Credit Suisse 2016 net loss of 2.4 bn Swiss francs

ZURICH, Feb 14, (APP/AFP) - Credit Suisse, Switzerland's second-biggest bank, said tuesday its net loss had narrowed to 2.4 billion Swiss francs (2.2 billion euros, $2.3 billion) in 2016 against 2.9 million a year earlier. "We have significantly reduced our fixed operating cost base and increased our operating leverage. We have generated industry-leading net inflows at higher margins," said CEO Tidjane Thiam