Net revenues also increased to CHF7bn ($7.53bn), compared to CHF6.3bn ($6.78bn) during the corresponding period last fiscal.
Commenting on the result, Credit Suisse CEO Brady Dougan said, "our business model is performing well and we continue to make progress in reducing our cost base and balance sheet."
"In the longer term, the transition to higher rates will benefit our business, both our global Private Banking & Wealth Management franchise and our client-focused, capital-efficient Investment Banking business."
For the second quarter ended on 30 June 2013, its private banking & wealth management net revenues stood at CHF3.42bn ($3.68bn), while its pre-tax income was CHF917m ($987m).
Investment banking net revenues were CHF3.4bn ($3.6bn), while pre-tax income stood at CHF754m ($811.5m) during the current quarter period.
The Swiss lender said that its plan to slash operational cost by CHF4.4bn ($4.7bn) by the end of 2015 is in the right direction and it has made 4% redundancies to 46,300, from 48,200 staff during the second quarter last year.
Operating in more than 50 countries Credit Suisse offers private banking, investment banking and asset management services to companies, institutional clients and high-net-worth private clients globally.
