Credit Suisse

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Subprime Crunch Doesn’t Matter (Much) to Credit Suisse 

May 02, 2007By

Bloomberg is reporting on Credit Suisse’s operating results this morning, which saw first quarter profit rise a somewhat sluggish 5 percent, although the company admitted that the subprime market had set it back some. It’s actually a pretty rosy picture, all in all — mirroring what to me at least is a surprising outcome in the investment banking sector this earnings season.

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Updated 10 months ago