Credit Suisse Says Profit May Fall in Third Quarter (Update4)

Story date: 2007-10-01 10:10:00
Added on: 2007-10-01 11:00:17

Bloomberg - UBS AG, the biggest Swiss bank and Credit Suisse's rival, reported today that it had a pretax loss of as much as 800 million francs after bad bets on U.S. mortgages. In the second quarter, Credit Suisse benefited from wealth-management fees to post a ...


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