Companies

Dec 4: Credit Suisse set to cut 11% of its workforce

Credit Suisse on Thursday said it had lost a net SFr3bn ($2.5bn) in the two months to the end of November and would axe about 11 per cent of its workforce, principally in investment banking. Peter Thal Larsen, banking editor, talks to Daniel Garrahan about how the cuts will shape the bank.