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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

RADNOR, Pa., April 26, 2021 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP reminds Credit Suisse Group AG (NYSE: CS) ("Credit Suisse") investors that a securities fraud class action lawsuit has been filed on behalf of those who purchased or acquired Credit Suisse American Depositary Receipts ("ADRs") between October 29, 2020 and March 31, 2021 , inclusive (the "Class Period").

Class Action Reminder: Kessler Topaz Meltzer & Check, LLP Reminds Investors of Securities Fraud Class Action Lawsuit Filed Against Credit Suisse Group AG

Credit Suisse investors who were exposed to funds invested in assets sourced by collapsed financial firm Greensill Capital may face an additional $190 million loss on their holdings, according to Bloomberg.  A discount of roughly 7% will be applied to notes on a book of around $2.8 billion loans held in the funds, which will add to losses stemming from troubled borrowers including Katerra, BlueStone Resources, and GFG Alliance, reported Bloomberg, citing a Credit Suisse statement.

Credit Suisse investors exposed to collapsed Greensill Capital fund are facing another $190 million of losses

Credit Suisse reported its first-quarter earnings results and updated the investors on Archegos. In spite of the CHF 252 million net loss in the first quarter, the bank reported exceptionally high sales.

Credit Suisse Results Are Not Inspiring But It Is Time To Buy The Dip

Radnor, Pennsylvania--(Newsfile Corp. - April 23, 2021) - The law firm of Kessler Topaz Meltzer & Check, LLP reminds investors that a securities fraud class action lawsuit has been filed against Credit Suisse Group AG (NYSE: CS) ("Credit Suisse") on behalf of those who purchased or acquired Credit Suisse American Depositary Receipts ("ADRs") between October 29, 2020 and March 31, 2021, inclusive (the "Class Period").Investor Deadline Reminder: Investors who purchased or acquired...

Investor Reminder: Kessler Topaz Meltzer & Check, LLP Reminds Investors of Securities Fraud Class Action Lawsuit Filed Against Credit Suisse Group AG - CS

Credit Suisse Group AG (CS) CEO Thomas Gottstein on Q1 2021 Results - Earnings Call Transcript

RADNOR, Pa.--(BUSINESS WIRE)---- $CS #classaction--Kessler Topaz Meltzer & Check, LLP Announces a Securities Fraud Class Action Lawsuit Filed Against Credit Suisse Group AG (CS)

Kessler Topaz Meltzer & Check, LLP Announces a Securities Fraud Class Action Lawsuit Filed Against Credit Suisse Group AG (CS)

While Credit Suisse Group AG posted a 31 percent year-over-year rise in net revenues for Q1 2021, the Swiss bank generated a loss for the period after absorbing a number of items that had a “considerable impact” on its reported results, according to management. “Our results for the first quarter of 2021 have been significantly impacted […]

Credit Suisse Posts $275 Million Loss After Taking Hit Over Hedge Fund

Credit Suisse Group AG (ETR: CSX) said on Thursday its net loss in the first quarter came in at £198.40 million, attributed to a roughly £3.41 billion hit from the recent Archegos scandal that more than offset robust performance at its investment banking and wealth management segments. Credit Suisse shares closed the regular session about […] The post Credit Suisse swings to loss in the first quarter due to Archegos scandal appeared first on Invezz.

Credit Suisse swings to loss in the first quarter due to Archegos scandal

There is just over a week before former Lloyds Banking Group PLC (LON:LLOY) chief executive, António Horta-Osório, takes the chair at strife-torn Credit Suisse (CS). Given the rate at which the company is clumsily walking into buzz-saws, that leaves plenty of time for additions to the already lengthy list of issues that the handsomely remunerated, which leaves plenty of time for the Swiss bank to add to the list of things Horta-Osório needs to sort out.

Former Lloyds Banking boss may have Mourinho-like decision to make at Credit Suisse

Expectations weren't high heading into Credit Suisse's first-quarter results, but the Swiss bank still managed to shock analysts that follow the banking giant.

Credit Suisse Says It's Going to Take Another Archegos Charge. Here's What Analysts Are Saying.

The stock is down 34% since early March, before the extent of the bank's Greensill exposure was revealed.

Credit Suisse Taps Investors for Cash After Archegos and Greensill Debacles

Swiss bank Credit Suisse said on Thursday it would sell convertible notes to its current shareholders in a bid to raise nearly $2 billion of fresh capital.

