CS - Credit Suisse Group AG
| Previous Close | 12.42 |
| Open | 12.33 |
| Bid | 0.00 x 21500 |
| Ask | 0.00 x 27000 |
| Day's Range | 12.26 - 12.42 |
| 52 Week Range | 12.22 - 19.98 |
| Volume | 2,394,855 |
| Avg. Volume | 2,875,824 |
| Market Cap | 31.801B |
| Beta (3Y Monthly) | 1.63 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.21 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.26 (2.02%) |
| Ex-Dividend Date | 2018-05-04 |
| 1y Target Est | 18.94 |
- PR Newswire•19 hours ago
Credit Suisse AG Announces the Reverse Split of its DGAZ ETNs
NEW YORK , Nov. 16, 2018 /PRNewswire/ -- Credit Suisse AG announced today that it will implement a 1-for-20 reverse split of its VelocityShares™ 3x Inverse Natural Gas ETNs ("DGAZ"), expected ...
- Thomson Reuters StreetEvents•19 hours ago
Edited Transcript of CSGN.VX earnings conference call or presentation 1-Nov-18 9:15am GMT
Q3 2018 Credit Suisse Group AG Earnings Press Conference
Bloomberg•yesterdayChina's Kindergarten Crackdown Is the Latest Disaster for Stocks
Now education firms are in the Chinese government’s crosshairs, roiling stocks and reminding investors how quickly their fortunes can change in a country rife with regulatory risk. RYB Education Inc. and Bright Scholar Education Holdings Ltd. both plunged by records in U.S. trading, while Vtron Group Co. and China Maple Leaf Educational Systems Ltd. sank in Shenzhen and Hong Kong after the government unveiled new rules that prohibit companies from financing for-profit kindergartens via the equity market. The losses echoed declines in Chinese peer-to-peer lenders, gamemakers and pharmaceutical companies after regulators increased scrutiny of the industries this year.
Market Realist•2 days ago76% of Analysts Have Recommended ‘Holds’ on Illinois Tool Works
There has been a considerable increase among analysts tracking Illinois Tool Works (ITW) in the past six months. Right now, 21 analysts are actively tracking the stock. Among them, 19% have given the stock “buys,” 76% have given it “holds,” and 5% have given it “sells.”
Reuters•2 days agoSwiss watchdog investigates banks over alleged payments system boycott
Switzerland's competition watchdog has raided the offices of financial companies, including Credit Suisse (CSGN.S) and UBS (UBSG.S), to investigate a suspected boycott of mobile payment solutions such as Apple Pay (AAPL.O) and Samsung Pay . The competition authority said it was investigating whether the banks, including state-owned PostFinance, colluded with local payments providers not to use the mobile payment systems of the big tech companies. "There is the suspicion that the companies agreed not to make their credit cards available for use with Apple Pay and Samsung Pay, in order to favor the Swiss solution TWINT," Competition Commission WEKO said in a statement on Thursday.
- CNBC•2 days ago
Swiss competition watchdog investigates UBS, Credit Suisse for mobile pay agreements
Switzerland has launched an investigation into a number of its financial companies, including big banks like Credit Suisse and UBS UBSG-CH . WEKO, the country's competition watchdog, said Thursday that it will investigate some of the biggest financial firms for a suspected boycott of mobile payment solutions such as Apple AAPL Pay and Samsung 2826-KR . The list of firms to be investigated includes Aduno Holding, Postfinance, Swisscard and Swiss units of Credit Suisse and UBS, WEKO said.
- PR Newswire•3 days ago
Commodities Decreased on Lower Demand Expectations for Metals and Increased Supply Prospects for Crude Oil
NEW YORK, Nov. 14, 2018 /PRNewswire/ -- Commodities decreased as demand expectations for industrial metals fell amid softening global growth prospects and as supply expectations for crude oil grew. The Bloomberg Commodity Index Total Return was lower for the month, with 15 out of 22 constituents posting losses. Industrial Metals declined 5.52% as the ongoing trade war between the US and China reduced industrial demand expectations as well as overall global growth expectations.
