ZURICH (AFP) – Credit Suisse could slash more than 10 per cent of its investment banking staff in Europe, the Financial Times (FT) newspaper reported, with the beleaguered Swiss lender declining to comment yesterday.
Switzerland’s second-biggest bank “already let hundreds of staff go in London and Zurich last month”, the British financial daily reported on Saturday.
The Zurich-based bank declined to comment when contacted by AFP.
“Consultations over the next round of redundancies started before Christmas, with more than 10 per cent of investment banking jobs in Europe under…