Swiss bank Credit Suisse Group in the second quarter increased its net profit 2 times year-on-year to 647 million Swiss francs. Analysts had expected the figure at 596 million francs. The gain was 5 billion 600 million francs, while analysts had predicted 5 billion 330 million francs. At the same time, the bank's director-general, Tijan Thiam, noted that the uncertainty associated with geopolitical and trade risks, as well as with changes in the monetary policy of the world's leading central banks can affect confidence in due course, and this, in turn, can affect a wide range of asset classes that are important for market operations”.
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