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Credit Suisse Group AG (CSGN.S)

CSGN.S on Virt-X Level 1

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Prev Close
CHF15.06
Open
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CHF18.81
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Latest Key Developments (Source: Significant Developments)

GE Is Preparing $1.5 Bln Sale Of Power-Conversion Unit- Bloomberg
Friday, 10 Aug 2018 

Aug 10 (Reuters) - :GE IS PREPARING $1.5 BILLION SALE OF POWER-CONVERSION UNIT- BLOOMBERG, CITING SOURCES.  Full Article

Credit Suisse CFO Says Still Regard As Likely That Credit Suisse Will Not Be Subject To Beat Tax Reform. Probably Won't Get Guidance From U.S. Treasury Until Fourth Quarter
Tuesday, 31 Jul 2018 

By Brenna Hughes Neghaiwi:SAYS STILL REGARD AS LIKELY THAT CREDIT SUISSE WILL NOT BE SUBJECT TO BEAT TAX REFORM. PROBABLY WON'T GET GUIDANCE FROM U.S. TREASURY UNTIL FOURTH QUARTER.  Full Article

Credit Suisse names Yvonne Voon Head Of Southeast Asia Real Estate
Tuesday, 12 Jun 2018 

June 12 (Reuters) - Credit Suisse Group AG ::CREDIT SUISSE SAYS YVONNE VOON APPOINTED HEAD OF SOUTHEAST ASIA REAL ESTATE IN INVESTMENT BANKING & CAPITAL MARKETS (IBCM), FELICITY CHAN HEAD OF EQUITY SYNDICATE FOR SOUTHEAST ASIA IN MARKETS BUSINESS.  Full Article

Credit Suisse Group Announces Reverse Splits Of Its VIIZ And TVIX ETNs
Thursday, 31 May 2018 

May 31 (Reuters) - CREDIT SUISSE GROUP AG ::ANNOUNCES REVERSE SPLITS OF ITS VIIZ AND TVIX ETNS.REVERSE SPLITS WILL BE EFFECTIVE AT OPEN OF TRADING ON JUNE 8, 2018.HOLDERS OF VIIZ AND TVIX WHO BOUGHT SUCH ETNS PRIOR TO JUNE 8 TO RECEIVE ONE REVERSE SPLIT-ADJUSTED ETN FOR EVERY TEN PRE-REVERSE SPLIT ETNS.IN ADDITION, SUCH PURCHASERS THAT HOLD NUMBER OF ETNS NOT EVENLY DIVISIBLE BY TEN WILL RECEIVE CASH PAYMENT FOR ANY FRACTIONAL ETNS REMAINING.  Full Article

Stanchart Seeking Investors To Purchase Remaining $1.5 Bln Of Private Equity Assets - Bloomberg
Thursday, 10 May 2018 

May 10 (Reuters) - :STANCHART SEEKING INVESTORS TO PURCHASE REMAINING $1.5 BILLION OF PRIVATE EQUITY ASSETS, BACK SPIN-OFF OF 55-STRONG TEAM RUNNING BUYOUT BUSINESS - BLOOMBERG.CREDIT SUISSE HAS STARTED PITCHING STANCHART TRANSACTION TO POTENTIAL SUITORS, INCLUDING OTHER BUYOUT FIRMS IN ASIA - BLOOMBERG.  Full Article

Credit Suisse says on track for cost-cutting goals
Wednesday, 25 Apr 2018 

April 25 (Reuters) - Credit Suisse Group AG ::SAYS CONFIRMS WILL WIND DOWN STRATEGIC RESOLUTION UNIT BY END-2018.SAYS INTEND TO DELIVER 800 MILLION SFR OF FURTHER SAVINGS IN 2018, PUTTING BANK ON TRACK TO REACH COST CUT GOALS.SAYS SHOOTING FOR $6 BILLION NET REVENUES FOR GLOBAL MARKETS UNIT FOR 2018.SAYS NO AGGRESSIVE HIRING PLANS IN INTERNATIONAL WEALTH MANAGEMENT, IN APAC THERE WILL BE A LITTLE MORE GROWTH.  Full Article

Credit Suisse Says it Expects Write-Down Of about Chf 2.3 bln In Q4 2017 Due To US Tax Reforms‍​
Friday, 22 Dec 2017 

Dec 22 (Reuters) - Credit Suisse Group Ag ::EXPECTS WRITE-DOWN OF APPROXIMATELY CHF 2.3 BILLION IN 4Q17 DUE TO US TAX REFORMS‍​.TAX REFORMS EXPECTED TO HAVE A POSITIVE IMPACT ON THE US ECONOMY AND CO'S ACTIVITY LEVELS IN THE US.NEW TAX ON SERVICES AND INTEREST PAYMENTS TO AFFILIATES OUTSIDE US TO LIKELY HAVE NEGATIVE IMPACT ON CO'S US TAX LIABILITIES IN 2018.FURTHER DETAIL ON IMPACT OF US TAX REFORM TO BE PROVIDED WITH ANNOUNCEMENT OF FULL-YEAR 2017 RESULTS IN FEBRUARY.  Full Article

Credit Suisse CFO: likely litigation, restructuring costs in 2018
Thursday, 30 Nov 2017 

Nov 30 (Reuters) - Credit Suisse Group Ag ::CREDIT SUISSE CFO SAYS LIKELY THERE COULD BE LITIGATION COSTS IN 2018.CREDIT SUISSE CFO SAYS ALSO EXPECT RESTRUCTURING COSTS IN 2018.  Full Article

Credit Suisse CEO Says Wants Yield To Investors Of Around 5 PCT - CNBC
Thursday, 30 Nov 2017 

Nov 30 (Reuters) - Credit Suisse Group AG ::CREDIT SUISSE CEO SAYS BOLT-ON ACQUISITIONS POSSIBLE BUT NO TRANSFORMATIONAL DEALS - CNBC.CREDIT SUISSE CEO SAYS WANTS YIELD TO INVESTORS OF AROUND 5 PERCENT - CNBC.  Full Article

Credit Suisse projects implied net income for 2019, 2020
Thursday, 30 Nov 2017 

Nov 30 (Reuters) - Credit Suisse ::EXPECT IMPLIED NET INCOME GENERATION OF APPROXIMATELY 4.2-4.6 BILLION SFR IN 2019 AND APPROXIMATELY 5.0-5.5 BILLION SFR IN 2020 BASED ON RETURN ON TANGIBLE EQUITY GOALS - PRESENTATION SLIDES ‍​.  Full Article

Swiss stocks - Factors to watch on Aug 14

ZURICH, Aug 14 The Swiss blue-chip SMI was seen opening 0.1 percent higher at 9,011 points on Tuesday, according to premarket indications by bank Julius Baer .