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Legal costs hold back Credit Suisse profits

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Credit Suisse Group 4Q13 total reported Core pre-tax income of CHF 428 million, up 11% from CHF 385 million in 4Q12; 4Q13 underlying* pre-tax income of CHF 1,321 million; results reflect strong profitability in PB&WM and solid performance in IB, with particular strength in equities and underwriting Credit Suisse Group…

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