Credit Suisse May Post Profit Decline on Trading Revenue Drop
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Credit Suisse Group AG, Switzerland’s second-largest bank, will probably report a drop in third-quarter earnings tomorrow on lower revenue from trading.
Credit Suisse may say net income fell 63 percent from a year earlier to 861 million Swiss francs ($891 million), the lowest level since the fourth quarter of 2009, according to the median estimate of 11 analysts surveyed by Bloomberg News.