The Business Times
The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Companies & Markets

SUBSCRIBERS

Credit Suisse trading revival confirms turnaround: CEO

Bank adopting a cautious short-term outlook for now

Published Wed, Feb 14, 2018 · 09:50 PM
Share this article.

Zurich

CREDIT Suisse Group AG's Tidjane Thiam said he "couldn't be more pleased" with the performance of the bank's trading businesses at the start of the year, while cautioning that the recent return of volatility isn't without risks.

The first six weeks of 2018 showed a "strong start" in the market-dependent businesses, with revenue gains of 10 per cent in its global markets unit and 15 per cent in Asia-Pacific markets, Credit Suisse said in its fourth-quarter earnings report, published on Wednesday.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Banking & Finance

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here