The Credit Suisse Group reported $746 million net profit in its fourth quarter, on Thursday. The bank witnessed the asset inflows of 12.5 billion francs.

Analysts at Zuercher Kantonalbank noted that Credit Suisse released set-asides, worth 40 million francs during the quarter, rather than increasing its reserves by 250 million francs as predicted.

Property owners at four luxury skis and golf resorts in Idaho, Montana, Nevada and the Bahamas have filed a $24 billion federal lawsuit against Credit Suisse group AG, blaming the Swiss bank of granting predatory loans to the resorts' investors as per the scheme to take over the properties.

Swiss bank Credit Suisse Group informed Thursday that it pocketed net profit of 2.35 billion Swiss francs (equivalent to $2.38 billion) in the third quarter ended September 30 against a loss of
1.26 billion francs last year.

With a monstrous fourth-quarter loss of 6 billion francs, the recession-plagued Swiss bank Credit Suisse posted an 8.2 billion full-year loss on Wednesday, with collective writedowns of 3.2 billion francs on risky assets.