'You can hardly run this business with less'.
Reuters reports that Credit Suisse’s investment banking operation has been scaled back enough, Chairman Urs Rohner was quoted saying in a newspaper interview, underscoring the bank’s commitment to the business.
Asked by Schweiz am Wochenende if the investment bank was tying up too much capital, Rohner said: “No, we see $60bn in risk-weighted assets as a reasonable size for our trading business. You can hardly run this business with less.”
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