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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Investors on Tuesday took some heart from the rescue of troubled lender Credit Suisse by its Swiss rival UBS , though concerns lingered about the risk of shockwaves further damaging credit markets and smaller U.S. banks.

Fed, US banks in focus as mood improves on Credit Suisse rescue

Bond giant PIMCO lost about $340 million on a category of Credit Suisse bonds that were wiped out by the takeover by UBS , with the American investment manager's overall exposure to the Swiss lender running into billions, a source familiar with the situation said.

PIMCO lost $340 mln with Credit Suisse AT1 bonds write-off - source

Global shares rose on Tuesday, after the rescue of Credit Suisse arrested a rout in bank stocks, but signs of stress in the financial system are making investors wonder if another lender may deliver a nasty surprise, and how central banks might respond.

Shares rise after Credit Suisse deal, but bank 'whack-a-mole' not over

Days before a hastily convened press conference late on Sunday that would make the world's front pages, Switzerland's political elite were secretly preparing a move that would jolt the globe.

Switzerland's secretive Credit Suisse rescue rocks global finance

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming May 8, 2023 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Credit Suisse Group AG (“Credit Suisse” or the “Company”) (NYSE: CS) securities between December 1, 2022 and February 17, 2023, inclusive (the “Class Period”).

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Credit Suisse Group AG (CS)

UBS Group AG

Other branded merch up for sale included stamps, old letters, and sports bags.

Credit Suisse gold bars, vintage swag for sale after UBS merger deal

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith reminds investors of the upcoming May 8, 2023 deadline to file a lead plaintiff motion in the case filed on behalf of investors who purchased Credit Suisse Group AG (“Credit Suisse” or the “Company”) (NYSE: CS) securities between December 1, 2022 and February 17, 2023, inclusive (the “Class Period”). Investors suffering losses on their Credit Suisse investments are encouraged to contact the Law Offices of Howard G.

Deadline Reminder: Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Credit Suisse Group AG (CS)

Canada's banking regulator said on Monday that those who hold Additional Tier 1 (AT1) and Tier 2 debt will be entitled to a more favorable outcome if a bank runs into trouble.

Canada's banking regulator reaffirms creditor hierarchy after Credit Suisse deal angers bondholders

Bank of America

Bank of America's electronic stocks desk has trading with a desk at Credit Suisse that uses computer-led strategies, "out of an abundance of caution effective today," an email seen by Reuters on Monday said.

Bank of America halts trading with Credit Suisse electronic stocks desk -email

Saudi Crown Prince Mohammed bin Salman last year directed government-backed Saudi National Bank to make a $1.5 billion investment in Credit Suisse that his financial advisers harbored doubts about.

Saudi Investors Get Burned on Credit Suisse

BankUnited

First Citizens BancShares

PacWest Bancorp

SPDR Regional Banking ETF (KRE) advanced as much as 2.1% on Monday, after dropping 14% last week, following the news of a Swiss government-engineered takeover of troubled lender Credit Suisse by UBS. Leading the advance was PacWest Bancorp shares, which climbed 10% to $10.17, while shares of First Citizens BancShares Inc also jumped 10% to $559.30, and BankUnited (NYSE:BKU) Inc stock rose 7% to $22.74.

PacWest, First Citizens, BankUnited shares lead rebound of regional bank stocks as UBS buys Credit Suisse

Within hours of its state-backed takeover by UBS Group being announced, memorabilia bearing lender Credit Suisse's name and logo was being put up for sale in Switzerland, marking the end of an era.

Credit Suisse memorabilia up for grabs in online shops after merger

Risky debt issued by several European banks in response to the 2008 global financial crisis was under sharp pressure in New York trading on Monday after regulators orchestrated a sale of Credit Suisse to UBS, triggering a historic write-down of specialty bonds in the process.

European bank CoCos under pressure after Credit Suisse sale to UBS triggers historic loss on specialty bonds

When Ralph Hamers emerged from days of emergency talks that ended with his Swiss banking giant rescuing its arch-rival Credit Suisse on Sunday, the bleary-eyed UBS CEO called it a "sad day" that no one had wanted.

Ralph Hamers, the Dutchman thrust in the driver's seat at Swiss bank UBS

A weekend of frantic dealmaking changed everything for UBS.

What's Next for UBS After Its Whirlwind Rescue of Credit Suisse

S&P Global Ratings revised its outlook on UBS UBS, +4.30% to negative on Monday, and said it expects the integration of large parts of Credit Suisse's CS, -52.39% investment banking activities to carry material execution risk. The rating agency affirmed UBS' A- issuer credit rating.

S&P revises outlook on UBS to negative after it agrees to take over rival Credit Suisse

The impact of the Credit Suisse crisis on the Italian banking system is "insignificant", Economy Minister Giancarlo Giorgetti said on Monday.

Credit Suisse impact on Italian banking system "insignificant" - minister

LOS ANGELES, CA / ACCESSWIRE / March 20, 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 ALERT: The Schall Law Firm Encourages Investors in Credit Suisse Group AG with Losses of $100,000 to Contact the Firm

iShares MSCI Emerging Markets ETF

First Republic

SPDR Gold Trust

SPDR S&P Regional Banking ETF

Invesco DB US Dollar Index Bullish Fund

Vanguard Consumer Discretionary ETF

All eyes are currently on the crucial two-day FOMC meeting to see whether the hawkish central bank will go for a 50-bps hike or a smaller one or a halt following the latest crunch in the financial sector.

Rate Hike or Not: ETFs in Focus Ahead of FOMC Meet

The write-off of Credit Suisse's AT1 bonds shows how the usual rules can be thrown out the window in a crisis.

Credit Suisse Sets a Frightening Precedent for $250 Billion in Bonds

Global banking system is under pressure amid row over who should lose out first when a bank struggles

What are AT1 bank bonds – and why are Credit Suisse's wiped out?

On a Monday call, the overarching view from executives was that "this is very rushed," and "nobody has a clue what happens next," an insider said.

'Nobody has a clue what happens next': Industry insiders react to Credit Suisse's rescue takeover by UBS

Dell Technologies

Glencore PLC

Glencore, and computer maker Dell were among the topics under the broker spotlight for Monday – albeit most of the City's attention was on the European banking crisis.

Glencore, Dell and Credit Suisse crisis in Monday's broker spotlight

A white-shoe law firm is working with Credit Suisse bondholders to pursue “possible legal actions” after the value of convertible bonds issued by the bank was written down to zero following the takeover of the Zurich-based lender by crosstown rival UBS Group.

Law firm in talks with Credit Suisse bondholders about potential lawsuit after $17 billion wipeout

Anger is growing at the terms of the rescue of Credit Suisse with other regulators criticising the US$17bn wipeout of AT1 bondholders in favour of shareholders. Switzerland's national bank announced last night that UBS would merge with beleaguered Credit Suisse in a deal that will see equity owners receive US$3.2bn, but holders of the AT1 or Coco Bonds lose all their money.

News for Credit Suisse Stock (CS)