CNN
Zurich-Credit Suisse ( CS ) warned on Wednesday of a likely group-wide second quarter loss as volatility hits its investment bank, extending a losing streak stretching back to 2021.
Switzerland's second largest bank has described 2022 as a " transition " year, in which it is trying to turn the page on costly scandals that brought ousters and near - total reshuffle of top management as well as restructuring seeking to curtail risk-taking, particularly in its investment bank.
Poor buggers...lol
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