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Credit Suisse in steep loss after US tax case

Brady Dougan, CEO of Swiss Bank Credit Suisse, speaks during a press conference of the bank in Zurich, Switzerland, Tuesday, July 22, 2014. Credit Suisse AG posted a second-quarter net loss of 700 million Swiss francs (US dollar 779 million), after paying the largest penalty ever imposed in a U.S. criminal tax case. Dougan said “I want to reiterate that we deeply regret the past misconduct that led to this settlement and that we take full responsibility for it". (AP Photo/Keystone, Ennio Leanza)

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