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::. 1090 day ago.
Credit Suisse May Exit US Market, Fire 'Thousands', And Shuffle Risky Assets Into 'Bad Bank'
Credit Suisse May Exit US Market, Fire 'Thousands', And Shuffle Risky Assets Into 'Bad Bank' Credit Suisse is mulling several drastic options as it seeks to emerge from losses and scandals, including exiting the US market, firing more than 10% of its 45,000 global workforce, and splitting its investment bank into three - which would include the creation of a "bad bank" to silo risky assets, the Financial Times and Reuters report. Under proposals presented to the Board of Director
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