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2012.02.0901:59:00UTC+00Credit Suisse Posts Net Loss of 637 Mln Srf in Q4 Loss; Flags Good 2012 Start

News

  • Credit Suisse cut its dividend as it swung to a net loss of 637 mln SRF in Q4 after it accommodated 981 mln Swiss francs of restructuring charges in the quarter
  • The bank's Chief Executive Brady Dougan said in a statement that the bank had seen a good start to 2012, with return on equity in line with its goal, which is 15 pct

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