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NEWS: Credit Suisse could slash 5000 jobs as part of cost-cutting

By Alisha Houlihan for AMLi

Switzerland’s second-largest bank Credit Suisse is reportedly considering cutting around 5,000 jobs as part of cost-cutting measures.

The global lender is believed to be part of a major cost restructuring, as the new CEO Ulrich Koerner attempts to put Credit Suisse back on a straight path following several historical scandals.

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