WORST MONTHS EVER

most important shareholders have sponsored Thiam's strategy, but there are issues that credit score Suisse is trying to expand in Asian wealth management just as chinese boom is slowing.

some also fear Thiam's targets are too positive, which includes one to more than double pre-tax income from Asia Pacific in 2018.

hard markets brought about credit score Suisse to take a fair bigger ax to its investment financial institution and reduce greater jobs.

"the first sector of 2016 has visible a continuation of the terrible pressures experienced within the very last region of 2015," Thiam said in his speech.

"January and February had been sincerely two of the worst months ever in international markets. As a result, we determined to boost up our approach of right-sizing and de-risking our market sports."

He informed the AGM that the current proportion slide were disappointing for him for my part.

"I agree with that inside the long run," Thiam stated, "there is most effective one manner to enhance credit Suisse's share rate: demonstrating the deserves of our strategy and the cost of our crew through the shipping of sturdy and steady outcomes."