The restructuring plans announced in October have so far failed to convince investors, with the shares losing about 41 percent of their value in that period. “There was clearly an active decision to retain illiquids that CS took which other firms didn’t take,” Huw Van Steenis, a bank analyst at Morgan Stanley, said to Thiam on the conference call. “It was a surprise to everyone in the first place that you kept them.” Credit Suisse said Wednesday it’s now targeting 6,000 job cuts in 2016, up from 4,000 it had previously planned, and aims to cut risk-weighted assets in the trading unit by another 20 percent to $60 ... (full story)