Credit Suisse Decides the Best Target Is One You Can Hit

0
114


Tidjane Thiam has learned to be a little more cautious since he took the reins at Credit Suisse.

The Swiss bank’s chief executive set fresh profit and payout goals at Thursday’s investor day. But the strong share-price reaction—the stock rose more than 4%—is a slight surprise because his promises weren’t so daring. Better to over-deliver than to cut targets as Mr. Thiam had to do with some in his first strategic plan.

Credit…



Source link

LEAVE A REPLY

This site uses Akismet to reduce spam. Learn how your comment data is processed.