Credit Suisse Group AG made more changes to its management team Wednesday and reported a quarterly loss due to weak business conditions and higher costs from lawsuits.
The bank’s net loss for the first quarter was around $284 million, following a $2.2 billion loss in the last three months of 2021. Its main capital ratio slipped to 13.8% from 14.4% at the end of December. Unless the bank returns to profitability, the drop in its capital could weigh on its ability to conduct buybacks and pay dividends.
Credit Suisse, eso que es ? La marca de un banco ? O la marca de una lavadora de hogar sofisticada ?
Shut them all down
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