Credit Suisse Group reported record income from continuing operations of 8.5 billion Swiss francs ($7.72 billion) for 2007, up 3% from the prior year.Net revenues also increased 3%. However, net income of CHF 8.5 billion, was down from CHF 11.3 billion in 2006, which included income from discontinued operations of CHF 3.1 billion. The return […]
Quarterly dividend jumps 9%
Exchange posts declines in transaction and clearing revenues
Operating profits for financial industries climbed 15.8% to an all-time high of $81.3 billion
Net income increases thanks to new global presence after merger with Euronext
Drop attributed to reallocation of assets
Operating income up 49.2% from prior year
Stock exchange operator takes tax hit
Weak results reflect losses on U.S. subprime mortgages
Bank to write off balance of exposure to monoline insurer in Q1 results