Credit Suisse Q4 Loss Widens; Warns On FY22; Stock Down

Shares of Credit Suisse Group AG were losing around 5 percent in Swiss trading as well as in pre-market activity on the NYSE after the banking major reported Thursday a sharply wider net loss in its fourth quarter with charges and weak revenues, mainly in the Investment Bank. Looking ahead, the bank said the year 2022 will be a transition year as the benefits of strategic capital reallocation towa

from RTT - Top Story https://ift.tt/M6h7p3z
via IFTTT