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Credit Suisse Sees Lower Investment Bank Revenue as Markets Slow

Credit Suisse Group AG expects the flurry on financial markets that’s delivered bumper revenue for investment banks to ebb.

“We would expect market volumes to return to lower and more normal levels in the coming quarters,” Chief Executive Officer Thomas Gottstein said. “For the investment bank, we would expect the second quarter to reflect the slowdown in market activity as well as an impact from the resizing of our prime services business.”