Credit Suisse could cut 5,000 jobs: paper

Apr 15, 2012 Full story: The Hartford Courant

A Switzerland national flag flies in front of the logo of Swiss bank Credit Suisse at a branch office in Zurich ZURICH - Swiss bank Credit Suisse could announce the loss of up to 5,000 jobs in its investment banking business at its forthcoming first-quarter results, a Swiss newspaper reported on Sunday.

Full Story
BillyBarker

Barkerville, Canada

#1 Apr 16, 2012
You wouldn't have lost all those jobs if you kept your gold. That's what happens when swiss banks fail to practice the gold discipline approach. Job security in swiss banks is directly linked to how much gold you have physically. Since 1999, swiss banks have been rusting away from the inside out. Your currency the franc is next in line for the slow death within 3 years, unless backed by gold, which since 1999 has risen dramatically in purchasing power.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Switzerland Discussions

Title Updated Last By Comments
Walgreens grants billionaire interim CEO $7M in... 3 hr Phill 14
These are the times of the Israelites!!!. Jan 22 dGo meDadn lHoy i... 1
SWlSS PROSTITUTES! Jan 8 cupid1234 2
What climate change? (Jun '13) Dec 29 God Damned Holy S... 77
German-language pop superstar Udo Juergens dies Dec '14 UDJ 1
Russian citizens massively settle houses around... Dec '14 Stephany McDowell 1
Sex meet in switzerland Dec '14 BigCOck92 4
More from around the web