Credit Suisse Group (CS) 11.51 $CS
Credit Suisse (CS) Under Justice Dept. Probe
Zacks Equity Research - Zacks Investment Research - Thu Jun 23, 2:41PM CDT
Legal hassles continue for Credit Suisse Group AG (CS) as the Swiss banking giant is under Justice Department scrutiny for its operations in Israel. US regulators are investigating the Zurich-based banking giant's procedures relating to handling of American clients.
BMO: 62.65 (-2.68), CS: 11.51 (-2.21), CM: 77.07 (-4.33)
Goldman (GS) Third Round Layoffs: 98 in New York
Zacks Equity Research - Zacks Investment Research - Thu Jun 23, 2:30PM CDT
As a part of big overhaul, The Goldman Sachs Group, Inc. (GS) has commenced the third round of layoffs with the elimination of 98 staff in New York.
GS: 141.86 (-10.80), CS: 11.51 (-2.21), DB: 14.72 (-3.12), BAC: 13.00 (-1.04)
Major Swiss Banks to Raise More Capital Amid Revised Rules
Zacks Equity Research - Zacks Investment Research - Fri Jun 17, 2:56PM CDT
Switzerland's central bank said that UBS Group AG (UBS) and Credit Suisse Group AG (CS) need to raise billions more in order to meet the nation's new capital requirements.
CS: 11.51 (-2.21), UBS: 13.95 (-2.15)
SmarTrend Watching for Potential Pullback in Shares of Credit Suisse Group After 3.64% Gain
Comtex SmarTrend(R) - Fri Jun 17, 2:45PM CDT
Credit Suisse Group (NYSE:CS) traded in a range yesterday that spanned from a low of $12.28 to a high of $12.54. Yesterday, the shares gained 3.6%, which took the trading range above the 3-day high of $12.19 on volume of 3.1 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
CS: 11.51 (-2.21)
Digital Banking Revolution to Cause More Layoffs at BofA?
Zacks Equity Research - Zacks Investment Research - Thu Jun 16, 7:50AM CDT
More than 8,000 employees are set to be eliminated in Bank of America's (BAC) consumer banking business in the wake of shifting inclination of the customers toward digital banking.
CS: 11.51 (-2.21), DB: 14.72 (-3.12), BAC: 13.00 (-1.04), MS: 24.52 (-2.77)
Watch List for Foreign Money Center Banks Equities -- Banco Santander, Barclays, Lloyds Banking Group, and Credit Suisse Group
PR Newswire - Wed Jun 15, 7:00AM CDT
On Tuesday, June 14, 2016, the NASDAQ Composite ended the trading session at 4,843.55, down 0.10%; the Dow Jones Industrial Average edged 0.33% lower to finish at 17,674.82; and the S&P 500 closed at 2,075.32, down 0.18%. Stock-Callers.com has initiated coverage on the following equities: Banco Santander S.A. (NYSE: SAN), Barclays PLC (NYSE: BCS), Lloyds Banking Group PLC (NYSE: LYG), and Credit Suisse Group A.G. (NYSE: CS). Learn more about these stocks by accessing their free trade alerts at:
BCS: 8.89 (-2.29), SAN: 3.83 (-0.97), CS: 11.51 (-2.21), LYG: 3.33 (-1.01)
Downgrade Alert for Credit Suisse Group (CS)
Comtex SmarTrend(R) - Tue Jun 14, 3:34AM CDT
Credit Suisse Group (NYSE:CS) was downgraded from Outperform to Market Perform at Keefe Bruyette today. The stock closed yesterday at $12.09 on volume of 6.4 million shares, above average daily volume of 3.0 million. Credit Suisse Group AG is an international financial services group. The Group provides investment banking, private banking, and asset management services to customers located around the world.
CS: 11.51 (-2.21)
Watch for Credit Suisse Group to Potentially Rebound After Falling 2.01% Yesterday
Comtex SmarTrend(R) - Mon Jun 13, 3:00PM CDT
Credit Suisse Group (NYSE:CS) traded in a range yesterday that spanned from a low of $12.06 to a high of $12.40. Yesterday, the shares fell 2.0%, which took the trading range below the 3-day low of $12.38 on volume of 4.0 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
CS: 11.51 (-2.21)
Foreign Banks Stock Outlook - June 2016
Kalyan Nandy - Zacks Investment Research - Thu Jun 09, 4:30PM CDT
Foreign Banks Stock Outlook - June 2016
BCS: 8.89 (-2.29), TD: 42.50 (-1.90), BFR: 19.62 (-1.54), CS: 11.51 (-2.21), RY: 59.39 (-3.04), DB: 14.72 (-3.12), HSBC: 30.68 (-3.05), UBS: 13.95 (-2.15), CM: 77.07 (-4.33), SHG: 31.41 (-2.46)
Commodities Slightly Decreased in May due to Fundamental Factors
PR Newswire - Thu Jun 09, 10:52AM CDT
Commodities slightly decreased in May, driven by supply factors and macroeconomic events, according to Credit Suisse Asset Management.
