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Credit Suisse reports CHF 1.3 billion losses in Q1

Credit Suisse reports CHF 1.3 billion losses in Q1
The bank’s adjusted net revenue stood at CHF 2.8 billion, registering a 40% decline compared to the first quarter in 2022. The adjusted pre-tax loss came in at CHF 1.3 billion for Q1, increasing by CHF 300 million compared to the previous quarter. The official announcement detailed that significant deposit and net asset outflows impacted […] The post Credit Suisse reports CHF 1.3 billion losses in Q1 appeared first on LeapRate... Read More
Posted: Apr 24 2023, 09:11
Author Name: leaprate
Views: 110693

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