Tidjane Thiam

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Chief executive Tidjane Thiam  took over at Credit Suisse from British insurer Prudential last July

Credit Suisse Group has announced 800 million Swiss francs ($821 million) in additional cost cuts and plans to shrink its investment bank further as i(...)

Credit Suisse chief executive Tidjane Thiam

Shares in Credit Suisse fell by more than 8 per cent in trading on Thursday as its chief executive Tidjane Thiam said the turmoil in global markets t(...)

Tidjane Thiam, chief executive of Credit Suisse, has asked the company’s board to reduce his bonus, days after the Swiss bank reported a multibillion-dollar loss in the fourth quarter. (Photograph: Michele Limina/Bloomberg)

Tidjane Thiam, chief executive of Credit Suisse, has asked the company’s board to reduce his bonus, days after the Swiss bank reported a multibillion(...)

Credit Suisse chief executive Tidjane Thiam

Credit Suisse posted its first full-year loss since 2008 as it booked a big impairment charge for its investment banking business under new chief exec(...)

Credit Suisse is seeking to cut costs by switching some staff from London to Dublin. Photograph: Reuters

Credit Suisse has received regulatory approval to set up a branch in Ireland as the Swiss bank considers moving some prime brokerage operations to Du(...)

Most of the bank’s job cuts  will be in Asia, the source said. Photograph: Lewis Stickley/PA Wire

Barclays plans to cut more jobs in its investment banking unit, a source familiar with the matter said, as the British bank steps up efforts to slash(...)

Swiss bank Credit Suisse is set to bring a trading floor to Dublin. (Photograph: Arnd Wiegmann/Reuters)

Credit Suisse is on course to become the first international bank to set up a major trading floor in Dublin. The Swiss bank wants to move 40 traders a(...)

Deutsche Bank: chief executive John Cryan presented preliminary details of the cost-cutting plan to members of the supervisory board at the weekend. A spokesman for the bank declined to comment. Photograph: Sergei Karpukhin/Reuters

Deutsche Bank aims to cut roughly 23,000 jobs, or about one quarter of its staff, through layoffs mainly in technology activities and by spinning off (...)

 John Lewis on Oxford Street,  London. Retail analyst Nick Bubb is forecasting an 8 per cent fall in pre-exceptional profits to around £350 million, reflecting a 20 per cent slump in operating profits at Waitrose.

The payouts that give bonuses a good name will be revealed Thursday morning, when the John Lewis Partnership announces its annual results.To the usual(...)

Tidjane Thiam, chief executive officer of Prudential. Photograph: Matthew Lloyd/Bloomberg

Britain-based insurer Prudential has delivered a 17 per cent rise in operating profit for 2013, driven by robust sales in Asia and strong earni(...)

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