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Credit Suisse posts net profit of 1.054 billion Swiss francs in Q1

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Credit Suisse on Tuesday reported a 23 percent rise in net profit in the first quarter from the year-ago period. The Swiss banking giant said it logged earnings of 1.054 Swiss francs ($1.1 billion) in the January-March period, better than the 1.034 billion Swiss francs forecast in a Reuters poll….

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