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Credit Suisse Sees Investment-Banking Profit Margins Narrowing, B-Z Says

By Holger Elfes -

Credit Suisse Group AG sees investment-banking profit margins narrowing because of increased regulation, Boersen-Zeitung said, citing Martin Korbmacher, the group’s head of investment banking in Germany and Austria.

Profitability will fall by 5 percentage points in the investment banking business after banks implement the new rules, according to the newspaper.

To contact the reporter on this story: Holger Elfes in Dusseldorf at helfes@bloomberg.net

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