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Zurich

World news about “Zurich” published by euronews.

22/07 14:10 CET

Losses at Credit Suisse after US tax settlement

Losses at Credit Suisse after US tax settlement

Credit Suisse Group has recorded its biggest quarterly loss since the peak of the financial crisis in 2008 because of a 1.3 billion euro fine it paid to settle a US tax investigation. The Zurich-based bank recorded losses in the second quarter of over 575 million euros compared…