CS - Credit Suisse Group AG
| Previous Close | 15.19 |
| Open | 15.13 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's Range | 15.12 - 15.28 |
| 52 Week Range | 14.37 - 19.98 |
| Volume | 1,754,043 |
| Avg. Volume | 2,246,895 |
| Market Cap | 39.321B |
| Beta | 1.47 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.36 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.26 (1.73%) |
| Ex-Dividend Date | 2018-05-04 |
| 1y Target Est | 21.10 |
- Reuters•12 hours ago
HSBC, Credit Suisse to advise on Kuwait's KFH, Bahrain's AUB talks
HSBC and Credit Suisse have been selected to advise on a possible merger between Ahli United Bank (AUB) and Kuwait Finance House (KFH), AUB said on Sunday. A merger between Bahrain's largest bank and Kuwait's biggest Islamic lender would be the first cross-border tie-up between Gulf banks in recent years at a time when several other banks are consolidating. HSBC and Credit Suisse were selected to complete studies to assist AUB and KFH in arriving at a fair share exchange ratio, the statement said, without specifying which investment bank was advising which lender.
- Bloomberg•3 days ago
UBS Investors Demand Sense of Urgency With Rivals Closing In
In the high-stakes drama of soured loans and failed investment banking ambitions that is European finance, Sergio Ermotti has a problem others would love to have: His UBS Group AG is starting to look a little dull. Seven years after a sweeping revamp of the bank, whose tilt toward wealth management became a blueprint for rivals, the chief executive officer is overseeing one of the most stable lenders in Europe.
- TheStreet.com•3 days ago
Fintech Stocks Want to Put Money in Your Pocket: Chart
Missed the chance to get into fintech stocks? Now may be a good time to kick the tires based on their more compelling valuations.
- InvestorPlace•5 days ago
The Recent IPO Market — 5 Deals to Watch
The IPO market may not be at the go-go levels of the late 1990s, but the environment is still fairly bullish. Bloom Energy, which was founded in 2002, is a high-profile Silicon Valley clean energy operator. The company has built a stationary power generation platform — that relies on natural gas or biogas — for the commercial and industrial (C&I) segments.
Yahoo Finance•5 days agoStocks up, analysts assess outcome of Trump-Putin summit
Yahoo Finance's LIVE market coverage and analysis of stocks and bonds begins each day at 11:45 a.m. ET.
- Reuters•6 days ago
MOVES-Credit Suisse hires Citi's Salas to run fintech banking -memo
Credit Suisse has hired Citigroup's Mathieu Salas to head its coverage of financial technology clients, according to an internal memo, the contents of which were confirmed by a spokeswoman for the European bank. The hiring of Salas, who will re-join Credit Suisse later in 2018 after starting his career at the bank, is aimed at strengthening and expanding the firm's coverage of the financial technology space, according to the memo. Salas was previously global head of financial technology at Citi, where he worked on a number of high-profile transactions, including Blackstone Group's $20 billion acquisition of a majority stake in Thomson Reuters' Financial and Risk unit, which is expected to close later this year, and CME Group's pending $5.5 billion purchase of NEX Group Plc .
Reuters•11 days agoCredit Suisse nears $360 million deadline in fraud suit built on a hunch
When the high-end property development Lake Las Vegas collapsed during the 2008 financial crisis, 31 funds that helped finance the project lost a total of $540 million. Highland ultimately convinced a Texas court that Credit Suisse had breached its contract and aided and abetted fraud in the deal, and the decision was upheld on appeal. Now, Credit Suisse faces a July 18 court deadline to pay Highland $360 million or appeal to the Texas Supreme Court.
- PR Newswire•11 days ago
Commodities Fell on Rising Production and Global Trade Tensions
NEW YORK, July 11, 2018 /PRNewswire/ -- Commodities fell in June as the production of agricultural commodities increased, while rising trade tensions among major economies threatened demand. The Bloomberg Commodity Index Total Return performance was lower for the month, with 16 out of 22 Index constituents posting losses. Agriculture declined 10.48%, led lower by Soybeans, as the ongoing trade conflict between the US and China continued to hurt the competitiveness of US products.
