Credit Suisse Stocks Decline as it Pares Investment Banking
On Thursday, stocks of Credit Suisse skidded as it announced to shift focus from its investment bank to its wealth-management business. The Swiss company plummeted 0.40% or 0.04 points to $10.80 per share. At the same time, it followed its Wednesday drop of 1.69% to $10.84 per share. Accordingly, Credit Suisse will leave its prime …
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