From the CS press release: "The bank has also accelerated its cost transformation and is well on track to deliver CHF ~2.5 billion of cost base reductions by 2025, including CHF ~1.2 billion in 2023" -> When your biggest investment highlight is your mass layoff spree

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I see nothing wrong here, the free market will sort it out.

Definitely got my eyes on $BARC right now, strap in folks.