CS: profits soar.

Position:Financial News
 
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Credit Suisse, Switzerland's second-largest bank, confirmed a jump of over six-folds in its first-quarter profit to CHF1.86 billion ($1.45 billion).

The rise has been attributed to strong gains in wealth management fees and trading income.

Chief financial officer Phil Ryan said that the first quarter had marked the bank's strongest operating performance since 2000, and this was "a great start to the year".

Profit at Credit Suisse Financial Services, inclusive of private banking, retail banking and the...

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