ZURICH—Credit Suisse Group AG reported a surprise profit for the third quarter, as it curbed expenses and sold a historic building, though investors were discouraged by challenges the Swiss bank continues to face amid its ongoing overhaul. Zurich-based Credit Suisse said Thursday its net profit in the quarter was 41 million Swiss francs ($42.1 million), compared with 779 million francs in the same period last year. Net revenue fell...
Credit Suisse reported a surprise profit for Q3 2016 , as it curbed expenses and sold a historic building, though investors were discouraged by the bank’s struggle to remain profitable amid an ongoing overhaul. Credit Suisse Group reported a profit of CHF 41m ( 779 million francs ) as compared with CHF 779m in Q3 the quarter .