Switzerland's Credit Suisse reports its strongest quarterly profit in more than three years
ZURICH—Credit Suisse Group AG reported its strongest quarterly profit in more than three years aided by its global markets and wealth management units, suggesting the Swiss bank’s three-year restructuring is starting to pay off.
The better-than-expected first-quarter results follow the bank posting for 2018 its first annual profit since 2014 after completion of a three-year restructuring plan late last year. The overhaul streamlined the investment-banking division and boosted its wealth-management business.
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