- Bloomberg•11 days ago
Credit Suisse Ousts Banker for Unruly Workplace Behavior
Credit Suisse let go of senior banker Paul Dexter on Tuesday, following complaints of inappropriate behavior involving an intern. Bloomberg's Jason Kelly reports on "Bloomberg Daybreak: Americas." ...
- Reuters•12 days ago
Credit Suisse nears $360 million deadline in fraud suit built on a hunch
When the high-end property development Lake Las Vegas collapsed during the 2008 financial crisis, 31 funds that helped finance the project lost a total of $540 million (407.76 million pounds). Highland ultimately convinced a Texas court that Credit Suisse had breached its contract and aided and abetted fraud in the deal, and the decision was upheld on appeal. Now, Credit Suisse faces a July 18 court deadline to pay Highland $360 million or appeal to the Texas Supreme Court.
- Bloomberg•12 days ago
A Banker, an Intern and a Reckoning for Wall Street Bro Culture
This story might surprise old-school Wall Streeters. On Tuesday, after weeks of rumbling inside Credit Suisse, Paul Dexter, a senior banker, was let go over a complaint of inappropriate behavior involving an intern. Rather, unruly workplace behavior -- which, not long ago, might have been grudgingly tolerated by management at many firms -- had finally caught up with Dexter.
- PR Newswire•12 days ago
Credit Suisse Announces Coupon Payments and Expected Coupon Payments on Credit Suisse X-Links® Exchange Traded Notes (the "ETNs")
NEW YORK , July 10, 2018 /PRNewswire/ -- On July 2, 2018 , Credit Suisse declared coupon payments for the following ETNs: ETN Ticker ETN Name Closing Indicative Value on 6/29/18 Ex- Date Record Date ...
- PR Newswire•12 days ago
Credit Suisse Announces Coupon Amount on its Credit Suisse S&P MLP Index ETN (ticker symbol "MLPO").
NEW YORK , July 10, 2018 /PRNewswire/ -- On July 2, 2018 , Credit Suisse declared a Coupon Amount for the Credit Suisse S&P MLP Index ETN (the "ETN"). ETN Ticker ETN Name Ex- Date Record Date ...
- Bloomberg•16 days ago
Credit Suisse Analyst Really Brought in Clients
Imagine you are a 22-year-old hired at a big investment bank as a first-year analyst, straight out of college. The SEC’s and prosecutors’ theory in these relative-hiring cases—we have talked about others before—is that these job offers were a form of bribery that the bank gave to the officials and executives in order to win business.
- Zacks•16 days ago
Credit Suisse (CS) to Pay $77M Fine for China Hiring Scandal
Credit Suisse (CS) has been charged with $77-million fine over accusations of hiring relatives of Chinese officials to get business.
Reuters•17 days agoExclusive - Credit Suisse creates new anti-sexual harassment role
Credit Suisse (CSGN.S) has carved out a new role to lead its handling of sexual harassment claims and examine group-wide policies, as Switzerland's second-biggest bank seeks to boost equal opportunities and create a fair treatment environment. The appointment of Antoinette Poschung to the new role of Conduct and Ethics Ombudswoman comes after Chief Executive Tidjane Thiam tasked the bank's conduct and ethics board to review the bank's handling of sexual harassment complaints. In particular, Thiam in March vowed a "thorough review" of the bank's handling of a former employee's sexual harassment case, related to a 2010 incident the woman said had been mishandled under previous management.
Reuters•17 days agoExclusive: Credit Suisse creates new anti-sexual harassment role
Credit Suisse has carved out a new role to lead its handling of sexual harassment claims and examine group-wide policies, as Switzerland's second-biggest bank seeks to boost equal opportunities and create a fair treatment environment. The appointment of Antoinette Poschung to the new role of Conduct and Ethics Ombudswoman comes after Chief Executive Tidjane Thiam tasked the bank's conduct and ethics board to review the bank's handling of sexual harassment complaints. In particular, Thiam in March vowed a "thorough review" of the bank's handling of a former employee's sexual harassment case, related to a 2010 incident the woman said had been mishandled under previous management.
