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Credit Suisse warns rising legal costs will lead to Q1 loss
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fnlondon.comCredit Suisse said 20 April that it expects to report a loss for the first quarter as a result of increasing provisions for a number of legal issues.
The Swiss lender said it increased provisions by about 600 million Swiss francs ($629.9m), taking the total sum set aside for legal matters in the first quarter to about CHF700 million.
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