Credit Suisse

First Boston, was a New York-based bulge bracket investment bank, founded in 1932 and acquired by Credit Suisse in 1990. Together with its sister investment banks, it was referred to as CS First Boston after 1993 and part of Credit Suisse First Boston after 1996. The First Boston part of the name was phased out by 2006.

First Boston

Credit Suisse Group AG is a holding company, which engages in the provision of financial services. It operates through the following four divisions: Wealth Management, Investment Bank, Swiss Bank and Asset Management and four geographic regions: Switzerland, Europe, the Middle East and Africa (EMEA), Asia Pacific, and Americas. The Wealth Management division offers comprehensive wealth management and investment solutions, tailored financing, and advisory services to ultra-high-net-worth (UHNW) and high net-worth (HNW) individuals and external asset managers. The Investment Bank division offers a broad range of financial products and services focused on client-driven businesses and also supports Credit Suisse’s Wealth Management division and its clients. The Swiss Bank division offers comprehensive advice and a wide range of financial solutions to private, corporate, and institutional clients in Switzerland. The Asset Management division offers investment solutions and services globally to a broad range of clients, including pension funds, governments, foundations and endowments, corporations, and individuals. The company was founded by Alfred Escher on July 5, 1856 and is headquartered in Zurich, Switzerland.

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Credit Suisse Group AG has approached at least one Middle Eastern sovereign wealth fund for a capital injection, according to a source familiar with the situation, as the Swiss bank looks at ways to restructure its operations.

Credit Suisse approached Middle Eastern fund for capital injection - source

Credit Suisse shelled out US$495mln to settle a case related to mortgage-linked investments in the US. The Swiss lender has been paying billions since the 2008 financial crash to resolve legal cases linked to its residential mortgage-backed securities (RMBS) business.

Credit Suisse pays US$495mln to settle US case

Credit Suisse investment bank chief Christian Meissner will be leaving the Swiss bank once it has announced a strategic overhaul, a person with knowledge of the matter said on Monday.

Credit Suisse's Meissner to leave bank after overhaul, source says

Credit Suisse has agreed to pay $495 million to settle a case brought against it in the United States, the latest pay-out related to past blunders that have battered the Swiss bank's reputation.

Credit Suisse pays $495 mln to settle legacy case

The Swiss bank has been involved in several huge scandals in recent years.

Here's Why Credit Suisse Is in Trouble, but Not on the Brink of Failure

Credit Suisse is preparing to sell parts of its Swiss domestic bank as it attempts to close a capital hole of around 4.5 billion Swiss francs ($4.48 billion), the Financial Times reported on Saturday, citing people familiar with the matter.

Credit Suisse prepares Swiss business sales to raise capital - FT

Credit Suisse Group AG has held talks with a number of banks about underwriting a potential capital increase in case it needs to shore up its balance sheet, Bloomberg Law reported on Friday, citing people familiar with the matter.

Credit Suisse in talks with underwriters as it weighs capital options - report

Credit Suisse's chairman pledged on Friday to reform the bank after a "horrible" 2021 in which it lost billions of dollars.

Credit Suisse chairman pledges reform after 'horrible' year

As Credit Suisse finalises a much-anticipated restructuring, analysts are crunching the numbers on how much capital the bank may need and suggesting how best to plug that gap.

Credit Suisse capital gap conundrum draws analyst answers

Struggling Swiss bank Credit Suisse has reportedly received interest from Japanese lender Mizuho Financial Group to buy its securitized products unit, Bloomberg has reported, citing sources close to the matter.

Credit Suisse weighing offers for securitized product unit sale: report

Credit Suisse is considering selling its stake in Madrid-based tech company Allfunds to raise cash, Spanish newspaper Cinco Dias reported on Friday, citing unidentified market sources.

Credit Suisse considers Allfunds disposal, Cinco Dias reports

Credit Suisse shares have been suffering for a while since 2021. But the recent several months were a disaster for its shares. There have been rumors recently the bank is about to be liquidated.

Credit Suisse: Restructuring Does Not Mean Liquidation

Los Angeles, California--(Newsfile Corp. - October 12, 2022) - The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Credit Suisse Group AG ("Credit Suisse" or "the Company") (NYSE: CS) for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

INVESTIGATION NOTICE: The Schall Law Firm Encourages Investors in Credit Suisse Group AG with Losses of $100,000 to Contact the Firm

Credit Suisse, a major investment bank based in Geneva, Switzerland and dating back to the 1850s has been overrun with scandals, cash shortages, and seen its stock price dive in the past year and a half. Where does it end?

Credit Suisse: What Exactly Is Going On At The Global Investment Giant? Have They Hit Bottom Yet?

The cost of insuring the debt of Credit Suisse against default rose on Wednesday, while its bonds and shares fell, after reports that the Swiss lender of a U.S. tax investigation.

Credit Suisse debt insurance costs rise, bonds ease after tax probe report

An attorney for investors suing Credit Suisse Group AG told a jury in U.S. court on Tuesday that chats between traders prove the world's largest banks colluded to fix prices in the foreign exchange market between 2007 and 2013.

Credit Suisse faces trial on investors' currency rigging claims

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Credit Suisse's rating CS, -7.63% CSGN, -0.05% was kept at sell and had its price target lowered to 4.7 francs from 5.8 francs by Goldman Sachs. Analysts led by Chris Hallam said that given its view that investment bank requires restructuring while capital generation is minimal, it now views an equity raise as prudent to preserve a buffer.

Credit Suisse price target lowered by Goldman, which keeps rating at sell

The struggling financial firm has a lot of questions to answer.

Why Credit Suisse Stock Was Falling on Monday

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The Swiss bank's debt buyback plans come in an effort to calm market jitters related to its financial health. Credit Suisse shares jumped more than 10% on Friday.

Credit Suisse to buy back $3B in debt, sell Hotel Savoy

Around 10 bidders have submitted offers for the Swiss bank's securitized-products group.

Credit Suisse Ramps Up Efforts to Strengthen Finances

Credit Suisse said it will buy back up to $3 billion in its own bonds to save money on debt servicing costs while taking advantage of low prices.

Credit Suisse flexes muscle with $3 billion bond buyback

The Swiss lender is fighting back after earlier attempts to reassure investors and clients backfired.

News for Credit Suisse Stock (CS)