Company
Credit Suisse Group AG
NYSE:CS
Credit Suisse Group AG (Credit Suisse) is a financial services company. It provides advisory services, solutions and products to companies, institutional clients and private clients globally, as well as to the retail clients in Switzerland. The Company operates in three business segments: Private Banking, Investment Banking and Asset Management.
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Fuller Treacy Comment of the Day - Inflation at 3% Flags End of Emergency, Turning Point for Fed, and more...
Comment of the Day12th July 2023Eoin TreacyJul 13Video commentary for July 12th 2023A link to today's video commentary is posted in the Subscriber's Area.Inflation at 3% Flags End of Emergency, Turning Point for FedThis article from Bloombe
Credit Suisse lawsuits ramp up as staff look to sue over bonuses
Credit Suisse staff are reportedly set to join thousands of people suing Swiss regulators over Credit Suisse's takeover
Credit Suisse court cases back up as anger over rescue builds
Credit Suisse finds itself at the centre of a wave of legal action, following UBS' rescue last month
Credit Suisse, Silicon Valley Bank shorts raised billions in March
Hedge funds raised US$7.2bn by shorting banking stocks in March, according to data firm Ortex
Credit Suisse bond wipeout has ‘profound’ regulatory implications, says Standard Chartered chief
US$17bn in Additional Tier 1 (AT1) bonds were slashed as part of UBS’s Credit Suisse takeover
Bank shares rally despite funding warning from JP Morgan
"Overall, we expect a higher cost of equity for the sector"
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Fuller Treacy Comment of the Day - Credit Suisse Needs Capital Raise or Breakup, Morningstar Says, and more...
Comment of the Day15th March 2023Eoin TreacyVideo commentary for March 15th 2023A link to today's video commentary is posted in the Subscriber's Area.Some of the topics discussed include: Credit Suisse accelerates lower, oil pares decline,
FIVE at FIVE: FTSE 100 trashed by Credit Suisse; Budget highlights; ChatGPT upgrade; Rolls-Royce nuke boost
Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news
Credit Suisse eyes more staff cuts as woes continue
Credit Suisse will lay off 10% of its European investment bankers, as woes continue for the bank
Credit Suisse jumps on reports of Saudi royal investment
Ex-Barclays chief executive Bob Diamond is also involved, according to the Wall Street Journal
Credit Suisse sees torment go on as it forecasts US$1.6bn Q4 loss
The group cited a ‘substantial’ industry-wide slowdown in capital markets for its woes
Credit Suisse to axe 9,000 and hive off investment bank
The Zurich-based lender is also raising US$4bn to shore up its finances
Credit Suisse launches auction to possibly offload US asset management arm amid reshape - Reuters
Initial interest from prospective buyers, likely to be a private equity firm, is due at the end of this week, Reuters reported
Credit Suisse pays US$495mln to settle US case
It is an issue which has followed the bank for nearly 15 years
Credit Suisse steadies ship with US$3bn loan buyback
Shares in the Swiss bank rose 3% to their highest for a fortnight
FIVE at FIVE: Royal Mail no longer, Credit Suisse solvency concerns, Watkin Jones profit warning and Legal & General meets collateral calls
Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news
Credit Suisse faces pressure to raise cash amid solvency concerns
The Swiss banking giant faces a race against time to raise funds to address funding and solvency concerns.
Credit Suisse shares sink to record-low amid more capital raise rumours and reassurance talks with top investors
Its shares were changing hands 7.2% lower on the Swiss exchange on Monday afternoon, with the bank losing almost 60% of its market value in the year to date
Credit Suisse slumps to all-time low on cash call rumour
Since 2015, the bank has raised more than US$12bn in new capital.
Credit Suisse to sell its offshore trust businesses as restructuring starts
New chief executive Ulrich Körner announced the disposals as part of the Swiss bank's restructuring
Credit Suisse weighs slashing 5,000 jobs - report
Ulrich Koerner was appointed by Credit Suisse as its new chief in July, tasked with scaling back investment banking and cutting costs by more than US$1bn
Credit Suisse to appeal cocaine cash laundering conviction
The ruling is seen as a test case for prosecutors to take a tougher line against the country's banks
Credit Suisse on FCA watchlist due to concerns over culture
Credit Suisse has a "lack of curiosity" over the causes of its run of losses and scandals
State Street denies interest in buying beleaguered Credit Suisse
Asset manager State Street, which first declined to comment on the merger, later clarified it is not seeking to acquire or merge with Credit Suisse and market rumours are unfounded
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Fuller Treacy Comment of the Day - Exxon Triples Share Buybacks to $30 Billion as Profits Soar and Bank of Russia Rejects Ruble-Gold Peg Idea, Differs With Kremlin
Comment of the DayBig Picture Long-Term video April 29th 2022A link to this week's Big Picture Long-Term video is posted in the Subscriber's Area. Point and Figure Charts for FANGMANTMy view - P&F charts don’t typically have time stamps, bu
Credit Suisse upgrades Barclays
The FTSE 100-listed company’s share price rose 3.2% to 162.8p on Tuesday
Credit Suisse reportedly faces US$500mln payout after losing Bermuda court battle
The bank may have to pay in excess of US$500mln after the latest controversy
Credit Suisse sanguine about exposure to Russia; executive bonuses slashed after another year of scandals
Shed a tear for Credit Suisse executive board members who had one full year of variable compensation cancelled, equivalent to more than SFr40mln.
Credit Suisse rejects wrongdoing after fallout from data leak
Bank said New York Times said the leak covered more than 18,000 accounts collectively holding more than $100bn.
Ex-Lloyds boss Horta-Osorio departs Credit Suisse after Covid breaches
"I regret that a number of my personal actions have led to difficulties for the bank"
Credit Suisse fined US$475mln over Mozambique ‘tuna loan’ scandal
The Swiss bank has also agreed to forgive US$200mln of Mozambican debt
Hardware & electrical equipment
Data mining company Palantir considering 2019 IPO valued at $41 billion, says WSJ
Palantir is reportedly in talks with investment banks Credit Suisse and Morgan Stanley about an IPO by the second half of 2019
Credit Suisse ‘off to a good start’ in final year of restructuring as 1Q profits leap 57%
The Swiss bank has been trying to move away from volatile trading activities towards the more stable world of wealth management
Credit Suisse pays US$135mln to settle New York investigation in to forex misconduct
Credit Suisse will include the charge in its fourth-quarter results
Credit Suisse branches raided in multiple countries in laundering probe
The Dutch serious fraud office, FIOD, searched houses of suspects and seized administrative records from the Swiss bank.
US stocks end lower after oil price fears are fuelled, the trade deficit widens
US stocks ended lower on Tuesday after a day dogged by poor performance from a major retail name, sharp words in the oil price war, and a yawning trade deficit with the world
US shares close firmer after uneventful pre-holiday trading
US shares ended firmer on Friday after the lead tickers toggled with relatively flat positions throughout the session
Trending: Brexit hurts European banks, Donald Trump but Facebook, Google offer a shield
Britain’s decision to quit the European Union in last week’s shock referendum verdict is not only shaking Donald Trump’s presidential election campaign and roiling US markets