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Credit Suisse's last chance
Behind the Money
Credit Swiss - The Last Chance, Saloon
Owen Saloon says credit Swiss is facing one of its worst years in 166 years as a bank. The group has had to announce its fourth profit warning of the year saying it expects that in January to post up to 1.6 billion Swiss francs of losses for the final quarter. He says shareholders want to see blood, they want to see job cuts and they want tosee the bank stripped down.
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