Download to read offline
Uploaded byQuarterlyEarningsReports2
107 views
credit suiss Presentation slides
Credit Suisse reported strong results for the second quarter and first half of 2007. Net revenues increased 45% and 26% compared to the second quarter and first half of 2006 respectively. Income from continuing operations before taxes increased 67% and 39% compared to the same periods in 2006. The Investment Banking division achieved record revenues and pre-tax income for the quarter. Private Banking also had record pre-tax income of CHF 1 billion for the quarter. Corporate & Retail Banking benefited from a positive operating environment. Credit Suisse continued its share repurchase program and issued USD 2 billion in hybrid capital.
