Last price update: 09 Jun 23 23:00 GMT
Credit Suisse Group AG, together with its subsidiaries, provides various financial services in Switzerland, Europe, the Middle East, Africa, the Americas, and Asia Pacific. The company offers wealth management solutions, including investment advice and discretionary asset management services; risk management solutions, such as managed investment products; and wealth planning, succession planning, and trust services. It also provides financing and lending solutions, including consumer credit and real estate mortgage lending, real asset lending relating to ship, and aviation financing for UHNWI; standard and structured hedging, and lombard lending solutions, as well as collateral trading services; and investment banking solutions, such as global securities sales, trading and execution, capital raising, and advisory services. In addition, the company offers banking solutions, such as payments, accounts, debit and credit cards, and product bundles; asset management products; equity and debt underwriting, and advisory services; cash equities, equity derivatives, and convertibles, as well as prime services; and fixed income products, such as credit, securitized, macro, emerging markets, financing, structured credit, and other products. Further, it provides HOLT, a framework for assessing the performance of approximately 20,000 companies; and equity and fixed income research services. The company serves private and institutional clients; ultra-high-net-worth individuals, high-net-worth individuals, and affluent and retail clients; corporate clients, small and medium-sized enterprises, external asset managers, financial institutions, and commodity traders; and pension funds, hedge funds, governments, foundations and endowments, corporations, entrepreneurs, private individuals, financial sponsors, and sovereign clients. As of December 31, 2021, it operated through a network of 311 offices and branches. The company was founded in 1856 and is based in Zurich, Switzerland.
Credit Suisse is currently trading at only 0.2x book value, the cheapest valuation in the European banking sector. Liquidity was a major issue in recent months and the most concerning risk for me, but this seems to have improved in recent weeks.
Banks are set to undertake the largest wave of job cuts in 15 years amid declining revenues. Industry watchers told the Financial Times (FT) the layoffs — expected to be in the tens of thousands — reverse a trend of widespread hiring and banks' reticence to let go of workers during the pandemic.
Credit Suisse Group AG (NYSE: CS) is executing well on the strategic overhaul that it announced in the final quarter of 2022, says Ulrich Koerner – Chief Executive of the Wall Street bank.
Over the five years between 2013 and 2018, earnings at Jacobs Solutions Inc. ( J , Financial) kept declining. From $3.23 at the end of fiscal 2013 (the company's fiscal year ended Sept.
Credit Suisse Group AG (NYSE:CS) is set to lay off 10% of its European investment bankers as things continue to go from bad to worse for the Swiss lender. Rumours of a takeover by fellow Swiss bank UBS were also quelled at the weekend as its chairman Colm Kelleher confirmed it had no interest in an acquisition.
Swiss lender Credit Suisse is looking to cut more than 10% of its staff of European investment bankers this year, the Financial Times reported on Saturday, citing people with knowledge of the moves.
New york, new york ( newsfile corp. february 2, 2023) pomerantz llp is investigating claims on behalf of investors of credit suisse group ag (" credit suisse" or the " company") ( nyse cs). such investors are advised to contact robert s. willoughby at newaction@ pomlaw. com or 888 476 6529, ext. 7980. the investigation concerns whether credit suisse and certain of its officers and or directors have engaged in securities fraud or other unlawful business practices.
Los angeles, california ( newsfile corp. october 12, 2022) the schall law firm, a NAT ional shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of credit suisse group ag (" credit suisse" or " the company") ( nyse cs) for violations of the securities laws. the investigation focuses on whether the company issued false and or misleading statements and or failed to disclose information pertinent to investors.
Los angeles, california ( newsfile corp. june 28, 2022) the schall law firm, a NAT ional shareholder rights litigation firm, reminds investors of a class action lawsuit against credit suisse group ag (" credit suisse" or " the company") ( nyse cs) for violations of §§10( b) and 20( a) of the securities exchange act of 1934 and rule 10 b 5 promulgated thereunder by the u. s. securities and exchange commission. investors who purchased the company' s securities between march 19, 2021 and march 25,...
New york, new york ( newsfile corp. june 28, 2022) bronstein, gewirtz & grossman, LLC notifies investors that a class action lawsuit has been filed against credit suisse group ag (" credit suisse" or the " company) ( nyse cs) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired credit suisse securities between march 19, 2021 and march 25, 2022, both dates inclusive ( the " class period"). such investors are encouraged to join this...
New york , june 27, 2022 prnewswire pomerantz llp announces that a class action lawsuit has been filed against credit suisse group ag (" credit suisse" or the " company") ( nyse cs) and certain of its officers. the class action, filed in the united states district court for the eastern district of new york, and docketed under 22 cv 02477, is on behalf of a class consisting of all persons and entities other than defendants that purchased or otherwise acquired credit suisse securities between march 19, 2021 and march 25, 2022, both dates inclusive ( the " class period"), seeking to recover damages caused by defendants' violations of the federal securities laws and to pursue remedies under sections 10( b) and 20( a) of the securities exchange act of 1934 ( the " exchange act") and rule 10 b 5 promulgated thereunder, against the company and certain of its top officials.
New york, new york ( newsfile corp. june 27, 2022) why rosen law firm, a global investor rights law firm, reminds purchasers of the securities of credit suisse group ag ( nyse cs) between march 19, 2021 and march 25, 2022, inclusive ( the " class period"), of the important june 28, 2022 lead plaintiff deadline. so what if you purchased credit suisse securities during the class period you may be entitled to compensation without payment of any out...
Los angeles, california ( newsfile corp. june 27, 2022) the schall law firm, a NAT ional shareholder rights litigation firm, reminds investors of a class action lawsuit against credit suisse group ag ( nyse cs) (" credit suisse" or " the company") for violations of §§10( b) and 20( a) of the securities exchange act of 1934 and rule 10 b 5 promulgated thereunder by the u. s. securities and exchange commission. investors who purchased the company' s securities between march 19, 2021 and march 25,...
New york, new york ( newsfile corp. june 25, 2022) pomerantz llp announces that a class action lawsuit has been filed against credit suisse group ag (" credit suisse" or the " company") ( nyse cs) and certain of its officers. the class action, filed in the united states district court for the eastern district of new york, and docketed under 22 cv 02477, is on behalf of a class consisting of all persons and entities other than...
