CREDIT Suisse expects to make a third-quarter loss of about US$1.6 billion from the reclassification of loans linked to its non-core and legacy businesses, the bank, which is now part of UBS, said on Friday (Sep 29).
CREDIT Suisse expects to make a third-quarter loss of about US$1.6 billion from the reclassification of loans linked to its non-core and legacy businesses, the bank, which is now part of UBS, said on Friday (Sep 29).