CS: 11.51 (-2.21)
Goldman (GS) Cuts Jobs in Russia on Lower Profits & Deals
Zacks Equity Research - Zacks Investment Research - Thu Jun 09, 8:21AM CDT
Following disappointing first-quarter 2016 results, The Goldman Sachs Group, Inc. (GS) has cut jobs in Russia recently with more anticipated by the end of summer, according to Reuters.
GS: 141.86 (-10.80), CS: 11.51 (-2.21), DB: 14.72 (-3.12), BAC: 13.00 (-1.04)
Credit Suisse Announces Coupon Payments and Expected Coupon Payments on Credit Suisse X-Links Exchange Traded Notes (the "ETNs"
.
PR Newswire - Mon Jun 06, 7:30AM CDT
-- On June 1, 2016, Credit Suisse declared coupon payments for the following ETNs:
GLDI: 10.78 (+0.26), SLVO: 10.34 (+0.16), CS: 11.51 (-2.21)
Goldman (GS) Lays off Executives in Investment Banking Unit
Zacks Equity Research - Zacks Investment Research - Thu Jun 02, 9:35AM CDT
According to Bloomberg, The Goldman Sachs Group, Inc. (GS) has retrenched employees in the investment banking division in London, New York and Hong Kong in the wake of reduced deals and 60% slump in first-quarter profits.
GS: 141.86 (-10.80), CS: 11.51 (-2.21), DB: 14.72 (-3.12), BAC: 13.00 (-1.04)
Credit Suisse AG Announces the Repurchase of its CSMA ETNs
PR Newswire - Wed Jun 01, 3:30PM CDT
Credit Suisse AG announced today that it will repurchase at its option its Credit Suisse X-Links Merger Arbitrage ETNs ("CSMA", as the outstanding principal amount of ETNs is $10,000,000 or less. The repurchase date is expected to be June 13, 2016.
CS: 11.51 (-2.21)
Look for Shares of Credit Suisse Group to Potentially Rebound after Yesterday's 4.06% Sell Off
Comtex SmarTrend(R) - Tue May 31, 3:35PM CDT
Credit Suisse Group (NYSE:CS) traded in a range yesterday that spanned from a low of $13.66 to a high of $13.91. Yesterday, the shares fell 4.1%, which took the trading range below the 3-day low of $14.22 on volume of 2.9 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
CS: 11.51 (-2.21)
SmarTrend Watching for Potential Rebound in Shares of Credit Suisse Group After 4.06% Loss
Comtex SmarTrend(R) - Tue May 31, 3:33PM CDT
Credit Suisse Group (NYSE:CS) traded in a range yesterday that spanned from a low of $13.66 to a high of $13.91. Yesterday, the shares fell 4.1%, which took the trading range below the 3-day low of $14.22 on volume of 2.9 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
CS: 11.51 (-2.21)
Citi (C) Settles Benchmark Manipulation Case for $425M
Zacks Equity Research - Zacks Investment Research - Thu May 26, 7:34AM CDT
Adding to the woes of banking giant Citigroup Inc. (C), Commodity Futures Trading Commission (CFTC) recently leveled a $425 million charge against the bank for manipulating certain key currency-valuation benchmarks.
BCS: 8.89 (-2.29), JPM: 59.60 (-4.45), CS: 11.51 (-2.21), C: 40.30 (-4.16), DB: 14.72 (-3.12), BAC: 13.00 (-1.04), RBS: 5.43 (-2.06)
Credit Suisse, Leader in Global Cleared Derivatives, Selects FIS Derivatives Utility
PR Newswire - Tue May 24, 7:30AM CDT
-- Credit Suisse is the most recent global capital markets firm to adopt the FIS Derivatives Utility.
FIS: 70.67 (-3.24), CS: 11.51 (-2.21)
LIBOR Lawsuits Revived Against 16 Banks, Fines to Follow?
Zacks Equity Research - Zacks Investment Research - Tue May 24, 7:27AM CDT
A federal appellate panel reinstated the private antitrust lawsuits against 16 banks related to the rigging of LIBOR, indicating no respite for the banks from their past wrongdoings.
