Commentary: Dougan's approach at Credit Suisse seems to be working

04/25/2013 | Bloomberg · Wall Street Journal, The

Credit Suisse has reported net income of $1.37 billion for the first quarter amid its investment bank's improved earnings and reduced costs throughout the banking giant. The results appear to vindicate CEO Brady Dougan, Simon Nixon writes. The data suggest "Dougan has been right to argue that banks don't need to have large scale across all markets to succeed under the new rules," Nixon writes.

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Bloomberg · Wall Street Journal, The

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