Tag: Credit Suisse

March 20, 2023

Shares of Credit Suisse plunged 60.5% on Monday after banking giant UBS said it would buy its troubled Swiss rival for almost $3.25 billion in a deal orchestrated by regulators to try to stave off further turmoil in the global […]

October 3, 2022

Credit Suisse (CS) – Credit Suisse slid 6.1% in premarket trading after the bank sought to calm the fears of investors and clients about its financial health over the weekend in a series of phone calls. Tesla (TSLA) – Tesla […]

June 28, 2022

Credit Suisse may “temper” some of its key growth initiatives in wealth management as it focuses efforts on a risk turnaround and bolstering technology, executives said in their first update to investors since a new strategy was set out. A […]

March 29, 2021

Shares of Oscar Health (OSCR) – Get Report were lower in the first session since the online insurer’s quiet period expired, even as several analysts were positive in their initial coverage. The New York company’s shares have declined since its […]

March 29, 2021

Discovery Communications (DISCA), Viacom (VIAC) – Both stocks remain on watch this morning, after significant declines last week. A source with direct knowledge of the situation told CNBC the sell-off was due to forced liquidation of positions held by Archegos […]

July 31, 2019

Credit Suisse has bucked the global banking trend of decline in its second-quarter earnings report, announcing an 8% rise in global markets revenue and fixed income sales and trading up 11%. The Swiss bank’s headline figure was a 45% surge […]

July 31, 2018

European stocks wavered Tuesday, but headed higher for July, as the market absorbed a new round of corporate earnings reports, including well-received results from Swiss banking heavyweight Credit Suisse. Updates on inflation and economic growth figures from the eurozone were […]

March 28, 2017

Credit Suisse Group (CSGKF, +1.84%) will make a decision on its capital raising plans “as soon as possible,” its chief executive said on Tuesday, without giving specific details on the timing or the type of fund-raising. The bank upped its […]

October 13, 2015

The distribution of global wealth is getting more unequal every year, according to a huge study by Credit Suisse. The bank has compiled statistics to show that just 0.7% of the world’s adult population own almost half of the world’s […]

October 2, 2015

If it feels like you’re reliving the market jitters of the Great Recession and eurozone crisis, it’s probably because you are. During this week, global risk appetite dropped to “panic” levels for the first time since January 2012, according to […]