Credit Suisse reports CHF 700 million Q2 loss and revenue drop driven by FX business
It seems as though the low interest rate, low volatility environment is hitting not only the results of Forex brokers, but also the big boys. Banking giant Credit Suisse (NYSE:CS) reported its second quarter results today, and they came in with a worse-than-expected loss of CHF 700 million ($775 million). A good part of the…
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