CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Credit Suisse is considering closing its U.S. operations

16:25 22 September 2022

As reported by Reuters, one of the largest investment banks, Credit Suisse (CSGN.CH) is considering various options to downsize its Investment Banking unit. One option is to sharply reduce its U.S. operations. There have long been rumors in the industry media about possible business cuts in the IB division and a focus on asset management and private banking.

Moreover, the bank allegedly contacted shareholders about a potential capital hike - Reuters.

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Credit Suisse (CSGN.CH) shares ended today's session more than 5% lower. Source: xStation5

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