Credit Suisse reports 4Q loss

Credit Suisse posts loss of $2.35 billion in 4th quarter

ZURICH (AP) _ Credit Suisse Group AG (CS) on Tuesday reported a loss of $2.35 billion in its fourth quarter.

The Zurich-based bank said it had a loss of $1.12 per share. Losses, adjusted for restructuring costs, came to $1.10 per share.

The bank posted revenue of $7.37 billion in the period. Its adjusted revenue was $5.18 billion.

For the year, the company reported that its loss narrowed to $2.48 billion, or $1.21 per share. Revenue was reported as $20.64 billion.

Credit Suisse shares have risen 3.5 percent since the beginning of the year. The stock has increased 17 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CS at https://www.zacks.com/ap/CS

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Keywords: Credit Suisse, Earnings Report

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