RPT-Fitch: Credit Suisse 1Q14 performance dampened by weaker fixed income earnings
Fitch Ratings says that Credit Suisse Group AG's 1Q14 results reflect pressure on fixed income earnings in the sector and highlight the importance of the group's strong wealth management franchise and its cost reduction efforts.
Trending on the Topix Network
Wed Apr 16, 2014
How a 56-Year-Old Engineer's $45,000 Note Loss Spurred SEC Probe
Jeff Steckbeck didn't read the prospectus. He didn't realize the price was inflated.
Credit Suisse Group's CEO Discusses Q1 2014 Results - Earnings Call Transcript
Good morning. This is the conference operator. Welcome and thank you for joining the Credit Suisse Group First Quarter 2014 Results Conference Call.
European Stocks Rise Before U.S. Data as Tesco Rallies
European stocks rose the most in three weeks as investors weighed earnings reports and awaited data that may show American housing and industrial activity increased.
The Globe and Mail
Credit Suisse profit falls 34% as bond market hits investment banking revenue
Swiss bank Credit Suisse says its net profit fell 34 per cent in the first quarter, more than expected, as bond-market woes hurt earnings at its investment banking business.
The Washington Post
Credit Suisse Net Falls 34% on Lower Investment Bank Profit
Credit Suisse Group AG, the second- biggest Swiss bank, said first-quarter profit fell 34 percent as earnings at the investment bank dropped.
Credit Suisse Profit Fell 34 % on Lower Investment Bank Earnings
Credit Suisse Group AG , the second-biggest Swiss bank, said first-quarter profit fell 34 percent as earnings at the investment bank dropped.
Tue Apr 15, 2014
Will An Ongoing Investigation Over Possible Tax Evasion Hurt Credit Suisse (CS) Stock?
The Department of Financial Services, which regulates the New York bank office of the Swiss bank, has specifically requested the employment records of Roger Schaerer, former head of the New York branch, the paper said.
Wall Street Journal
N.Y. Regulator Sends Subpoena to Credit Suisse
New York's top financial regulator has sought numerous documents from Credit Suisse Group AG as it ramps up a continuing tax-evasion probe of the Swiss bank, according to a person familiar with the matter.
11 U.S. IPOs Planned For The Week Of April 14
City Office REIT , a REIT formed to acquire and operate office properties in the US, plans to raise $100 million by offering 6.7 million shares at a price range of $14.00 to $16.00.
Mon Apr 14, 2014
The Washington Post
Obama's Shrinking Budget Deficits Silence Foreign Critics
Six months ago, global finance officials meeting in Washington berated the U.S. for failing to put its fiscal house in order.
Fri Apr 11, 2014
CSR Limited Receives "Buy" Rating from Deutsche Bank
's stock had its "buy" rating reaffirmed by equities research analysts at Deutsche Bank in a research note issued to investors on Friday, Analyst Ratings Network.com reports.
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.
Thu Apr 10, 2014
Deutsche Bank hires Credit Suisse banker for India investment banking role-sources
Deutsche Bank AG has hired senior Credit Suisse Group AG investment banker, Rahul Chawla, to head its structured finance business in India, two sources with direct knowledge of the development said.
Wed Apr 09, 2014
Premium pet food company Freshpet taps banks for IPO-sources
Freshpet LLC, maker of a healthy variety of cat and dog food, has selected Goldman Sachs Group Inc and Credit Suisse Group AG to lead an initial public offering by the end of the year, two people familiar with the matter said on Wednesday.
Credit Suisse, Stuhlberger to set up new fund venture -source
Credit Suisse Group AG and Brazilian money manager Luis Stuhlberger agreed on Wednesday to set up a new asset management venture under Stuhlberger's control, a source with direct knowledge of the plan told Reuters.
Credit Suisse confirms fund venture with manager Stuhlberger
Credit Suisse Group AG confirmed on Wednesday it was setting up a new asset management venture under the control of Brazilian money manager Luis Stuhlberger, confirming an earlier report by Reuters.
The Washington Post
Woolworths of South Africa to Buy David Jones for $2 Billion
South Africa's Woolworths Holdings Ltd. agreed to buy Australian retailer David Jones Ltd. for A$2.15 billion , to expand in a market targeted by global rivals including Inditex SA and Hennes & Mauritz AB.
Tue Apr 08, 2014
Nokia Gains China Clearance for Microsoft Deal
Nokia on March 24 pushed back the expected completion date of the September deal to April from the first quarter, noting that the companies still needed approval in unspecified Asian markets.
N.Y. Said to Probe Credit Suisse Role in Tax Shelters
Why Clients Need Help With Family Governance Many clients don't know this area of expertise exists, but they know they need help with it, says Paul Pagnato, whose Pagnato-Karp Group works with UHNW families.