Switzerland's second-biggest bank also posted a 24% rise in second-quarter net profit to 1.162 billion Swiss francs ($1.27 billion), overshooting the mean estimate for 700 million Swiss francs in the bank's own poll of 17 analysts.
ZURICH: Credit Suisse said on Thursday that it was wrapping its global markets and investment banking divisions into a single unit, as Chief Executive Thomas Gottstein puts his first major strategic stamp on the bank.
Switzerland's second-biggest bank also posted a 24% rise in second-quarter net profit to 1.162 billion Swiss francs ($1.27 billion), blowing past the mean estimate for 700 million Swiss francs in the bank's own poll of 17 analysts.
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