Credit Suisse reports third straight annual loss after US tax writedowns

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  1. Credit Suisse reports 2017 net loss of $1 billion after US tax writedowns  CNBC
  2. Credit Suisse posts third straight annual loss on US tax writedown  Reuters
  3. Credit Suisse’s Thiam Warns Volatility Is a Double-Edged Sword  Bloomberg
  4. Full coverage



ZURICH, Feb Reuters Credit Suisse on Wednesday posted a smaller than expected annual loss of million Swiss francs $. billion after . billion francs in income tax expenses mostly due to U.S. tax reform kept the bank from its first year in the black since CEO Tidjane Thiam launched a .Credit Suisse posted its third consecutive annual loss on Wednesday, highlighting writedowns in the fourth quarter of due to the overhaul of the U.S. tax system. It reported a net loss of million Swiss francs $. billion for the year and said that it paid . billion Swiss francs in income tax .Credit Suisse has strong start to after third straight loss. By Brenna Hughes Neghaiwi. ZURICH, Feb Reuters Credit Suisse on Wednesday was upbeat on prospects for the year ahead, as it enters the last leg of Chief Executive Tidjane Thiam s three year overhaul, hoping to put its third straight .Credit Suisse posted a smaller than expected loss of million Swiss francs $. billion as a . .







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