Credit Suisse Swings To Q4 Profit
February 07, 2013 at 03:43 AM EST
Credit Suisse AG (NYSE: CS ) posted a profit in the fourth quarter. Credit Suisse posted a quarterly net profit of CHF397 million, versus a year-ago net loss. Its revenue climbed 29% to CHF5.8 billion. Credit Suisse raised its cost savings forecast to CHF4.4 billion, versus its earlier view of