Credit Suisse taps shareholders for cash as regulator investigates Archegos losses

So how exactly do you explain what's now estimated to be 5 billion francs ($5.5 billion) in charges from letting a client build up a massively leveraged position that ultimately couldn't be repaid?

Credit Suisse executives grilled on Archegos losses. Here's what they said.

Phineas Glover of Credit Suisse says countries that have set targets to reach carbon neutrality now account for more than 60% of emissions.

Credit Suisse says this could be the beginning of a 'multi-decade' opportunity for clean energy

Credit Suisse has asked shareholders for help to get it out of the mess over hedge fund Archegos and the collapse of trade credit group Greensill. The Swiss bank posted a loss of CHF757mln (£592mln) in the quarter to end-March including losses of CHF4.4bn stemming from client Archegos, which had to liquidate US$20bn of assets last month overnight to stop it going bust.

Credit Suisse asks shareholders to fill gap after Archegos fiasco

Credit Suisse, Switzerland's second-biggest bank after UBS, reported first-quarter earnings on Thursday that showed the bank witnessed a slightly narrower net loss than analysts had expected. A net loss of 252 million francs ($275 million) beat the 815 million francs ($890 million) mean estimate conducted by the bank's own poll of analysts.

Credit Suisse posts Q1 loss of $275 million after Archegos blowup and says it expects more pain from the fund's implosion

The Swiss Financial Market Supervisory Authority (FINMA) said Thursday that it has "opened enforcement proceedings" against Credit Suisse , in connection with the bank's "significant losses" linked to U.S. hedge fund Archegos Capital Management. In a statement, FINMA said it will "investigate in particular possible shortcomings in risk management," appoint a third-party agent to investigate and continue to exchange information U.K. and U.S. authorities.

Swiss regulator opens enforcement proceedings against Credit Suisse over Archegos

Credit Suisse said it was raising capital on Thursday by issuing notes convertible into 203 million shares.

Credit Suisse says to raise capital through new placement

Credit Suisse on Thursday posted a slightly smaller-than-flagged 757 million Swiss franc first-quarter pre-tax loss, as a multi-billion dollar hit from the collapse of U.S. investment fund Archegos stymied a bumper trading quarter.

Credit Suisse posts 252 million Sfr first-quarter loss, as Archegos wipes trading gains

The Swiss lender warned of heavy losses earlier this month after a scandal involving U.S.-based hedge fund Archegos Capital.

Credit Suisse reports $275 million first-quarter loss after Archegos hedge fund scandal

Credit Suisse Group AG amassed more than $20 billion of exposure to investments related to Archegos Capital Management, but the bank struggled to monitor them before the fund was forced to liquidate many of its large positions, according to people familiar with the matter.

Credit Suisse's exposure to Archegos Investments grew to more than $20 billion

Credit Suisse Group had more than $20 billion of exposure to investments related to Archegos Capital Management and struggled to monitor them before the fund had to liquidate many large positions, the Wall Street Journal reported.

Credit Suisse had more than $20 billion exposure to Archegos investments - WSJ

The Wall Street Journal: Credit Suisse had surprise $20 billion exposure to Archegos investments

RADNOR, Pa., April 21, 2021 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP announces that a securities fraud class action lawsuit has been filed in the United States District Court for the Southern District of New York against Credit Suisse Group AG (NYSE: CS) ("Credit Suisse") on behalf of those who purchased or acquired Credit Suisse American Depositary Receipts ("ADRs") between October 29, 2020 and March 31, 2021 , inclusive (the "Class Period").

CS CLASS ACTION ALERT: Kessler Topaz Meltzer & Check, LLP Announces a Securities Fraud Class Action Lawsuit Filed Against Credit Suisse Group AG

Boston, Massachusetts--(Newsfile Corp. - April 20, 2021) - The Thornton Law Firm alerts investors that a class action lawsuit has been filed on behalf of investors of Credit Suisse Group AG (NYSE: CS). The case is currently in the lead plaintiff stage. Investors who purchased CS ADRs between October 29, 2020 and March 31, 2021 may contact the Thornton Law Firm's investor protection team by visiting www.tenlaw.com/cases/CreditSuisse to submit their information. Investors may also email...

News for Credit Suisse Stock (CS)