Market Realist•3 days agoGE Up 8% on Announcement of Partial Baker Hughes Stake Sale
General Electric stock (GE) gained ~8% yesterday after newly appointed CEO Larry Culp revealed his first major step to strengthen the company’s liquidity. The US industrial conglomerate (XLE) announced it had entered a series of agreements with Baker Hughes (BHGE) including a stake sale in Baker Hughes that would raise almost $4 billion for GE. According to the agreement, GE will maintain over a 50% interest in Baker Hughes after the stake sale.
Reuters•4 days agoCredit Suisse investigated by Geneva prosecutors in Turkish case
Geneva prosecutors said on Tuesday they are looking at whether Credit Suisse (CSGN.S) exercised adequate oversight of money deposited in its accounts that belonged to Turkish investors who suffered losses. Two independent asset managers who used Credit Suisse accounts to deposit money from wealthy Turkish clients are suspected of covering up losses linked to the Turkish lira's collapse in 2013. Prosecutors recently began investigating whether Credit Suisse should have done more to halt transactions that led to losses, the Tages-Anzeiger newspaper reported.
- Reuters•4 days ago
Credit Suisse investigated by Geneva prosecutors in Turkish case
Geneva prosecutors said on Tuesday they are looking at whether Credit Suisse (CSGN.S) exercised adequate oversight of money deposited in its accounts that belonged to Turkish investors who suffered losses. Two independent asset managers who used Credit Suisse accounts to deposit money from wealthy Turkish clients are suspected of covering up losses linked to the Turkish lira's collapse in 2013. Prosecutors recently began investigating whether Credit Suisse should have done more to halt transactions that led to losses, the Tages-Anzeiger newspaper reported.
Market Realist•4 days agoGE Stock Falls Again as Liquidity Crunch Fear Rises
General Electric’s (GE) nightmare doesn’t seem to be over yet. The company’s stock fell nearly 7% yesterday, its 12th loss in the last 13 sessions. Yesterday’s blow came after the US industrial conglomerate’s newly appointed chair and CEO, Larry Culp, said during a CNBC interview that he feels “urgency” to lower debt and would do that by selling assets. Also, its free cash flows were negative in all three quarters of 2018, which indicates the company’s severe liquidity problem.
- Thomson Reuters StreetEvents•4 days ago
Edited Transcript of CSGN.VX earnings conference call or presentation 1-Nov-18 7:15am GMT
Q3 2018 Credit Suisse Group AG Earnings Call
- Bloomberg•4 days ago
Margarita Louis-Dreyfus Taps Credit Suisse for Loan
The Swiss bank is working on the loan to Louis-Dreyfus and her family trust Akira, said the people, who asked not to be named because the details are confidential. Louis-Dreyfus announced she had secured funds last week, but didn’t disclose the terms of the loan or who would be financing it. Representatives for Louis Dreyfus and Credit Suisse declined to comment.
Motley Fool•5 days agoAECOM Technology (ACM) Q4 2018 Earnings Conference Call Transcript
ACM earnings call for the period ending September 30, 2018.
Market Realist•5 days agoGE Plunged to a Nine-Year Low after JPMorgan Cut Its Target Price
Shares of General Electric (GE) took a hit on November 9 after JPMorgan Chase (JPM) analyst Stephen Tusa lowered his target price on the stock by 40% to $6 from $10. In a report to his clients, Tusa said that the US industrial conglomerate’s latest quarterly results were worse than expected. Following the report, GE stock tumbled to its lowest level in over nine years to $8.15 on November 9.
- Financial Times•6 days ago
[$$] Credit Suisse escapes criminal action over $2bn Mozambique scandal
in Mozambique, where loans to set up a state fishing fleet vanished. The Financial Conduct Authority has decided to drop its criminal probe into the matter, informing the bank in August that it has downgraded the case to a regulatory investigation, according to people familiar with the matter. The U-turn is a boon to the bank as the FCA was previously looking to use its criminal money-laundering powers in what would have been one of the first cases of its kind.
- Reuters•9 days ago
UBS faces new legal battle in U.S. over mortgage securities
NEW YORK/ZURICH (Reuters) - UBS Group AG, Switzerland's largest bank, faces another potentially costly legal battle as the U.S. Department of Justice draws up civil charges over the sale of mortgage-backed securities in the run-up to the 2008 financial crisis. UBS said on Wednesday it expected to be sued by the Justice Department as early as Thursday.
