Credit Suisse paid a fine of $2.6m in May 2014 to settle its tax dispute with the US. Today they announced the Q3 and YTD results. The net profit more than doubled on a YTD basis and the pre-tax profit reached c.a. $1.4m. The investment bank increased doubled its pre-tax profit from a year earlier.
Credit Suisse increased its Tier I ratio to 14.3%, well above the Basel III requirements.