Earnings

Credit Suisse earnings Q3 2021

0


A Credit Suisse logo in the window of a Credit Suisse Group AG bank branch in Zurich, Switzerland, on Thursday, April 8, 2021.

Stefan Wermuth | Bloomberg | Getty Images

Credit Suisse has beaten analyst estimates for the third quarter, but took a hit from charges settling allegations of corruption in Mozambique and other legal issues.

The Swiss bank also revealed that it expects to report a net loss in the final quarter of 2021 and said it plans to scale back its investment banking operations.

Credit Suisse said Thursday that net income attributable to shareholders came in at 434 million Swiss francs ($476 million) for the third quarter, above analyst estimates of 333.8 million Swiss francs…



Source cnbc.com

0 0 votes
Article Rating

Rents are bouncing back. What to do if you expect a big increase

Previous article

Rivian pushes value of companies that went public this year to a record $1 trillion

Next article

You may also like

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

More in Earnings