Credit Suisse Ends String of Losses in Trading

  • Global markets returns to profit after two quarters of losses
  • But advisory business suffers bigger-than-expected drop
CEO Tidjane Thiam says Credit Suisse’s main trading business is well positioned to win market share from its rivals.Source: Bloomberg
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Credit Suisse Group AG’s troubled trading business is finally bringing some much needed relief to Chief Executive Officer Tidjane Thiam.