Credit Suisse shares are trading lower after the company reported a $4 billion loss and announced a restructuring plan, which include headcount reductions and a spinoff of its investment bank. The company is also seeking to raised capital from the Saudi National Bank.

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Credit Suisse shares are trading lower after the company reported a $4 billion loss and announced a restructuring plan, which include headcount reductions and a spinoff of its investment bank. The company is also seeking to raised capital from the Saudi National Bank.
Posted In: WIIM
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