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.
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day.
Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Boeing stock lands upgrade at Credit Suisse, but falls short of 'buy'Boeing Co.'s stronger aircraft sales have landed the stock an upgrade at Credit Suisse.
Read more »
UBS has no desire to buy Credit Suisse, chairman tells newspaperUBS has no interest in buying fellow Swiss lender Credit Suisse , the bank's Chairman Colm Kelleher said in a interview published on Saturday.
Read more »
Breakingviews - Valuing Michael Klein is a fascinating sideshowCredit Suisse Chief Executive Ulrich Körner has two thorny valuation riddles. He wants Michael Klein to run a soon-to-be-spun-off investment banking unit. Körner must first buy the star rainmaker’s eponymous advisory firm and merge it into a newly christened First Boston. Depending on how the two businesses are valued, it could mean a big payday for Klein. Luckily for Körner, that only happens if Credit Suisse shareholders also make money.
Read more »
Ashton Kutcher, Reese Witherspoon Go From Lovers to Friends to Something Else in 'Your Place or Mine' TrailerAshton Kutcher and Reese Witherspoon go from lovers to friends to something else in the new 'Your Place or Mine' trailer.
Read more »
10 Best Concerts of the Week: Asleep at the Wheel, Tyrese, Colter Wall and MoreWith the year getting off to a slow start as far as national touring acts go, it's another week of small and local shows that will let music fans get up close and personal with some bands that are sure to become their new favorite.
Read more »
DPS: 3 dead in fiery crash on I-10 near Chandler BoulevardMultiple vehicles, including semi-trucks, are engulfed in flames along I-10 near Chandler Boulevard. At least one person has died.
Read more »