ZURICH—Credit Suisse on Thursday capped a scandal-ridden year with a $2.2 billion quarterly loss and said 2022 earnings would be weighed down by restructuring and compensation costs.
Though Switzerland’s second-biggest bank had flagged a large fourth-quarter loss, it was still steeper than expected with analysts pointing to slides in revenue across most of its business segments in addition to hefty legal costs for its investment bank. In contrast, many of its rivals have posted robust results.
