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Credit Suisse produces record Q2 despite challenges within its private bank

News Team, 30/07/2020

Credit Suisse's Zurich HQ

Credit Suisse produced a strong group result in the second half of 2020, posting sharp growth in its pre-tax income and its best second-quarter result in a decade.

Growth in investment banking revenues were somewhat offset within the private banking units – which were more of a mixed bag.

While pre-tax income was up 3 percent year-on-year within the Swiss Universal Bank’s large privat...


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