All the updated news related to ulrich korner

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City

Credit Suisse to shed 9,000 staff in ‘radical’ cost-saving programme

Investment bank Credit Suisse has announced it is to slim down its global workforce by 9,000 as it ploughs ahead with huge cost-cutting measures. The Switzerland-based banking giant said it wants to reduce its cost base by 2.5 billion Swiss francs ...

27 Oct 2022 at 12:57

City

Credit Suisse shares tumble to lowest ever price after delaying annual report

Global banking giant Credit Suisse has seen its share price drop to its lowest ever level after revealing the publication of its annual report would be delayed. The Switzerland head-quartered bank has suffered huge losses and been embroiled in a ...

09 Mar 2023 at 15:37

City

Credit Suisse boss saddened by bank’s collapse fuelled by ‘unfounded rumours’

The boss of Credit Suisse has expressed his “deep personal regret” over the collapse of the bank that was significantly weakened by “unfounded rumours and speculation”. Ulrich Korner, the chief executive of the Swiss banking giant which was ...

04 Apr 2023 at 15:34

City

Credit Suisse flags ‘material weaknesses’ in financial reporting

Credit Suisse has revealed it found “material weaknesses” in its internal controls over financial reporting, as it said its bonus pot has been slashed by half after a challenging year. The Switzerland-based global bank saw its share price ...

14 Mar 2023 at 14:18

City

Credit Suisse seeing money flow back into bank after turnaround plans, boss says

The boss of investment bank Credit Suisse has said he is now seeing money flow back into the bank, after initiating huge cost-cutting plans that include axing a tenth of its European investment bankers. Ulrich Korner, the Swiss bank’s ...

18 Jan 2023 at 14:21

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