Credit Suisse Posts Quarterly Profit, Boosts Cost-Cutting Goal

Credit Suisse Posts Quarterly Profit, Boosts Cost-Cutting Goal

Valentin Flauraud/Bloomberg

A pedestrian is reflected in the windows of a Credit Suisse Group AG bank in Geneva. Credit Suisse reaffirmed in November its commitment to a fully-fledged investment bank after UBS AG said it would cut 10,000 jobs and shrink debt trading to focus on money management.