Author: Albena Toncheva
123jump.com
Last Update: 7:40 AM ET May 04 2005


Email article | Print article

The Zurich-based bank Credit Suisse Group Wednesday announced its 1Q net profit climbed 2.7% driven by sound profit gains in private-banking unit. The Suisse bank has seen a considerable slowdown in business activity so far in 2Q but still expects activity to rebound in the second half of 2005.