Credit Suisse's net profit fell by 38% in the third quarter, affected by the decline in foreign exchange rates in light of the Coronavirus pandemic.
According to CNBC Arabia, the net income attributable to shareholders reached 546 million Swiss francs ($ 600 million), which is well below the 679 million Swiss francs it expected. Analysts, according to Reuters Econ.
represents a 38% decrease in net income in the third quarter of last year. In the second three months of 2020, net income was 1.16 billion Swiss francs.
