Credit Suisse First Boston, the investment banking arm of the Credit Suisse group, has said it will report net income for the first quarter of 2004 which has more than trebled to Sfr750m (€485m) from Sfr208m in the same period last year. It publishes results on Wednesday.

Credit Suisse said in a statement issued to coincide with its annual general meeting on Friday that the results at its CSFB unit are expected to be driven by "strong revenue growth, improved market trading opportunities and cost discipline".