July 23 (Reuters) - Market share gains in investment banking and hefty wealth management inflows helped Credit Suisse to beat second-quarter profit forecasts on Thursday, despite a large fair value charge on its own debt.
Credit Suisse said it made a net profit of 1.6 billion Swiss francs ($1.50 billion) in the three months to end-June, which compared with an average forecast of 1.4 billion francs given in a Reuters poll.
Following are some recent key events involving Credit Suisse, which has recently topped UBS as Switzerland's largest bank by market value:
Oct. 13, 2008 - Israeli holding company Koor Industries invests 1.2 billion Swiss francs in Credit Suisse in exchange for a 3 percent stake in the bank.
Oct. 16, 2008 - Credit Suisse raises about 10 billion Swiss francs ($9.36 billion), or about 12 percent of its outstanding equity, from private investors. The Qatar Investment Company increases its stake in Credit Suisse to 8.9 percent, while Saudi conglomerate Olayan increases its stake to 3.6 percent.
Dec. 4, 2008 - Credit Suisse announces plans to cut 11 percent of its workforce, or 5,300 jobs, as it reveals it made a loss of 3 billion Swiss francs in October and November.
Feb. 11, 2009 - Credit Suisse unveils a net loss for the year of 8.2 billion francs, its biggest-ever annual loss.
March 9, 2009 - Credit Suisse names Hans-Ulrich Doerig as new chairman. Doerig replaces Walter B. Kielholz.
April 23, 2009 - Credit Suisse blows away analysts' forecasts with a first-quarter net profit of 2 billion Swiss francs.
June 23, 2009 - Credit Suisse agrees to pay $316 million to settle a legal battle over the collapse of a $6.5 billion buyout of chemical company Huntsman.
-- The Swiss bank subsequently said on July 23 it booked a 500 million-franc pre-tax charge in its second-quarter earnings in connection with the Huntsman settlement.
July 1, 2009 - Bank finalises sale of part of its traditional asset management business to Aberdeen Asset Management. The bank now holds 29 percent of Aberdeen.
July 12, 2009 - Koor Industries said it had raised its stake in the Swiss bank to 1.73 percent from 1.28 percent. The holding group had cut its Credit Suisse stake to as low as 0.7 percent earlier this year, but subsequently raised it. ($1=1.068 Swiss francs) (Writing by Carl Bagh, Bangalore Editorial Reference Unit; Additional writing by Jijo Jacob; Additional writing and editing by David Cutler and Lisa Jucca, London Editorial Reference Unit);