BCS: 8.89 (-2.29), JPM: 59.60 (-4.45), CS: 11.51 (-2.21), C: 40.30 (-4.16), HSBC: 30.68 (-3.05), DB: 14.72 (-3.12), BAC: 13.00 (-1.04), UBS: 13.95 (-2.15)
Credit Suisse (CS) Under Justice Dept. Probe
Zacks Equity Research - Zacks Investment Research - Thu Jun 23, 2:41PM CDT
Legal hassles continue for Credit Suisse Group AG (CS) as the Swiss banking giant is under Justice Department scrutiny for its operations in Israel. US regulators are investigating the Zurich-based banking giant's procedures relating to handling of American clients.
BMO: 62.65 (-2.68), CS: 11.51 (-2.21), CM: 77.07 (-4.33)
Goldman (GS) Third Round Layoffs: 98 in New York
Zacks Equity Research - Zacks Investment Research - Thu Jun 23, 2:30PM CDT
As a part of big overhaul, The Goldman Sachs Group, Inc. (GS) has commenced the third round of layoffs with the elimination of 98 staff in New York.
GS: 141.86 (-10.80), CS: 11.51 (-2.21), DB: 14.72 (-3.12), BAC: 13.00 (-1.04)
Major Swiss Banks to Raise More Capital Amid Revised Rules
Zacks Equity Research - Zacks Investment Research - Fri Jun 17, 2:56PM CDT
Switzerland's central bank said that UBS Group AG (UBS) and Credit Suisse Group AG (CS) need to raise billions more in order to meet the nation's new capital requirements.
CS: 11.51 (-2.21), UBS: 13.95 (-2.15)
SmarTrend Watching for Potential Pullback in Shares of Credit Suisse Group After 3.64% Gain
Comtex SmarTrend(R) - Fri Jun 17, 2:45PM CDT
Credit Suisse Group (NYSE:CS) traded in a range yesterday that spanned from a low of $12.28 to a high of $12.54. Yesterday, the shares gained 3.6%, which took the trading range above the 3-day high of $12.19 on volume of 3.1 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
CS: 11.51 (-2.21)
Digital Banking Revolution to Cause More Layoffs at BofA?
Zacks Equity Research - Zacks Investment Research - Thu Jun 16, 7:50AM CDT
More than 8,000 employees are set to be eliminated in Bank of America's (BAC) consumer banking business in the wake of shifting inclination of the customers toward digital banking.
CS: 11.51 (-2.21), DB: 14.72 (-3.12), BAC: 13.00 (-1.04), MS: 24.52 (-2.77)
Watch List for Foreign Money Center Banks Equities -- Banco Santander, Barclays, Lloyds Banking Group, and Credit Suisse Group
PR Newswire - Wed Jun 15, 7:00AM CDT
On Tuesday, June 14, 2016, the NASDAQ Composite ended the trading session at 4,843.55, down 0.10%; the Dow Jones Industrial Average edged 0.33% lower to finish at 17,674.82; and the S&P 500 closed at 2,075.32, down 0.18%. Stock-Callers.com has initiated coverage on the following equities: Banco Santander S.A. (NYSE: SAN), Barclays PLC (NYSE: BCS), Lloyds Banking Group PLC (NYSE: LYG), and Credit Suisse Group A.G. (NYSE: CS). Learn more about these stocks by accessing their free trade alerts at:
BCS: 8.89 (-2.29), SAN: 3.83 (-0.97), CS: 11.51 (-2.21), LYG: 3.33 (-1.01)
Downgrade Alert for Credit Suisse Group (CS)
Comtex SmarTrend(R) - Tue Jun 14, 3:34AM CDT
Credit Suisse Group (NYSE:CS) was downgraded from Outperform to Market Perform at Keefe Bruyette today. The stock closed yesterday at $12.09 on volume of 6.4 million shares, above average daily volume of 3.0 million. Credit Suisse Group AG is an international financial services group. The Group provides investment banking, private banking, and asset management services to customers located around the world.
CS: 11.51 (-2.21)
Watch for Credit Suisse Group to Potentially Rebound After Falling 2.01% Yesterday
Comtex SmarTrend(R) - Mon Jun 13, 3:00PM CDT
Credit Suisse Group (NYSE:CS) traded in a range yesterday that spanned from a low of $12.06 to a high of $12.40. Yesterday, the shares fell 2.0%, which took the trading range below the 3-day low of $12.38 on volume of 4.0 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
CS: 11.51 (-2.21)
Foreign Banks Stock Outlook - June 2016
Kalyan Nandy - Zacks Investment Research - Thu Jun 09, 4:30PM CDT
Foreign Banks Stock Outlook - June 2016
BCS: 8.89 (-2.29), TD: 42.50 (-1.90), BFR: 19.62 (-1.54), CS: 11.51 (-2.21), RY: 59.39 (-3.04), DB: 14.72 (-3.12), HSBC: 30.68 (-3.05), UBS: 13.95 (-2.15), CM: 77.07 (-4.33), SHG: 31.41 (-2.46)
Commodities Slightly Decreased in May due to Fundamental Factors
PR Newswire - Thu Jun 09, 10:52AM CDT
Commodities slightly decreased in May, driven by supply factors and macroeconomic events, according to Credit Suisse Asset Management.
