Research (J&T BANKA)
World markets  |  February 07, 2013 09:41:33

Credit Suisse results for 4Q12 fell short of estimates

Bank's net profit for 4Q Credit Suisse reached CHF 397 million, which is less than the market expected (CHF 648 million). The bank also announced an increase in the reduction of costs by a further CHF 400 million in 2015. Earlier, the bank announced austerity measures amounting to CHF 4 billion. Management proposes dividend of 10 cents per share in cash and 65 cents in the form of shares.

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Výsledky Credit Suisse za 4Q12 zaostaly za odhady

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