Credit Suisse Posts Downbeat Q3 Profit
October 24, 2013 at 04:43 AM EDT
Credit Suisse Group AG (NYSE: CS ) reported a rise in its third-quarter net profit. Credit Suisse's quarterly net profit surged to 454 million francs, versus a year-ago profit of 254 million francs. However, analysts were estimating a profit of 655 million francs. Its total operating expenses declined 11% to around