Credit Suisse Group Newswire (Page 2)

Comprehensive Real-Time News Feed for Credit Suisse Group. (Page 2)

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  1. Credit Suisse Monitor Does Job With GustoRead the original story w/Photo

    Thursday Apr 30 | Wall Street Journal

    If Credit Suisse Group AG thought pleading guilty to a charge of aiding U.S. tax evasion and agreeing to big fines last year would firmly put the issue behind it, the Swiss bank wasn't reckoning on Neil Barofsky.

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  2. Aluminium collapse sours CSR Ltd's building boomRead the original story w/Photo

    Sunday Apr 26 | Sydney Morning Herald

    The price CSR receives for its aluminium is based on the London Metal Exchange price plus a regional premium for delivery of the physical metal. Despite surging new home building, tumbling aluminium premiums have cast doubts over CSR's earnings prospects ahead of the building products group's full-year result next month.

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  3. Dougan Says Was at Times Hard for American to Lead Credit SuisseRead the original story

    Friday Apr 24 | The Washington Post

    Brady Dougan, the first American to serve as sole chief executive officer of Credit Suisse Group AG, said that there were times when he wished he had considered that fact more before taking on the job. In his final speech to shareholders Friday after almost eight years as CEO of Switzerland's No.

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  4. Swiss economic expectations improve in AprilRead the original story w/Photo

    Apr 22, 2015 | MarketWatch

    Swiss economic expectations improved in April as hopes for a recovery in the eurozone economies, Switzerland's biggest export market, grew and as the Swiss franc held below parity with the euro. A survey by the ZEW Institute and Credit Suisse Group, released Wednesday, showed the overall headline index of investor and analyst expectations rose to minus 23.2 points this month from minus 37.9 points in March.

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  5. Stronger markets boost earnings at Swiss bank Credit SuisseRead the original story w/Photo

    Apr 21, 2015 | Worcester Telegram & Gazette

    Buoyant financial markets helped Credit Suisse Group AG overcome the impact of a surging Swiss franc to post a solid 23 percent increase in first quarter profit. The bank said Tuesday that it made 1.054 billion Swiss francs in the first quarter, ahead of the consensus of analysts' expectations at around 1.03 billion francs.

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  6. CFO: IBM software unit has to stop shrinkingRead the original story w/Photo

    Apr 21, 2015 | Salt Lake Tribune

    ... to double-digit growth by the final three months of the year, said Kulbinder Garcha, an analyst with Credit Suisse Group in New York. "Just given the performance in the first quarter, the likelihood of that happening is quite low," said Garcha, ...

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  7. Credit Suisse Group's (CS) CEO Brady Dougan on Q1 2015 Results - Earnings Call TranscriptRead the original story w/Photo

    Apr 21, 2015 | Seeking Alpha

    Welcome and thank you for joining the Credit Suisse Group's First Quarter 2015 results conference call. [Operator Instructions].

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  8. Stronger markets boost earnings at Credit SuisseRead the original story w/Photo

    Apr 21, 2015 | Salt Lake Tribune

    Frankfurt, Germany a Buoyant financial markets helped Credit Suisse Group AG overcome the impact of a surging Swiss franc to post a solid 23 percent increase in first quarter profit. The bank said Tuesday that it made $1.13 billion in the first quarter, ahead of the consensus of analysts' expectations at around 1.03 billion francs.

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  9. Credit Suisse Drops as Capital Erosion Stokes Concern on BuffersRead the original story

    Apr 21, 2015 | The Washington Post

    Credit Suisse Group AG fell the most since January in Zurich trading after the bank said a key measure of financial strength dropped in the first quarter, stoking concerns the bank may have to boost capital. The ratio of capital to risk-weighted assets was at 10 percent, down from 10.1 percent at the end of 2014, the bank said in a statement Tuesday.

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  10. Credit Suisse sees net profit rise 23 per cent in 1st quarter, boosted by stock marketsRead the original story

    Apr 21, 2015 | Times-Herald

    Swiss bank Credit Suisse Group AG says net profit rose 23 per cent to 1.054 billion Swiss francs in the first quarter compared with a year ago. CEO Brady Dougan said Tuesday that earnings were boosted by stronger results at the bank's wealth management division and by improved market activity.

