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Credit Suisse Bank will be without reconstruction

2022.11.18 00:49


Credit Suisse Bank will be without reconstruction

Budrigannews.com – Jens Hans said that Credit Suisse will be largely unaffected by the restructuring plan announced last month.

“From the customer’s point of view and the market’s point of view, there is definitely nothing that will change,” he said, according to the Swiss newspaper L’agefi.

In addition to increasing capital by 4 billion Swiss francs (4.2 billion U.S. dollars) and laying off thousands of people, Credit Suisse plans to scale back the scandal.

“The Swiss Investment Bank will become part of the Swiss banking industry,” Haas said.This was already the case before this year,” he said.

In terms of wallet share, investment bank Switzerland is the market leader in the Alpine region, at about 13%, he said.

($1 = 0.9531 Swiss francs)

Credit Suisse Bank will be without reconstruction

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