Credit Suisse says will work with U.S. to resolve tax issue, WSJ reports Urs Rohner, the chairman of Credit Suisse, says the company is doing everything allowed under U.S. and Swiss laws to resolve the bank's outstanding tax issue with the U.S., the Wall Street Journal reports. Rohner says the bank will work with U.S. authorities "to the extent permitted by Swiss law." Reference Link
Credit Suisse reports Q1 net income CHF 1.05B vs. CHF 859M Reports Q1 core pre-tax income of CHF 1.54B. Reports Q1 revenue CHF 6.67B vs. CHF 6.47B last year. Reports look-through CET1 ratio of 10% as of the end of Q1.