APAC, Growth Markets Drive Higher Deriv Revenues At Credit Suisse
An expansion in to growth markets, notably Asia Pacific, by Credit Suisse drove higher derivatives results in equity sales and trading, according to the firm’s latest quarterly report. Credit Suisse reported net income attributable to shareholders of CHF921 million and return on equity of 8% in Q4 2014, while for 2014 overall, reported a net income attributable to shareholders of CHF2.105 billion and return on equity of 5%.
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