- Bloomberg•9 days ago
Margarita Louis-Dreyfus Secures Financing to Buy Out Family
Louis-Dreyfus revealed few details about the financing deal. A company spokeswoman said the financing was “secured via a loan,” but declined to provide terms or who the lender is, citing confidentiality agreements. The company spokeswoman said Louis-Dreyfus and her family trust Akira “will meet its financial obligations in compliance with calendar and payment terms,” without providing further details.
- Reuters•10 days ago
Big investors sue 16 banks in U.S. over currency market rigging
A group of large institutional investors including BlackRock Inc and Allianz SE's Pacific Investment Management Co has sued 16 major banks, accusing them of rigging prices in the roughly $5.1 trillion-a-day foreign exchange market. The lawsuit was filed on Wednesday in the U.S. District Court in Manhattan by plaintiffs that decided to "opt out" of similar nationwide litigation that has resulted in $2.31 billion (£1.76 billion) of settlements with 15 of the banks. The banks being sued are: Bank of America, Barclays, BNP Paribas, Citigroup, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, JPMorgan Chase, Morgan Stanley, Japan's MUFG Bank, Royal Bank of Canada, Royal Bank of Scotland, Societe Generale, Standard Chartered and UBS.
- Reuters•10 days ago
Big investors sue 16 banks in U.S. over currency market rigging
A group of large institutional investors including BlackRock Inc and Allianz SE's Pacific Investment Management Co has sued 16 major banks, accusing them of rigging prices in the roughly $5.1 trillion-a-day foreign exchange market. The lawsuit was filed on Wednesday in the U.S. District Court in Manhattan by plaintiffs that decided to "opt out" of similar nationwide litigation that has resulted in $2.31 billion of settlements with 15 of the banks. The banks being sued are: Bank of America, Barclays, BNP Paribas, Citigroup, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, JPMorgan Chase, Morgan Stanley, Japan's MUFG Bank, Royal Bank of Canada, Royal Bank of Scotland, Societe Generale, Standard Chartered and UBS.
- CNBC•10 days ago
How much money you need to be among the richest 10 percent of people worldwide
To be among the global top 10 percent, you may not need as much money as you think. According to the 2018 Global Wealth Report from Credit Suisse Research Institute, you don't even need six figures. A net worth of $93,170 U.S. is enough to make you richer than 90 percent of people around the world, Credit Suisse reports.
- Reuters•10 days ago
Exclusive: Credit Suisse pulls out of South Africa in global shift - sources
Credit Suisse has pulled out of South Africa after more than a decade as part of chief executive Tidjane Thiam's bank-wide revamp, three sources with knowledge of the matter said. Switzerland's second largest bank is in the final stages of a three-year drive to focus on managing the money of wealthy investors and scale back investment banking. It's a total withdrawal wrapped up some weeks back," one of the sources said.
- Investing.com•11 days ago
MarketPulse: Mylan Surges to Keep Health Care Stocks Well Above Flatline
Investing.com - A pulsating rally in shares of Mylan and CVS Health Tuesday offset weakness in Eli Lilly, keeping the broader health care sector well above the flatline.
- PR Newswire•11 days ago
Credit Suisse Announces Coupon Payments and Expected Coupon Payments on Credit Suisse X-Links® Exchange Traded Notes (the "ETNs")
NEW YORK , Nov. 6, 2018 /PRNewswire/ -- On November 1, 2018 , Credit Suisse declared coupon payments for the following ETNs: ETN Ticker ETN Name Closing Indicative Value on 10/31/18 Ex-Date Record Date ...
- The Wall Street Journal•16 days ago
[$$] Credit Suisse Shares Drop After Results Miss Mark
Swiss banks have struggled in recent years as they shifted their business models away from volatile, but at times very profitable, investment banking and toward managing money for wealthy clients around the world. The costs associated with these strategic changes have been exacerbated by negative interest rates in Switzerland and stringent regulations that have capped growth in parts of their businesses. Net profit at Credit Suisse for the third quarter rose roughly 74% to 424 million Swiss francs ($421.3 million), Switzerland’s second-largest bank said.
