KEENE, N.H. (AP) — Hillary Rodham Clinton has found herself on the defensive during her first presidential campaign visit to New Hampshire this year, pushing back against swirling questions about her family foundation.
Swiss banking giant Credit Suisse said Tuesday a strong performance by its private banking unit helped first quarter net profit rise by 23 percent to 1.05 billion Swiss francs (1.02 billion euros, $1.1 billion), outstripping forecasts by analysts. Its investment bank posted a 14 percent rise in pre-tax profits to 945 million francs. CEO Brady Dougan said that while trading revenue was higher than last year, the bank had a "difficult start to the year" due to a slowdown in underwriting only to benefit from later volatility in the markets. The Swiss central bank shocked domestic and global markets with its decision on January 15 to end three years of efforts to hold down the value of the Swiss franc against the euro, sending the currency soaring.