Credit Suisse looks to speed up cost cuts as revenue outlook worsens

Credit Suisse looks to speed up cost cuts as revenue outlook worsens

FILE PHOTO: The logo of Swiss bank Credit Suisse is seen in front of a branch office in Bern, Switzerland November 29, 2022. REUTERS/Arnd Wiegmann

Credit Suisse is accelerating cost cuts announced just weeks ago, Chairman Axel Lehmann said on Friday, as client outflows and a slowdown in activity weigh on the Swiss bank’s revenue outlook.