- The Wall Street Journal•17 days ago
Credit Suisse Fined $77 Million Over ‘Relationship Hires’ in Asia
ZURICH—Credit Suisse Group AG has become the latest big bank to be ensnared by U.S. authorities over the practice of hiring friends and family of Chinese officials, known as “princelings,” to win business. The Switzerland-based bank agreed to pay $77 million to settle charges from the Justice Department and Securities and Exchange Commission over the use of “relationship hires” between 2007 and 2013 that helped its Hong Kong subsidiary secure business, in violation of the Foreign Corrupt Practices Act. The Hong Kong unit “engaged in a corrupt scheme to win business with Chinese state-owned entities by hiring friends and family of Chinese government officials, generating the bank at least $46 million in profits,” Acting Assistant Attorney General John Cronan said in a statement Thursday.
Reuters•17 days agoCredit Suisse pays U.S. $77 million to settle Asia hiring corruption probes
The U.S. Department of Justice on Thursday said Credit Suisse's Hong Kong unit will pay a $47.03 million criminal fine and enter a non-prosecution agreement, in which the Swiss bank admitted and accepted responsibility for wrongdoing. Credit Suisse will also pay $29.82 million to settle related U.S. Securities and Exchange Commission civil claims. JPMorgan Chase & Co (JPM.N) agreed to pay about $264 million in Nov. 2016 to settle similar probes into its hiring practices.
- Reuters•17 days ago
Credit Suisse pays $77 million to settle U.S. probes into China hiring
The Swiss bank agreed to a $47.03 million criminal fine and to enter a non-prosecution agreement under a settlement with the U.S. Department of Justice announced on Thursday. Credit Suisse will also pay $29.82 million to settle related claims by the U.S. Securities and Exchange Commission. U.S. authorities accused Credit Suisse of violating the Foreign Corrupt Practices Act, an anti-bribery law, by hiring and promoting people linked to government officials between 2007 and 2013 in an effort to win business.
- MarketWatch•17 days ago
Credit Suisse fined $77 million over 'relationship hires' in Hong Kong
Credit Suisse (cs) was fined $47 million by the Department of Justice and another $30 million by the Securities and Exchange Commission for corruptly winning banking business by awarding employment to friends and family of Chinese officials at its Hong Kong office. "These 'relationship hires' often lacked necessary technical skills, and offered fewer qualifications and significantly less relevant banking experience than other candidates for the jobs," said Acting Assistant Attorney General John Cronan in a statement. The bank admitted that, between 2007 and 2013, several senior Credit Suisse Hong Kong managers in the Asia Pacific region engaged in a practice to hire, promote and retain candidates referred by or related to government officials and executives of clients that were state-owned entities.
- Bloomberg•17 days ago
Credit Suisse to Pay $77 Million to Settle Princeling Probes
Credit Suisse Group AG agreed to pay $77 million to settle U.S. bribery probes claiming the lender’s Hong Kong unit attempted to win banking business by offering jobs to friends and family of Chinese officials. The bank over seven years tried to hire more than 100 employees at the request of government officials in the Asia-Pacific region, resulting in millions of dollars of revenue, according to a Securities and Exchange Commission order released Thursday. In “at least three instances,” Credit Suisse managers tracked the success of these “relationship hires” with a spreadsheet that linked them to specific business deals for the firm, the SEC said.
- Bloomberg•23 days ago
Credit Suisse Cuts Senior Banker Jobs in Hedge Fund Unit
Credit Suisse Group AG has again been cutting jobs at the business that caters to hedge funds, pruning another seven positions from its New York desk this week, according to a person familiar with the matter. Tony Bertoldo and Justin Carey are among the senior bankers who are said to be affected by the decision, the person said, asking not to be identified discussing private information. Others affected include Philippe Hatstadt and Ralane Bonn, the person said.
- Yahoo Finance Video•5 days ago
Yahoo Finance Live: Midday Movers - Jul 17th, 2018
Yahoo Finance's LIVE stock market coverage and analysis.
