Squawk Box Europe Express

SQUAWK BOX, THURSDAY 10TH FEBRUARY, 2022


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Credit Suisse posts a more-than CHf2 billion net loss in the fourth quarter, as the embattled lender claims this will be a "transitional year" following a series of scandals. Net income at Société Générale almost quadruples in the fourth quarter, boosted by strong equity trading revenues as the French lender says it is entering 2022 with confidence. Strong demand in China and the U.S. sees L'Oréal full-year revenue jump 16% - as CEO Nicolas Hieronimus hails an "historic year" for the beauty group. And, Disney shares jump in extended trade as streaming subscriptions beat estimates and theme park business roars back to life. CEO Bob Chapek tells CNBC the decision to raise prices at peak times is just part of the "circle of life".

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Squawk Box Europe ExpressBy CNBC International

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