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Credit Suisse eyes ways to accelerate cost cuts, Reuters reports

Credit Suisse is eyeing ways to speed up recently announced cost reductions as client outflows and a slowdown in activity weigh on its revenue outlook, Reuters’ Oliver Hirt, Selena Li, Sumeet Chatterjee, and Noele Illien report, citing three people with knowledge of the talks. The savings would like involve additional workforce reductions, including in its mainstay wealth unit, the authors say. Reference Link

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