Credit Suisse reported higher operating expenses during the first quarter as the financial institution invested in software, shrunk its team and continued restructuring efforts amid its acquisition by UBS following a run on the Zurich-based bank in March. THE BIGGER PICTURE: The $607 billion bank saw a 16% year-over-year increase in total operating costs […]
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- Source: https://bankautomationnews.com/allposts/business-banking/credit-suisse-discloses-73m-in-software-investments-in-q1/
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