Credit Suisse Swiss unit had higher 2014 profit under restatement

January 8, 2016 9:11 AM

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ZURICH Jan 8 Credit Suisse reported higher 2014 pre-tax income at its Swiss Universal Bank, which it plans to partially float on the stock exchange by 2017, when it restated results on Friday.

Credit Suisse said income before taxes in 2014 at the Swiss Universal Bank was 1.976 billion Swiss francs ($1.98 billion) compared to the 1.6 billion francs stated on Oct. 21.

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