Source: www.reuters.com
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ZURICH (Reuters) - Credit Suisse is aiming to make a profit this year, Chief Executive Thomas Gottstein told Swiss newspaper Finanz und Wirtschaft in an interview published on Friday.
“We expect a profit in 2022. But uncertainty factors such as Russia, China, inflation and the interest rate environment are difficult to assess,” he said.
Switzerland’s second-biggest bank has been plagued by scandal in the past year and last week reported a $2.2 billion quarterly loss and said 2022 earnings would be weighed down by restructuring and compensation costs.
Reporting by Michael Shields; Editing by Susan Fenton
