Credit Suisse Q4 profit misses estimates

Note: This section contains information in English only.
Source: Bloomberg
Credit Suisse Group AG, one of biggest banks in Switzerland, announced its Q4 financial results that missed economists' predictions, as the bank a saved more money to pay for legal issues, namely 514 million francs. The net income totaled 267 million francs versus a 398 million francs average estimate. Today, Credit Suisse Group AG shares are dropping 1.2% to 26.72 francs by 11:00 GMT in Zurich.
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