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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Credit Suisse Group | NYSE:CS | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.8858 | 0 | 01:00:00 |
--Credit Suisse Group AG (CS) is said to be considering cutting hundreds of jobs, Bloomberg reports Thursday, although later media reports said the Swiss bank denied it was so.
--Bloomberg, citing "people with knowledge of the matter," said the cuts could start this year, and may affect the bank's International Wealth Business and Swiss Universal Bank, among others.
--Responding to the report, the bank said "The notion that we are weighing hundreds of active job cuts is unfounded," Bloomberg said.
Full story: https://www.bloomberg.com/news/articles/2018-11-15/credit-suisse-said-to-weigh-hundreds-of-job-cuts-to-reduce-costs
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
November 15, 2018 12:39 ET (17:39 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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