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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Credit Suisse is set to announce Ulrich Korner as its new chief executive officer, replacing Thomas Gottstein, the Financial Times reported on Tuesday.

Credit Suisse to name Ulrich Korner as its next CEO - FT

The embattled chief executive could leave the bank as it announces its second-quarter earnings on Wednesday. Francesco De Ferrari, the bank's head of wealth, and Christian Meissner, who runs the investment bank, could succeed him.

Credit Suisse CEO Thomas Gottstein is set to depart after some costly mishaps. Insiders have long expected his departure, and some internal names have emerged as successors.

An official announcement could come Wednesday when the bank reports its quarterly results.

Credit Suisse CEO reportedly stepping down after scandals

The Zurich-based bank will soon announce the departure of Gottstein after a series of embarrassing mishaps and unprofitable quarters, according to the Journal.

Credit Suisse CEO to step down from embattled investment bank, WSJ says

Credit Suisse Group AG is set to announce the departure of Chief Executive Thomas Gottstein, according to people familiar with the bank, part of an effort to turnaround the Swiss bank's struggling fortunes.

Credit Suisse CEO Thomas Gottstein set to depart

(Reuters) -Credit Suisse Group AG is set to announce the departure of Chief Executive Thomas Gottstein, the Wall Street Journal reported on Tuesday, citing people familiar with the bank.

Credit Suisse CEO Thomas Gottstein set to depart - WSJ

Goldman Sachs

JPMorgan Chase & Co

Wall Street banking giants including Goldman Sachs, JPMorgan Chase and Morgan Stanley are snapping up Credit Suisse executives as the troubled Swiss bank faces paltry revenues and accusations of money laundering and ignoring Russian sanctions, according to a report.

Goldman Sachs, JPMorgan snag talent from struggling Swiss bank: report

Zurich-based Credit Suisse is reportedly considering new ways to slash its costs after a poor performance in the last quarter. An unnamed source told the Swiss newspaper SonntagsZeitung that the bank's numbers are “catastrophic” and that staff morale has been low, Reuters reported Sunday (July 24).

Credit Suisse Reportedly Weighing More Cost Cuts

Credit Suisse is considering how it could cut costs further after a dismal performance by the embattled bank in the past quarter, SonntagsZeitung reported, citing senior sources.

Credit Suisse eyes more cost cuts, SonntagsZeitung reports

BNP Paribas SA

Deutsche Bank

UBS Group AG

UniCredit SpA

Europe's banks, facing a potential economic storm and a rise in borrowing costs for the first time in more than a decade, are set to show their weak spots when they update investors on how their business has fared this year.

Analysis-Europe's banks brace for bumpy ride after cheap money decade

Credit Suisse has signed an alliance agreement with Corporacion Actinver to develop their wealth management businesses in Mexico, the Swiss bank said on Wednesday.

Credit Suisse signs Mexico alliance agreement with Actinver

Apple

Amazon

Chipotle

Etsy

Keurig Dr Pepper Inc

Coca-Cola

Morgan Stanley

PepsiCo

Plus a look at what's going on with Pepsi and Etsy.

Former FDIC Chair Sheila Bair Helps Students Get Smarter About Debt

Swiss bank Credit Suisse sees its future as an independent entity, Chairman Axel Lehmann told the Financial Times, amid speculation that the beleaguered group could be acquired or broken up.

Credit Suisse seeks to remain independent, chairman says - FT

Credit Suisse has postponed the initial public offering of its 1a Immo PK real estate fund, the bank said on Wednesday, citing current market turbulence.

Credit Suisse delays real estate fund's float due to market turbulence

Credit Suisse Group analysts have again cut their price target for the S&P 500 index, lowering their estimate for the U.S. stock-market benchmark by 600 points to 4,300.

Credit Suisse cuts S&P 500 target again for 2022 as U.S. stocks sink

Credit Suisse on Tuesday said it was naming Roger Suter its new head of private banking in Switzerland, succeeding current manager Serge Fehr.

Credit Suisse names new head of Swiss private banking

Credit Suisse Group has hired Rick Wolfgram as managing director for its tech investment banking group, a Bloomberg report said Wednesday (June 29). Wolfgram was recently a managing director for Truist Financial Corp., leading internet and digital media investment banking.

Credit Suisse Pilfers Ex-Truist Exec Rick Wolfgram for Tech Investment Role

Credit Suisse is scrapping the negative interest rates it has charged wealthy Swiss clients since 2020, the lender said on Wednesday, as its economists anticipate a further rate hike in Switzerland this year.

Credit Suisse scraps negative rates for Swiss private clients

Los Angeles, California--(Newsfile Corp. - June 28, 2022) - 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 19, 2021 and March 25,...

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

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...

Final Deadline: Bronstein, Gewirtz & Grossman, LLC Reminds Credit Suisse Group AG (CS) Investors of Class Action and Encourages Investors to Actively Participate

Credit Suisse Group AG (NYSE:CS) is to appeal a conviction from Switzerland's Federal Criminal Court for failing to stop money laundering by a Bulgarian cocaine trafficking ring that marked the first criminal offence by a major Swiss bank. Switzerland's second-biggest bank was fined 2mln Swiss francs (US$2.1mln), with the court ordering the bank to forfeit assets worth more than Sfr12mln that the drug gang held in accounts at Credit Suisse.

Credit Suisse to appeal cocaine cash laundering conviction

Banco Santander

Spain's Santander has hired Credit Suisse and Goldman Sachs to potentially consider a bid for the Citibanamex, Citigroup's retail bank in Mexico, a source familiar with the process said on Tuesday.

Spain's Santander hires Credit Suisse, Goldman to look at Citibanamex bid - source

Credit Suisse vows to forge ahead with its risk management overhaul, despite what its CEO called a "challenging" environment.

Credit Suisse vows to overhaul its risk management after a litany of scandals

Credit Suisse will inform investors about the delivery of its strategy in risk management, compliance, technology and operations and wealth management at its investor day on Tuesday, the chief executive said.

Credit Suisse to update investors on strategy in key areas - CEO

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 10b-5 promulgated thereunder, against the Company and certain of its top officials.

SHAREHOLDER ALERT FILING DEADLINE TODAY: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Credit Suisse Group AG of Class Action Lawsuit and Upcoming Deadline - CS

News for Credit Suisse Stock (CS)