Credit Suisse Loses CHF8.2 Bln In ‘08

11 Feb 2009

Credit Suisse Group has reported CHF8.2 billion ($7.09 billion) in net losses in 2008, with a net loss of CHF6 billion ($5.166 billion) in the fourth quarter alone.

Credit Suisse Group has reported CHF8.2 billion ($7.09 billion) in net losses in 2008, with a net loss of CHF6 billion ($5.166 billion) in the fourth quarter alone. The results were the worst in the firm’s history and greater than analysts had predicted. In its report, CS said ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial

Want to learn more? View subscription options