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Credit Suisse Weighs New Job Cuts Round After Loss Warning

  • Swiss lender considers dismissals across key business units
  • Bank warned of another loss at group level, investment bank
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Credit Suisse Weighs Job Cuts After Warning of 2Q Loss
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Credit Suisse Group AG is weighing a fresh round of job cuts, part of a renewed push to slash costs after warning of a second-quarter loss, according to people familiar with the matter.

The Swiss bank is considering headcount reductions across divisions including investment banking and wealth management in multiple regions, the people said, asking not to be identified as the matter is private.