Credit Suisse Group AG on Tuesday published its annual report for last year, and confirmed previous years’ financial results, after a delay amid discussions requested by the U.S. Securities and Exchan...
Tag: Credit Suisse Group AG
European stocks slip in early trade after U.S. bank bailout package
European stocks declined in early action on Monday, while U.S. stock futures were pointing higher after a turbulent weekend which saw another major bank collapse and a new rescue package get announced...
Stocks making the biggest moves midday: GE, SI, PTN, ETSY
jetcityimage | iStock Editorial | Getty Images Check out the companies making the biggest moves midday: General Electric — The stock gained 6.3% after the company provided an update ahead of its inves...
Silvergate, Etsy, SVB Financial, Uber and more
Pavlo Gonchar | Lightrocket | Getty Images Check out the companies making headlines before the opening bell: Etsy — Shares fell more than 6% in premarket after Jefferies double-downgraded the online ...
Credit Suisse to delay its 2022 annual report after a ‘late call’ from the SEC
Workers pass a Credit Suisse Group AG bank branch in Geneva, Switzerland, on Thursday, Sept. 1, 2022. Jose Cendon | Bloomberg | Getty Images Credit Suisse on Thursday announced that it will delay the ...
Snap, Apple, Boeing and more
Check out the companies making headlines in midday trading. An Apple store on Nanjing Road Pedestrian Street in Shanghai, China, on December 16, 2022. CFOTO | Future Publishing | Getty Images Snap — T...
Credit Suisse ‘seriously breached’ obligations in Greensill case
The logo of Credit Suisse Group in Davos, Switzerland, on Monday, Jan. 16, 2023. Bloomberg | Bloomberg | Getty Images Credit Suisse “seriously breached its supervisory obligations” in the ...
Goldman Sachs CEO David Solomon on soft landing odds for U.S. economy
David Solomon, Chairman & CEO of Goldman Sachs, speaking on Squawk Box at the WEF in Davos, Switzerland on Jan. 23rd, 2023. Adam Galica | CNBC Goldman Sachs CEO David Solomon said Tuesday that th...
Tapestry, Credit Suisse, Disney and more
CNBC: Coach Store Harry Reid International Airport A Coach store inside Harry Reid International Airport. Check out the companies making the biggest moves in premarket trading: Tapestry — The company...
Credit Suisse posts massive annual loss as ‘radical’ restructure gets underway
The logo of Swiss bank Credit Suisse is seen at its headquarters in Zurich, Switzerland March 24, 2021. Arnd Wiegmann | Reuters Credit Suisse’s restructuring plans include the sale of part of th...
up to 3,200 employees laid off this week
People enter the Goldman Sachs headquarters building in New York, U.S., on Monday, June 14, 2021. Michael Nagle | Bloomberg | Getty Images Goldman Sachs is laying off fewer employees than feared, but ...
35% of millionaires say they won’t have enough to retire, report finds
A cool $1 million is not what it used to be. There are more millionaires in the U.S. and globally than ever before, with nearly 24.5 million millionaires nationwide as of 2022, according to the latest...
Citigroup, Manchester United, Nordstrom, Tesla and more
Check out the companies making headlines in midday trading Wednesday: Citigroup — The stock dropped 2.3% after Citigroup was told it must address weaknesses in its management of financial data by U.S....
Deere, HP, Nordstrom and others
Check out the companies making headlines before the bell: Deere (DE) – The heavy equipment maker reported better-than-expected profit and revenue for its latest quarter and issued an upbeat outlook. D...
Credit Suisse shareholders greenlight $4.2 billion capital raise
The logo of Swiss bank Credit Suisse is seen at its headquarters in Zurich, Switzerland March 24, 2021. Arnd Wiegmann | Reuters Credit Suisse shareholders on Wednesday approved a 4 billion Swiss franc...
Credit Suisse projects $1.6 billion fourth-quarter loss
Switzerland’s second largest bank Credit Suisse is seen here next to a Swiss flag in downtown Geneva. Fabrice Coffrini | AFP | Getty Images Credit Suisse on Wednesday projected a 1.5 billion Swi...
Credit Suisse sells most of its securitized products business to Apollo as it speeds up restructure
Credit Suisse on Tuesday announced that it would accelerate the restructure of its investment bank by selling a significant portion of its securitized products group (SPG) to Apollo Global Management....
Credit Suisse shares are a ‘steal,’ say new Saudi backers SNB
The chairman of one of Credit Suisse’s newest and biggest shareholders called on the beleaguered bank to deliver a swift overhaul and return to a “very stable, conservative Swiss banking p...
Q3 2022 earnings and overhaul
Switzerland’s second largest bank Credit Suisse is seen here next to a Swiss flag in downtown Geneva. Fabrice Coffrini | AFP | Getty Images Credit Suisse on Thursday posted a quarterly loss that...
Roblox, Continental Resources, Fox Corp and more
Rafael Henrique | SOPA Images | LightRocket | Getty Images Check out the companies making the biggest moves midday: Roblox — Roblox shares shot up 21% after the online gaming company reported metrics ...
AMD, Levi Strauss, DraftKings and more
Here are the companies that are making headlines before the bell: Advanced Micro Devices (AMD) – AMD slid 5.3% in the premarket after cutting its sales forecast. The chipmaker said it is being hit by ...
Twitter, Poshmark, Rivian and more
Poshmark Inc. signage outside the Nasdaq MarketSite during the company’s initial public offering (IPO) in New York, U.S., on Thursday, Jan. 14, 2021. Michael Nagle | Bloomberg | Getty Images Che...
Rivian, Credit Suisse, Poshmark and more
Check out the companies making headlines in premarket trading Tuesday. Rivian — Rivian’s stock rallied 9.3% after the electric vehicle maker announced that third-quarter production rose 67% from...
Credit Suisse to remain ‘under pressure’ but analysts wary of Lehman comparison
A Swiss flag flies over a sign of Credit Suisse in Bern, Switzerland FABRICE COFFRINI | AFP | Getty Images Credit Suisse shares briefly sank to an all-time low on Monday while credit default swaps hit...
Credit Suisse to delay publication of 2022 annual report on SEC comments
Credit Suisse Group AG said Thursday that it will delay the publication of its 2022 report after a late call from U.S. market regulators over 2019 and 2020 cash-flow statements, adding a further heada...