Latest News

Credit Suisse issues profit warning for second quarter, citing Ukraine war and rate hikes

A sign above the entrance to the Credit Suisse Group AG headquarters in Zurich, Switzerland, on Monday, Nov. 1, 2021.
Thi My Lien Nguyen | Bloomberg | Getty Images

Credit Suisse said on Wednesday that it is likely to post a loss for the second quarter as the war in Ukraine and monetary policy tightening squeeze its investment bank.

This is a breaking news story, please check back later for more.

European markets head for higher open as investors gear up for U.S. inflation data

Previous article

The EU is about to weigh in on Ukraine membership. But the process won’t be easy

Next article

You may also like


Leave a reply

Your email address will not be published. Required fields are marked *

More in Latest News