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Credit Suisse set to cut 10% of European investment bankers -FT

Stock Markets Jan 14, 2023 10:20AM ET
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© Reuters. FILE PHOTO: Switzerland's national flag flies above a logo of Credit Suisse in Bern, Switzerland November 29, 2022. REUTERS/Arnd Wiegmann/File Photo

(Reuters) - Swiss lender Credit Suisse is looking to cut more than 10% of its staff of European investment bankers this year, the Financial Times reported on Saturday, citing people with knowledge of the moves.

Credit Suisse set to cut 10% of European investment bankers -FT
 

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Comments (2)
Sindre Kaland
Sindre Kaland Jan 14, 2023 12:29PM ET
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XYXX
XYXX Jan 14, 2023 11:32AM ET
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ok, understood.. it's buy the dip news to make new ATH for the 2023. as several such announcement from corporates making investors confident that cost cutting will give some good profits and eventually earnings will be robust.
 
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