Credit Suisse

First Boston, was a New York-based bulge bracket investment bank, founded in 1932 and acquired by Credit Suisse in 1990. Together with its sister investment banks, it was referred to as CS First Boston after 1993 and part of Credit Suisse First Boston after 1996. The First Boston part of the name was phased out by 2006.

First Boston

Credit Suisse Group AG is a holding company, which engages in the provision of financial services. It operates through the following four divisions: Wealth Management, Investment Bank, Swiss Bank and Asset Management and four geographic regions: Switzerland, Europe, the Middle East and Africa (EMEA), Asia Pacific, and Americas. The Wealth Management division offers comprehensive wealth management and investment solutions, tailored financing, and advisory services to ultra-high-net-worth (UHNW) and high net-worth (HNW) individuals and external asset managers. The Investment Bank division offers a broad range of financial products and services focused on client-driven businesses and also supports Credit Suisse’s Wealth Management division and its clients. The Swiss Bank division offers comprehensive advice and a wide range of financial solutions to private, corporate, and institutional clients in Switzerland. The Asset Management division offers investment solutions and services globally to a broad range of clients, including pension funds, governments, foundations and endowments, corporations, and individuals. The company was founded by Alfred Escher on July 5, 1856 and is headquartered in Zurich, Switzerland.

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LOS ANGELES, CA / ACCESSWIRE / March 23, 2023 / The Schall Law Firm, a national 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 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between March 10, 2022 and March 15, 2023, inclusive (the ''Class Period''), are encouraged to contact the firm before May 8, 2023.

SHAREHOLDER ACTION REMINDER: The Schall Law Firm Encourages Investors in Credit Suisse Group AG with Losses of $100,000 to Contact the Firm

Credit Suisse bondholders are seeking legal advice after the Swiss regulator ordered 16 billion Swiss francs ($17.5 billion) of Additional Tier-1 (AT1) debt to be wiped out under its rescue takeover by UBS.

Explainer: Credit Suisse bondholders seek legal advice on AT1 wipe-out

That was Appaloosa fund manager David Tepper venting his frustration to the Financial Times on Thursday over the Swiss regulators' decision to going against the normal pecking order and write down Credit Suisse's CoCo bonds to zero over the weekend.

‘Contracts are made to be honored.' David Tepper lashes out against Credit Suisse bond writedown

UBS Group AG

Combining two institutions that have vastly different approaches to risk could be difficult.

UBS Faces Tough Choices as It Weighs Up Credit Suisse's Asian Business

The global banking turmoil since Silicon Valley Bank's SIVB, -60.41% sudden collapse continues, despite an effort by governments to calm depositors and provide liquidity to troubled banks.

Shotgun bank weddings like UBS and Credit Suisse are supposed to protect the financial system, but these rescues come with unseen risks

The last-minute rescue of Credit Suisse may have prevented the current banking crisis from exploding, but it's a raw deal for Switzerland.

Too big for Switzerland? Credit Suisse rescue creates bank twice the size of the economy

The bank's $17 billion in Additional Tier 1 bonds were written down to zero in the takeover by compatriot UBS.

Credit Suisse Bonds Wipeout: Regulator Defends Move. Other Holders Beware.

Swiss regulator FINMA on Thursday defended the decision for Credit Suisse AG.'s CS, -5.48% CSGN, -5.95% additional Tier 1 bonds (AT1), or contingent convertible bonds or CoCos, to be written down as part of the investment bank's merger with UBS AG UBS, -3.09% UBSG, -3.71%.

Swiss regulator says full writedown of Credit Suisse AT1 bonds due to ‘viability event'

“The AT1 instruments issued by Credit Suisse contractually provide that they will be completely written down in a ‘viability event,' in particular if extraordinary government support is granted,” FINMA said in a statement Thursday.

Swiss regulator says central bank loan to Credit Suisse justified AT1 bond writedown

Switzerland's financial market regulator FINMA on Thursday gave more information to explain the complete write-down of AT1 bonds issued by Credit Suisse after the bank's rescue.

