Credit Suisse trading revival confirms turnaround: CEO
Bank adopting a cautious short-term outlook for now
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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.
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