Credit Suisse Private Banking declares huge asset inflows

22 April 2010 | 2 minutes read

Credit Suisse today (April 22) reported first quarter net income of SFr2.1bn (US$1.96bn), return on equity of 22.3%, net new assets of SFr26.0bn and a tier 1 ratio of 16.4%. Core net revenues for the period were SFr9.bn and the return on equity attributable to shareholders was 22.3%. Private banking reported income before taxes of SFr892m in Q1. Net revenues…

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