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Credit Suisse Posts Profit In Q1, AuM Down; Sees Loss In Q2, FY23

Swiss banking firm Credit Suisse Group AG (CS), which is in deal to be bought by UBS Group AG (UBS), reported Monday that its first-quarter net income attributable to shareholders was 12.43 billion Swiss francs, compared to last year's loss of 273 million francs.

Pre-tax income was 12.76 billion francs, compared to loss of 428 million francs a year ago.

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by RTTNews Staff Writer

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