CS: 11.51 (-2.21)
Goldman (GS) Cuts Jobs in Russia on Lower Profits & Deals
Zacks Equity Research - Zacks Investment Research - Thu Jun 09, 8:21AM CDT
Following disappointing first-quarter 2016 results, The Goldman Sachs Group, Inc. (GS) has cut jobs in Russia recently with more anticipated by the end of summer, according to Reuters.
GS: 141.86 (-10.80), CS: 11.51 (-2.21), DB: 14.72 (-3.12), BAC: 13.00 (-1.04)
Credit Suisse Announces Coupon Payments and Expected Coupon Payments on Credit Suisse X-Links Exchange Traded Notes (the "ETNs"
. PR Newswire - Mon Jun 06, 7:30AM CDT
-- On June 1, 2016, Credit Suisse declared coupon payments for the following ETNs:
GLDI: 10.78 (+0.26), SLVO: 10.34 (+0.16), CS: 11.51 (-2.21)
Goldman (GS) Lays off Executives in Investment Banking Unit
Zacks Equity Research - Zacks Investment Research - Thu Jun 02, 9:35AM CDT
According to Bloomberg, The Goldman Sachs Group, Inc. (GS) has retrenched employees in the investment banking division in London, New York and Hong Kong in the wake of reduced deals and 60% slump in first-quarter profits.
GS: 141.86 (-10.80), CS: 11.51 (-2.21), DB: 14.72 (-3.12), BAC: 13.00 (-1.04)
Credit Suisse AG Announces the Repurchase of its CSMA ETNs
PR Newswire - Wed Jun 01, 3:30PM CDT
Credit Suisse AG announced today that it will repurchase at its option its Credit Suisse X-Links Merger Arbitrage ETNs ("CSMA"
, as the outstanding principal amount of ETNs is $10,000,000 or less. The repurchase date is expected to be June 13, 2016. CS: 11.51 (-2.21)
Look for Shares of Credit Suisse Group to Potentially Rebound after Yesterday's 4.06% Sell Off
Comtex SmarTrend(R) - Tue May 31, 3:35PM CDT
Credit Suisse Group (NYSE:CS) traded in a range yesterday that spanned from a low of $13.66 to a high of $13.91. Yesterday, the shares fell 4.1%, which took the trading range below the 3-day low of $14.22 on volume of 2.9 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
CS: 11.51 (-2.21)
SmarTrend Watching for Potential Rebound in Shares of Credit Suisse Group After 4.06% Loss
Comtex SmarTrend(R) - Tue May 31, 3:33PM CDT
Credit Suisse Group (NYSE:CS) traded in a range yesterday that spanned from a low of $13.66 to a high of $13.91. Yesterday, the shares fell 4.1%, which took the trading range below the 3-day low of $14.22 on volume of 2.9 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
CS: 11.51 (-2.21)
Citi (C) Settles Benchmark Manipulation Case for $425M
Zacks Equity Research - Zacks Investment Research - Thu May 26, 7:34AM CDT
Adding to the woes of banking giant Citigroup Inc. (C), Commodity Futures Trading Commission (CFTC) recently leveled a $425 million charge against the bank for manipulating certain key currency-valuation benchmarks.
BCS: 8.89 (-2.29), JPM: 59.60 (-4.45), CS: 11.51 (-2.21), C: 40.30 (-4.16), DB: 14.72 (-3.12), BAC: 13.00 (-1.04), RBS: 5.43 (-2.06)
Credit Suisse, Leader in Global Cleared Derivatives, Selects FIS Derivatives Utility
PR Newswire - Tue May 24, 7:30AM CDT
-- Credit Suisse is the most recent global capital markets firm to adopt the FIS Derivatives Utility.
FIS: 70.67 (-3.24), CS: 11.51 (-2.21)
LIBOR Lawsuits Revived Against 16 Banks, Fines to Follow?
Zacks Equity Research - Zacks Investment Research - Tue May 24, 7:27AM CDT
A federal appellate panel reinstated the private antitrust lawsuits against 16 banks related to the rigging of LIBOR, indicating no respite for the banks from their past wrongdoings.
BCS: 8.89 (-2.29), JPM: 59.60 (-4.45), CS: 11.51 (-2.21), C: 40.30 (-4.16), HSBC: 30.68 (-3.05), DB: 14.72 (-3.12), BAC: 13.00 (-1.04), UBS: 13.95 (-2.15)
