Advertisement
UK markets closed

  • FTSE 100

    7,895.85
    +18.80 (+0.24%)
     

  • FTSE 250

    19,391.30
    -59.37 (-0.31%)
     

  • AIM

    745.67
    +0.38 (+0.05%)
     

  • GBP/EUR

    1.1607
    -0.0076 (-0.65%)
     

  • GBP/USD

    1.2370
    -0.0068 (-0.55%)
     

  • Bitcoin GBP

    51,513.90
    -1,271.07 (-2.41%)
     

  • CMC Crypto 200

    1,371.97
    +59.35 (+4.52%)
     

  • S&P 500

    4,967.23
    -43.89 (-0.88%)
     

  • DOW

    37,986.40
    +211.02 (+0.56%)
     

  • CRUDE OIL

    83.24
    +0.51 (+0.62%)
     

  • GOLD FUTURES

    2,406.70
    +8.70 (+0.36%)
     

  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     

  • HANG SENG

    16,224.14
    -161.73 (-0.99%)
     

  • DAX

    17,737.36
    -100.04 (-0.56%)
     

  • CAC 40

    8,022.41
    -0.85 (-0.01%)
     
Behind the brand:

'Boutique hotel at sea': Virgin Voyages CEO hails Branson's 'biggest endeavour'

On board entrepreneur's latest venture

Credit Suisse says trading results positive following SNB move

Reuters - UK Focus

ZURICH, Jan 21 (Reuters) - Credit Suisse (NYSE: CS - news) said on Wednesday that it had not made losses trading foreign exchange after Switzerland's central bank suddenly abandoned a currency cap last week, causing a surge in the Swiss franc.

"Credit Suisse has recorded positive trading results over the period following the Swiss National Bank announcement, not having suffered any material trading losses relating to the foreign exchange volatility," the Zurich-based bank said in a statement.

Credit Suisse had said earlier this week that earnings remained just as vulnerable to forex moves as it had said in September. (Reporting By Katharina Bart. Editing by Jane Merriman)