Credit Suisse Said Planning About 900 Swiss Job Cuts Next Year

Credit Suisse Group AG is accelerating job cuts in its home market to lift profitability as it gears up for a partial sale of the Swiss division, according to two people with knowledge of the matter. The bank plans to eliminate about 900 positions in Switzerland next year, possibly enabling it to achieve — perhaps even surpass — its target a year earlier than expected, said the people, who declined to be named as they weren’t authorized to discuss the matter.