Thiam Facing Investor Doubts Even as Credit Suisse Posts Profit

Updated on
  • Credit Suisse shares tumble 5% in Zurich, reversing gains
  • Bank reports unexpected profit in second quarter on cost cuts

Thiam: It's Only a Start, But It's a Good Start

Credit Suisse Group AG Chief Executive Officer Tidjane Thiam ended six months of losses last quarter. That wasn’t enough to convince investors his turnaround is on track.

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