Credit Suisse Adds More Cost Cuts to Turnaround Plan

Credit Suisse Group added an additional $1 billion in cost cuts and lowered profit targets at two units in an adjustment to Chief Executive Officer Tidjane Thiam's turnaround plan. Bloomberg's Elisa Martinuzzi reports on "Bloomberg Surveillance." (Source: Bloomberg)

China's Belt and Road Initiative and Global Commerce
29:24 - Cui Tiankai, China's ambassador to the U.S., Lucy Peng, Ant Financial executive chairman, Vijay Shekhar Sharma, Paytm founder and CEO, and Zhang Xiaoqiang, executive vice chairman and CEO of the China Center for International Economic Exchanges, discuss the impact of the Belt and Road Initiative with South China Morning Post Editor-in-Chief Tammy Tam at the Bloomberg Global Business Forum at The Plaza Hotel in New York City. (Source: Bloomberg)
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