Credit Suisse Defies Bank Gloom With New Money, Trading Beat

  • Wealthy clients add a net $9.6 billion during second quarter
  • Trading revenue beats Wall Street peers despite Asia slump
Credit Suisse CEO Thiam discusses the company’s financial results and business outlook.(Source: Bloomberg)
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Credit Suisse Group AG brushed off the gloom in European bank earnings as wealthy clients added new money and revenue from securities trading rose in a quarter in which peers posted declines.