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Credit Suisse CEO Gottstein on New Function, Loan-Loss Provision

Apr.23 — Credit Suisse Group AG Chief Government Officer Thomas Gottstein discusses the Swiss lender’s choice to put aside greater than $1 billion to cowl writedowns and provisions for unhealthy loans. He additionally feedback on buying and selling volumes and the financial institution’s return on tangible fairness goal. He speaks with Francine Lacqua on “Bloomberg Surveillance.”