Credit Suisse to Cut More Costs as Profit Falls
Credit Suisse Group AG, the second-biggest Swiss bank, increased a target for cost reductions after posting a drop in third-quarter profit that exceeded analysts’ estimates on an accounting charge related to its own debt.
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What the European Bank Stress Tests Mean for Markets
40:29 - Alan Ruskin, Deutsche Bank global co-head of FX research, discusses the results of the European bank stress tests with Bloomberg's Joe Weisenthal, Scarlet Fu and Amanda Lang on "What'd You Miss?" (Source: Bloomberg)