Credit Suisse Downsizes Leverage Risk in I-Banking Unit
Credit Suisse Group AG (ADR) (NYSE:CS) has announced that they will be bringing in some new changes to its investment banking unit, after feeling the pressure from investors. Specifically, investors wanted Credit Suisse to reduce leverage risk and capital usage from its investment bank operations. The bank announced measures to cut leverage by $71.5 billion and bank officials have said they are contemplating whether to raise rates for services done for
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