Credit Suisse Third-Quarter Profit Falls on Own Debt Charge

Credit Suisse Third-Quarter Profit Falls on Own Debt Charge

Gianluca Colla/Bloomberg

Credit Suisse gained 24 percent in Zurich trading since July 18, when it announced plans to cut an additional 1 billion francs in costs by the end of 2013 and boost capital by 15.3 billion francs after the Swiss National Bank called for a “marked increase.”