Wednesday, June 29, 2011

Credit Suisse Set to Ax 600 Jobs

Credit Suisse Group is set to cut 600 investment-banking jobs after it continued to suffer from weak trading activities in the second quarter, according to a person familiar with the situation, The Wall St Journal rerpots..

The Zurich-based bank launched a consultation process Tuesday in the U.K., where 100 of the jobs are set to go. The bulk of the jobs slated to go are in the U.S., though roughly a dozen positions in …...

Find out the rest at http://online.wsj.com/article/SB10001424052702304584004576414952028685160.html?mod=WSJ_newsreel_business

No comments:

Post a Comment