Investment Banking

Credit Suisse calls end to restructuring but old trading pains remain

Swiss bank returns to profit for first time in four years but trading business continues to struggle, with 10% revenue fall

Credit Suisse calls end to restructuring but old trading pains remain
Photo: iStockPhoto

Credit Suisse returned to profit for the first time in four years in 2018, as the Swiss banking group hailed the fruits of a restructuring that has cut its reliance on riskier investment bank revenues.

But its heavily scaled-back bond trading unit continued to weigh on group performance.

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