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Credit Suisse Group stock price
Credit Suisse Group latest news:
Credit Suisse posts third straight annual loss
Credit Suisse posted a smaller-than-expected 2017 loss of 983 million Swiss francs ($1.05 billion) as a 2.3 billion franc writedown triggered by U.S. tax reform kept the bank from its first year in the black since CEO Tidjane Thiam launched a turnaround plan in 2015. Ciara Lee reports
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BRIEF-Credit Suisse AG Announces That The Nasdaq Stock Market Intends To Suspend Trading Of The XIV ETNs
Credit Suisse Ag: * CREDIT SUISSE AG ANNOUNCES THAT THE NASDAQ STOCK MARKET INTENDS TO SUSPEND TRADING OF THE XIV ETNS FOLLOWING THE MARKET CLOSE ON FEBRUARY 15, 2018 AND INSTITUTE DELISTING PROCEEDINGS.
UPDATE 1-U.S. hiring probe casts shadow on Credit Suisse
FRANKFURT/HONG KONG, Feb 14 (Reuters) - A U.S. investigation
into whether Credit Suisse hired referrals from
government agencies in Asia in exchange for business poses
another reputational hurdle for CEO Tidjane Thiam as the Swiss
bank enters the final stretch of a three-year turnaround plan.
U.S. hiring probe casts shadow on Credit Suisse
A U.S. investigation into whether Credit Suisse hired referrals from government agencies in Asia in exchange for business poses another reputational hurdle for CEO Tidjane Thiam as the Swiss bank enters the final stretch of a three-year turnaround plan.
Credit Suisse has strong start to 2018 after third straight loss
* Credit Suisse posts 983 mln Sfr loss for 2017. * CEO says saw "strong start" to 2018. * Shares rise more than 3 pct on back of positive outlook. By Brenna Hughes Neghaiwi. Credit Suisse on Wednesday was upbeat on prospects for the year ahead, as it enters the last leg of Chief Executive Tidjane Thiam's three-year overhaul, hoping to put its third straight annual loss behind it.
U.S. regulators probe Credit Suisse hiring in Asia
U.S. authorities are investigating whether Credit Suisse hired referrals from government agencies and state entities in Asia in exchange for investment banking business and regulatory approvals, the Swiss bank said on Wednesday.
UPDATE 1-Credit Suisse kept $300 mln from brokers in closed U.S. unit -lawsuit
Feb 8 (Reuters) - A new lawsuit accuses Credit Suisse Group
AG of withholding up to $300 million of pay from
U.S.-based brokers who refused or were unable to move to Wells
Fargo & Co after their private banking unit was
shuttered in 2015.
Credit Suisse kept $300 million from brokers in closed U.S. unit: lawsuit
(Reuters) - A new lawsuit accuses Credit Suisse Group AG of withholding up to $300 million of pay from U.S.-based brokers who refused or were unable to move to Wells Fargo & Co after their private...
Swiss watchdog in touch with Credit Suisse over volatility ETN
Switzerland's Financial Market Supervisory Authority on Wednesday said it was in contact with Credit Suisse regarding a product linked to market volatility. Switzerland's second-biggest bank said on Tuesday it would terminate the second-largest publicly traded product betting on future swings in the S&P 500 after its value plunged during a global market rout.
Investors lose big on products that bet against volatility
Credit Suisse to wind down financial product tied to market volatility, after the note lost 91 percent of its value Monday
Credit Suisse to redeem volatility notes after market selloff
ZURICH/NEW YORK (Reuters) - Credit Suisse said on Tuesday it would terminate the second-largest publicly traded product tracking swings in the S&P 500 after its value plunged during the recent...
MOVES-Goldman, Credit Suisse, Stifel Financial
The following financial services industry appointments were announced on Friday. GOLDMAN SACHS GROUP INC (GS). Rajiv Shah has left BNP Paribas SA where he was head of debt capital markets for the Middle East, Turkey and Africa, in order to take up a role as senior originator for the Middle East and North Africa financing business at Goldman. CREDIT SUISSE GROUP AG.
MOVES-Lazard poaches Andrea Bozzi from Credit Suisse - sources
PARIS, Jan 10 (Reuters) - Lazard has hired Andrea Bozzi from
Credit Suisse, a source familiar with the matter said, in what
would be a third appointment of an M&A banker in three months by
the investment bank in Paris.
Bed Bath & Beyond shares tumble 12.3% after "weak" earnings announcement
Bed Bath & Beyond Inc. shares fell 12.3% in Thursday trading after the home goods retailer reported third-quarter earnings that Credit Suisse analysts call "weak." Earnings per share of 44 cents beat the 37-cents FactSet consensus, but were down from 85 cents last year. Earnings before interest and taxes (EBIT) was down 350 basis points, "the largest decline to date, validating our concerns on the rising cost of doing business in this sector." Credit Suisse rates Bed Bath & Beyond shares neutral with a $25 price target. KeyBanc Capital Markets also highlighted the "significant competitive headwinds" that will put pressure on the margins over the near-term. "Factors that have pressured results in recent years are likely to continue," analysts wrote. KeyBanc rates Bed Bath & Beyond shares underweight with a $17 price target. "[M]anagement highlighted that it is going to place more emphasis on its value proposition to consumers, including returning to price match guarantees, more responsive pricing at the brick & mortar stores, and adding more low-priced/treasure hunt items to emulate concepts that have succeeded in the current environment such as dollar stores," wrote BTIG analysts. They rate the company's shares neutral. Bed Bath & Beyond shares are down 52.7% for the past year while the S&P 500 index is up 18.8% for the period.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Credit Suisse Increases Stock Market Expectations for 2018
BRIEF-Dynegy Says Co And Credit Suisse Entered Into Amendment To Co's Existing Credit Agreement
Dynegy Inc(DYN): * DYNEGY INC SAYS ON DEC 20, CO AND CREDIT SUISSE AG ENTERED INTO AN AMENDMENT TO CO'S EXISTING CREDIT AGREEMENT, DATED APRIL 23, 2013 - SEC FILING.
2018 Outlook: Credit Suisse Sees Big Upside for 5 Top Picks in Exploration & Production
Credit Suisse Identifies 15 Companies as Top Tax Reform Winners
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