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Credit Suisse Falls as Capital Concern Overshadows Profit
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Credit Suisse Group AG fell the most since January in Zurich trading after the bank said a key measure of financial strength dropped in the first quarter, stoking concerns it may have to boost capital.
The ratio of capital to risk-weighted assets was at 10 percent, down from 10.1 percent at the end of 2014, the bank said in a statement Tuesday. The firm targets 11 percent. Net income in the period rose 23 percent to 1.05 billion Swiss francs ($1.1 billion) on increased trading activity.