BERLIN - Credit Suisse, which is now a subsidiary of UBS, posted a loss of 3.
5 billion Swiss francs in the second quarter of 2023, according to a report in the Sonntagszeitung, which cited insiders at the bank.Credit Suisse had already forecast a significant pre-tax loss for the second quarter and full year 2023 in April, given its move to exit from non-core businesses and due to restructuring and financing costs.
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