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  11. C Suisse in trading reboundRead the original story w/Photo

    Apr 20, 2015 | Business News

    Credit Suisse Group said first-quarter profit rose 23% as increased trading activity boosted the securities unit and private banking. 'Fixed-income sales and trading revenues improved compared to the same quarter in the prior year due to increased client activity', said CEO Brady Dougan, who is presenting his last set of results, and Chairman Urs Rohner, in a letter to shareholders.

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  12. Credit Suisse profit beats forecastsRead the original story w/Photo

    Apr 20, 2015 | MarketWatch

    Swiss bank Credit Suisse Group AG on Tuesday posted net profit of 1.1 billion Swiss francs for the first quarter, compared with 859 million francs reported in the same period last year, as net revenue rose 3% to 6.67 billion francs. Credit Suisse's results reflect a quarter in which the bank has had to grapple with an abruptly strengthened Swiss franc following a decision in January by the Swiss central bank to remove a cap on the currency.

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  13. Market Extra: Appetite for high-growth stocks helping drive biotech IPO boomRead the original story w/Photo

    Apr 20, 2015 | MarketWatch

    The biotech IPO boom, sparked by a more favorable regulatory climate and new cutting-edge medical technology, is expected to remain intact for the foreseeable future on robust appetite for high-growth stocks. "Although biotech IPO performance hasn't been great in 2015, we haven't seen evidence of a major turn in the market--the Nasdaq Biotech Index has continued to climb--so we'd expect at least a modest amount of activity to continue," said Greg Leffert, an analyst at Renaissance Capital.

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  14. Initial public offerings scheduled to debut next weekRead the original story

    Apr 17, 2015 | Canadian Business Magazine

    The following is a list of initial public offerings planned for the coming week. Sources include IPO ETF manager Renaissance Capital, and SEC filings.

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  15. Signs of Life in a New GalaxyRead the original story w/Photo

    Apr 16, 2015 | The Washington Post

    ... the same page that Samsung's new phone is different from the past models," says Keon Han, an analyst at Credit Suisse Group in Seoul. At an event Samsung staged on April 9, a day before the new Galaxy went on sale in the U.S. and 19 other countries, ...

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  16. Surprise! Australia's jobless rate falls to 6.1%Read the original story w/Photo

    Apr 16, 2015 | Salt Lake Tribune

    ... of rate cuts in the next 12 months, from 59 basis points prior to Thursday's release, according to a Credit Suisse Group index based on swaps. Falling commodity prices in response to weakening demand growth from China and increased supply, and ...

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  17. US-listed Chinese tech stocks not bubbly: analystsRead the original story w/Photo

    Apr 16, 2015 | China Daily

    ... [listed in China] do resemble the dotcom bubble," said Vincent Chan, the head of China research at Credit Suisse Group AG. "Given stocks [in the US] fell 50 to 70 percent when that bubble burst in 2000, these small-cap Chinese shares may face big ...

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  18. America's Most-Wanted Swiss Bankers Aren't Hard to FindRead the original story w/Photo

    Apr 16, 2015 | Bloomberg

    ... and the IRS have been waging an uneasy war against Swiss banks that enable tax evasion. UBS Group and Credit Suisse Group have paid a combined $3.4 billion in U.S. fines, penalties, and restitution. Wegelin, the country's oldest bank, closed its ...

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  19. DOJ Announces First Non-Prosecution Agreement Under the Swiss Bank ProgramRead the original story w/Photo

    Apr 15, 2015 | jdsupra.com

    ... direct or indirect interest, and assisting DOJ in its work to end alleged offshore tax evasion. In 2014, Credit Suisse Group AG (Credit Suisse), Switzerland's second largest bank, pled guilty to aiding U.S. taxpayers in evading tax and agreed to pay ...

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  20. Credit Suisse Names Mike Paliotta Head of Global Prime ServicesRead the original story

    Apr 14, 2015 | The Washington Post

    Credit Suisse Group AG appointed Mike Paliotta as global head of prime services, replacing departing Paul Germain, according to two memos. Paliotta, who was co-head of equities for the Americas, will report to Tim O'Hara, co-head of the investment banking division, according to an internal memo obtained by Bloomberg.

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