Credit Suisse excuses cloud Thiam’s sunny targets LiamWardProud
Credit Suisse on Dec. 11 said it expects to make a return on tangible equity of above 8% in 2019, compared with a previous target of around 10%. The Swiss bank is now aiming for a 2020 ROTE of around 10% rather than the 11% to 12% target it outlined in December last year.
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