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Credit Suisse Group News

News on Credit Suisse Group (Ticker: CSR) continually updated from thousands of sources around the net.

15 hrs ago | Resource Investing News

Credit Suisse to Retreat from Commodities Trading

Bloomberg Businessweek reported that Credit Suisse Group AG plans to exit the commodities trading business.

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Related Topix: Insurance

Tue Jul 22, 2014

Bloomberg

Australia Stock Market Set to Shrink on Foreign Takeovers

Australia's stock market is shrinking for the first time in eight years. For Credit Suisse Group AG, that's a signal to buy.

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Related Topix: Insurance, Food, Agriculture, Goodman Fielder, Financial Markets

Wall Street Journal

Credit Suisse to Exit Commodities Trading

On Tuesday, Credit Suisse Group AG became the latest lender to chop its commodities-trading unit, joining a litany of banks fleeing a sector that is struggling with a toxic mix of regulatory scrutiny and tighter margins.

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Related Topix: Insurance

Ticker

Europe Earnings: ARM Holdings, AMS, Credit Suisse, IG Group, Publicis

AMS stop merger talk with Dialog Semiconductor. Credit Suisse net swung to a loss to 700 million francs.

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Related Topix: Publicis Groupe SA, Advertising, IG Group, Gaming, Insurance, Semiconductors, Dialog Semiconductor

MSN Money

Credit Suisse posts big loss after U.S. tax settlement

Credit Suisse Group AG will quit commodities trading after chalking up its biggest loss since the financial crisis in 2008, the result of a 1.6 billion Swiss franc fine from U.S. authorities for helping its clients evade taxes.

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Related Topix: Insurance

Bloomberg

European Stocks Advance as Ukraine Concern Eases

European stocks rose, snapping three days of losses, amid signs that tension over Ukraine 's crisis is easing and as companies reported earnings.

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Related Topix: Financial Markets, Biotech, Medicine, Actelion, Healthcare Industry, Norsk Hydro ASA, Insurance

Mon Jul 21, 2014

GuruFocus.com

Guru Stocks at 52-Week Lows: UBS, BCS, CS, WFM, ROST

According to GuruFocus list of 52-week lows , these Guru stocks have reached their 52-week lows.

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Related Topix: Financial Markets, Banking, Barclays plc, Insurance, Retail, Whole Foods Market, Grocery

Hispanic Business

Fidelity and Credit Suisse Sign Agreement to Offer Investors...

The agreement expands Credit Suisse's potential investor base to Fidelity's millions of retail brokerage customers, as well as investors who work with advisors through Fidelity's registered investment advisor , correspondent broker/dealer and family office clients.

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Related Topix: Insurance, Outsourcing

The Washington Post

Barclays Dark Pool Volume Fell 66% Week After New York Suit

Barclays Plc saw the number of U.S. shares traded in its dark pool decline for a second week after it was sued by New York for allegedly lying to customers.

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Related Topix: Insurance, Business News

Fri Jul 18, 2014

Forbes.com

Earnings for Credit Suisse Projected to Rise

Wall Street is expecting higher profit for Credit Suisse when the company reports its second quarter results on Tuesday, July 22, 2014.

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Related Topix: Insurance, Financial Markets

Bloomberg

Bechtel-Union Discord Raises Australian LNG Plant Delay Risk

Bechtel Group Inc., the contractor building more than $60 billion of natural gas export projects in Australia for companies including BG Group Plc , faces a dispute with unions that's raised concern of startup delays.

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Related Topix: Bechtel Group, Inc., Energy, Oil & Gas, Santos, Insurance, Australia, World News,

Thu Jul 17, 2014

The Washington Post

Jeb Bush Raising Private Equity Funds as 2016 Campaign Weighed

As other Republicans travel the country laying the groundwork for 2016 presidential campaigns, former Florida Governor Jeb Bush is raising private-equity funds for oil and gas ventures.

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Related Topix: US News, Florida, Florida Government, Texas Government, Texas, Investment Banking, Lehman Brothers, Financial Services, Insurance

Wed Jul 16, 2014

Bloomberg

BlackRock Fund Said to Be Seller in Mortgage-Bond Auction

BlackRock Inc. is winding down one of the biggest wagers made on bonds backed by souring U.S. mortgages during the financial crisis.

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Related Topix: Financial Services, BlackRock, Investment Services, Home, Mortgage, Personal Finance, Financial Markets, Insurance, UBS Investment Bank, Investment Banking

The Washington Post

Record BNP Fine Spotlights Banks' Need for In-House Police

Ignoring the rules has never been so pricey for European lenders, spurring them to hire more people to ferret out wrongdoing and offer salaries more in line with the bankers they police.

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Related Topix: Insurance, New York, Home, Mortgage, Personal Finance, Business News

Tue Jul 15, 2014

The Washington Post

Ex-Credit Suisse Banker Taps Crisis Lesson for Greek Rebound

When Anastasia Sakellariou moved back to Greece in 2009 to get married, giving up international trips and pay checks that came with being a banker at Credit Suisse Group AG, Europe's debt crisis had barely begun.

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Related Topix: Insurance, Credit Suisse Asset Mnagement Income Fund, Financial Services, Business News

Mon Jul 14, 2014

Seeking Alpha

Rising Commercial Loans At Wells Fargo Augur Well For The Economy

Second quarter earnings per share of $1.01 at Wells Fargo & Co were in line with market consensus and a whisker ahead of the $1.00 estimated by Credit Suisse analysts Moshe Orenbuch, Jill Glaser Shea and Lesley Robertshaw.

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Related Topix: Wells Fargo , Banking, Financial Services, Insurance, Home, Mortgage, Personal Finance

Fri Jul 11, 2014

The Miami Herald

Initial public offerings scheduled to debut next week

The following is a list of initial public offerings planned for the coming week.

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Related Topix: Greenwich, CT, Kidney Cancer, Health, Insurance, Argentina, World News, Pfenex, Goldman Sachs, Financial Services, Investment Services

Thu Jul 10, 2014

GuruFocus.com

David Herro's Second Quarter 2014 Shareholder Letter

Fellow Shareholders, The Oakmark International Fund and Oakmark International Small Cap Fund experienced a soft quarter in a very quiet market environment.

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Related Topix: Financial Markets, Insurance

Wed Jul 09, 2014

Bloomberg

Credit Suisse Joins Barclays in Ending Aussie Bond Hiatus

Credit Suisse Group AG is selling its first bonds in Australia in almost four years as banks from Europe and around the world flock to the market.

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Related Topix: Insurance, Financial Markets

Wall Street Journal

Credit Suisse Seeks Delay in Sentencing

Credit Suisse Group AG says its management of billions of dollars in assets for pension plans will be at risk unless a U.S. court pushes back sentencing of the Swiss bank for aiding tax evasion, following its guilty plea in May. In a motion filed Tuesday in a Virginia court, Credit Suisse asked that sentencing, scheduled for next month, be pushed ... (more)

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Related Topix: Insurance

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