Credit Suisse weighs spinning off part of U.S fixed income business, FT says Credit Suisse is mulling over the idea of spinning off part of its fixed income business in the United States to reduce capital costs, says the Financial Times. 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.