Credit Suisse 's CEO Tidjane Thiam is cutting part of his bonus in response to the bank 's first year losses since 2008 , . Thiam says he wants to cut costs quicker , promising the lender 's asset base for 2015 would be 11 % smaller than a year previously . LONDON— He has also announced that the bank will focus more on wealth creation in emerging economies .
Credit Suisse 's CEO Tidjane Thiam is cutting part of his bonus in response to the bank 's first year losses since 2008 , . Thiam says he wants to cut costs quicker , promising the lender 's asset base for 2015 would be 11 % smaller than a year previously . He has also announced that the bank will focus more on wealth creation in emerging economies .