Credit Suisse plans 4,000 job cuts after rocky final quarter

Credit Suisse swung to a loss in the fourth quarter.

The bank wrote off billions of dollars in goodwill, set aside provisions for litigation and booked a multi-billion-dollar loss in its main trading unit.

The bank gave up 5.83 billion Swiss francs ($5.8 billion) during the final, rocky months of 2015, including a 3.8 billion-franc impairment that exacerbated its quarterly loss.

Analysts were expecting a loss of 4.3 billion francs. Credit Suisse posted ...