Credit Suisse said last month it would no longer make markets in government debt, including gilts, as investment banks have struggled to generate sufficient profits Reports suggest that a third of traders at Credit Suisse will three-day lose their jobs, as the bank looks to cut its workforce in London by 2,000 as part of its new restructuring plans; the bank is looking to shed 2,000 of its London -based employees to cut costs after a slowdown in the fixed-income and currency trading businesses.
Reports suggest that a third of traders at Credit Suisse will three-day lose their jobs, as the bank looks to cut its workforce in London by 2,000 as part of its new restructuring plans; the bank is looking to shed 2,000 of its London -based employees to cut costs after a slowdown in the fixed-income and currency trading businesses.