Credit Suisse
Stay current with all the latest and breaking news from Credit Suisse, compare headlines and perspectives between news sources on stories happening today. In total, 592 stories have been published about Credit Suisse which Ground News has aggregated in the past 3 months.Stay current with all the latest and breaking news from Credit Suisse, compare headlines and perspectives between news sources on stories happening today. In total, 592 stories have been published about Credit Suisse which Ground News has aggregated in the past 3 months.
Top Credit Suisse News
Credit Suisse · AustinLess than two years after launching, this Austin vacation rental startup will expand its portfolio with a $100 million credit facility from Zürich-based Credit Suisse.See the Story
Luxury vacation rental startup secures $100M credit facility from Credit Suisse
100% Center coverage: 1 sources
Credit Suisse[Zurich 1st Reuters] - Swiss financial giant Credit Suisse Chairman Axel Lehman mentioned on the 1st that the outflow of customer funds has been stopped in part, and only a small number of customers have completely canceled their contracts. I spoke at a meeting of the English Financial Times. Mr. Lehman said, “The retail sector and partly the asset management sector were hit by a storm, and there was a large outflow of funds over a period of 2 t…See the Story
Credit Suisse capital outflow stopped in part = chairman
100% Center coverage: 1 sources
Credit Suisse · DüsseldorfCash outflows and rising financing costs are causing uncertainty among analysts. The focus is on a top manager at the bank in particular.See the Story
Major Swiss bank: Rapid fall in share prices and rising short bets — How Credit Suisse continues to come under pressure
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BusinessApollo Global Management Inc. will manage remaining assets under an investment relationship with an expected term of five years. The transactions should hand Credit Suisse a release of risk weighted assets of up to $10 billion. The Wall Street Journal reported last month that the bank was nearing a deal to sell its securitized-products group.See the Story
Credit Suisse to sell most of its securitized products business to Apollo
75% Center coverage: 4 sources
FinanceThe Swiss bank yesterday announced the syndicate in a statement that confirmed a Bloomberg story over the weekend. It had already picked Morgan Stanley, the Royal Bank of Canada, Deutsche Bank AG and Societe Generale SA as lead managers and joint bookrunners. The announcement triggered the biggest single-day decline on record, with the shares tumbling 19 percent.See the Story
Credit Suisse hires 20 banks for capital raise
60% Center coverage: 5 sources
EuropeCredit Suisse is cutting thousands of jobs and restructuring its business. The bank said 9,000 posts would go over the next three years. The workforce will fall from 52,000 now to 43,000 by the end of 2025. It is also setting up a "bad bank" unit to house high-risk assets.See the Story
Credit Suisse cuts 9,000 jobs to stem losses
Coverage: 4 sources
BusinessThe bank is seeking $4 billion in new financing, including $1.5 billion from the Saudi National Bank. The bank's full-time workforce will go from 52,000 to 43,000 by the end of 2025. Credit Suisse has been troubled by both heavy losses and scandals.See the Story
Credit Suisse announces radical restructuring, plans to cut 9,000 jobs
67% Left coverage: 3 sources
Europe · ZurichSwiss bank Credit Suisse unveiled Thursday a “radical strategy” aimed to overcome a string of recent troubles that have dented its reputation.See the Story
Credit Suisse unveils ‘radical’ strategy as 3Q loss hits $4B
47% Center coverage: 17 sources
BusinessSwitzerland's second-biggest bank launched a strategic review aimed at putting an end to a series of scandals. The Zurich-based bank revealed it was going for a "radical restructuring" of its investment bank. The bank intends to raise capital worth four billion Swiss francs through issuing new shares to qualified investors.See the Story
Credit Suisse will cut 9,000 jobs by 2025 as it launches major overhaul to stabilise bank
Coverage: 4 sources
Europe · ZurichA group including Apollo Global Management Inc. is in talks to buy at least part of Credit Suisse Group AG's securitized products business. The group also includes fund manager Pimco, said the people. The structure of the potential deal is unclear. No final decision has been made and the talks could fall through.See the Story
Credit Suisse Nears Sale of Securitized-Products Group
64% Center coverage: 11 sources
Europe · ParisCredit Suisse settled a tax fraud and money laundering case in France on Monday with a 238 million euro ($234 million) payment to the state, putting another legal headache behind it as it readies to unveil a strategic overhaul.See the Story
Credit Suisse settles French tax fraud probe for €238 million
40% Center coverage: 20 sources
