Credit Suisse reports Improved profitability in Private Banking & Wealth Management:
Improved profitability in Private Banking & Wealth Management: Total reported pre-tax income of CHF 1,012 million; good profitability in strategic businesses with pre-tax income of CHF 965 million, up 28% compared to 1Q13, and a return on capital of 33% Significantly increased cost efficiency, with improved cost/income ratio of 68%…
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