Exclusive-Credit Suisse looks to speed up cuts as revenue outlook worsens.
Credit Suisse is accelerating cost cuts announced just weeks ago, Chairman Axel Lehmann said on Friday, as client outflows and a slowdown in activity weigh on the Swiss bank’s revenue outlook.
“We are really doubling down on the execution,” Lehmann said in a TV interview with Bloomberg a day after Reuters cited sources as saying the embattled bank was looking for ways to speed savings.
