Reuters
Deals
UPDATE 2-Credit Suisse to make heavy job cuts in Europe - sources
Mon, Jun 25 17:56 PM EDT

By Sarah White and Douwe Miedema

LONDON, June 25 (Reuters) - Swiss bank Credit Suisse plans to cut up to one-third of senior employees in its European investment banking department, three sources familiar with the matter said, as a weak economy and tighter regulation continue to erode capital raising and advisory activities.


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