Swiss regulator gives information about Credit Suisse bond write-down

Credit Suisse said on Thursday it has hired private banker Kwong Kin Mun as its new vice chairman for Southeast Asia wealth management.

Credit Suisse hires Southeast Asia wealth vice chairman

Crisis threatened an economic model and national identity built on safeguarding the world's wealth.

It Wasn't Just Credit Suisse. Switzerland Itself Needed Rescuing.

UBS Group AG will likely shrink Credit Suisse Group's $10 billion shipping portfolio that it inherited as a part of its emergency takeover on Sunday, the Wall Street Journal reported on Wednesday.

UBS likely to shrink Credit Suisse's $10 bln shipping portfolio - WSJ

LOS ANGELES, CA / ACCESSWIRE / March 22, 2023 / The Schall Law Firm , a national 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 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between March 10, 2022 and March 15, 2023, inclusive (the ''Class Period''), are encouraged to contact the firm before May 8, 2023.

INVESTOR ACTION REMINDER: The Schall Law Firm Encourages Investors in Credit Suisse Group AG with Losses of $100,000 to Contact the Firm

NEW YORK--(BUSINESS WIRE)--Labaton Sucharow, a nationally ranked and award-winning shareholder rights firm, announces a securities class action lawsuit has been filed 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 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. According to the Complaint, the Company made false and misleading statements to the market.

Award Winning Firm Labaton Sucharow Notifies Credit Suisse Group AG (NYSE: CS) Investors of the Filing of a Securities Class Action Lawsuit

Swiss authorities have limited bonus payments for Credit Suisse employees, penalizing bankers whose awards have already been hard hit by the bank's recent share price dive.   The Swiss government said in a statement on Tuesday that it is “temporarily suspending” already granted but deferred remuneration, like share awards, granted in the years up to 2022.

Credit Suisse bankers' bonuses frozen by Swiss government

The fall of Credit Suisse has dealt a serious blow to Switzerland's credentials as the world's leading wealth management centre, experts warn, calling into question its reputation for stability, regulation and corporate governance.

Analysis: Credit Suisse collapse threatens Switzerland's wealth management crown

UBS bought Credit Suisse for just over $3 billion. The acquisition does come with some good businesses.

Will UBS' Acquisition of Credit Suisse Pay Off for Shareholders?

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This recent banking crisis creates earnings issues for regional banks. Regional banks should also expect heightened regulation, which could hurt profits as well.

Most Regional Banks Will Survive, but They Face Headwinds

UBS is buying Credit Suisse for $3.25 billion, but the Swiss government and its central bank are providing up to $226 billion in support.

The Swiss government has put a stop to some Credit Suisse banker bonuses after public backlash over the state-engineered rescue plan

Despite a string of multiple bad calls and scandals over the last five years, Credit Suisse was among the top 30 banks to be considered ‘Global Systemically Important Banks'.

Why Credit Suisse's UBS Deal Seems Like an Extraordinary Bailout

Credit Suisse Additional Tier 1 (AT1) bondholders are considering taking legal action after their $17 billion worth of AT1 bond investments became worthless following the UBS merger.

Credit Suisse Bondholders Consider Legal Action After $17B Wipeout

One of the largest investors of the Credit Suisse bonds that were wiped out in the UBS takeover of the troubled Swiss bank still believes in the value of the debt class and the "bail-in" system designed to save banks seen as too big to fail.

Big investor in Credit Suisse bonds says 'bail-in' system worked

Gundlach said disgruntled Credit Suisse bondholders should 'look in the mirror.'

Hedge fund boss Jeff Gundlach shreds Credit Suisse creditors: ‘Put on your big boy pants'

UBS is set to enter talks with Michael Klein to terminate a deal that would have seen the Wall Street dealmaker take control of much of Credit Suisse's investment bank, the Financial Times reported on Tuesday.

News for Credit Suisse Stock (CS)