NYSE:CS
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Credit Suisse Group Stock News
$0.89
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At Close: Sep 08, 2023
Why Credit Suisse Stock Plunged 71% in March
10:30pm, Monday, 10'th Apr 2023
In the wake of Silicon Valley Bank, Credit Suisse spiraled out of control. With the help of the Swiss National Bank, the company sold itself to UBS.
Swiss finance minister sees no 'stumbling blocks' to UBS takeover of Credit Suisse
06:49am, Saturday, 08'th Apr 2023
UBS's multi-billion state-sponsored takeover of Credit Suisse should proceed smoothly without political obstructions, Swiss Finance Minister Karin Keller-Sutter said in an interview published on Satur
UBS CEO tells Credit Suisse staff to stay focused on clients and the business
12:10pm, Thursday, 06'th Apr 2023
UBS Chief Executive Sergio Ermotti has told Credit Suisse staff it is "critical" to remain focused on clients and keeping the business running as the merger of the two banks proceeds, according to an
Switzerland Targets Credit Suisse Executives' Bonuses
09:20am, Thursday, 06'th Apr 2023
The Swiss government is about to canceled or cut outstanding bonuses of top Credit Suisse Group AG executives following the state-backed takeover by UBS Group AG. Oliver Crook reports on Bloomberg Tel
Credit Suisse, Silicon Valley Bank shorts raised billions in March
07:21am, Thursday, 06'th Apr 2023
Hedge funds raised billions from taking up short positions against lenders in March, as the collapse of Silicon Valley Bank (SVB) sent ripples across the global financial sector. US$1.3bn was raised t
Switzerland to Cancel, Cut Top Credit Suisse Executives' Bonuses
08:48pm, Wednesday, 05'th Apr 2023
The Swiss government is about to canceled or cut outstanding bonuses of top Credit Suisse Group AG executives following the state-backed takeover by UBS Group AG. Nabila Ahmed reports on Bloomberg
Regional Banks vs. Tech: What Lies Ahead?
04:00pm, Wednesday, 05'th Apr 2023
With tech stocks extended and regional banks breaking down, now may be an ideal time to be patient and "wait for your pitch". Andrew Rocco explains.
Switzerland cuts bonus payouts for top Credit Suisse management
02:52pm, Wednesday, 05'th Apr 2023
Switzerland has instructed Credit Suisse to cancel or reduce all outstanding bonus payments for the top three levels of management and examine whether those already paid can be recovered, the Federal
Switzerland cancels or reduces bonus payouts for top Credit Suisse management
12:12pm, Wednesday, 05'th Apr 2023
Switzerland has instructed Credit Suisse to cancel or reduce all outstanding bonus payments for the top three levels of management and examine whether already those already paid out can be recovered,
Credit Suisse wins $41 mln London lawsuit against Saudi Prince
09:37am, Wednesday, 05'th Apr 2023
Swiss lender Credit Suisse has won a $41 million lawsuit against a member of the Saudi royal family over a loan to refinance a super yacht, with London's High Court ruling there was no viable defence
UBS Chair highlights risk and reward of Credit Suisse deal
07:57am, Wednesday, 05'th Apr 2023
UBS's takeover of Credit Suisse was a “milestone” in global finance but entails a “huge amount of risk,” according to the bank's chair Colm Kelleher. “It was a historic day and a day we hope
Switzerland faced a full-scale bank run if Credit Suisse went bankrupt, Swiss regulator argues
04:57am, Wednesday, 05'th Apr 2023
FINMA and the Swiss central bank brokered UBS' takeover for embattled Zurich rival Credit Suisse for 3 billion Swiss francs ($3.3 billion), in a deal announced on March 19.
UBS Chairman addresses shareholders on milestone Credit Suisse takeover
04:20am, Wednesday, 05'th Apr 2023
UBS's Chairman told the bank's annual shareholder meeting on Wednesday that the takeover of rival Credit Suisse was a significant milestone for Switzerland and for the global financial industry.
Swiss regulator calls for more power after Credit Suisse debacle
03:16am, Wednesday, 05'th Apr 2023
Switzerland's financial regulator FINMA called for more power to penalise and name and shame banks that break the rules, following the collapse of the country's second-biggest bank, Credit Suisse.
UBS holds first shareholder meeting since controversial Credit Suisse takeover
02:12am, Wednesday, 05'th Apr 2023
UBS will hold its annual general meeting on Wednesday morning against a fraught political backdrop following its takeover of fallen rival Credit Suisse, announced last month.