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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The Swiss lender is repurchasing a bunch of debt after investors dumped its stock earlier this week due to concerns about its financial health.

Credit Suisse shares jump 7% after the embattled bank launches a $3 billion bond-buyback program

Credit Suisse has offered to buy back US$3bn of its own debt in an attempt to draw a line under rumours about its financial health. Fears rose again yesterday when the bank put its five-star hotel in the centre of Zurich, the Savoy, up for sale.

Credit Suisse steadies ship with US$3bn loan buyback

The cost of insuring exposure to debt issued by Credit Suisse dropped on Friday after the Swiss lender said it would buy back up to 3 billion Swiss francs ($3 billion) of debt.

Credit Suisse five-year credit default swaps fall after debt buyback plan

"The transactions are consistent with our proactive approach to managing our overall liability composition," the bank said.

Credit Suisse to repurchase $3 billion of debt securities

Credit Suisse said on Friday it has made an offer to repurchase up to 3 billion Swiss francs ($3 billion) of senior debt securities.

Credit Suisse to buy back $3 bln of debt securities

Online forums, including Twitter and Reddit, have been playing an outsized role in affecting the value of companies like GameStop, AMC and Credit Suisse.

How a social media frenzy around Credit Suisse rattled its stock

Credit Suisse stock is showing curiously close correlations with yields and the USD. The recent recovery in Credit Suisse stock comes in tandem with the market pricing in more accommodative credit conditions going forward.

Credit Suisse: Main Cog In Predicting The USD And Yield Markets (Technical Analysis)

Rating agency Moody's Investors Service expects losses for Credit Suisse to swell to $3 billion by year-end, potentially bringing its core capital below the key 13% level, Moody's lead analyst on the bank told Reuters.

Moody's says Credit Suisse could suffer $3 bln loss in 2022

Bringing in a partner would help with funding as the lender tries to hire and retain staff.

Credit Suisse Is Seeking an Outside Investor for Investment Bank Spin Off

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The Securities and Exchange Commission recently dropped the hammer on banks for failing to comply with record-keeping laws.

Big Banks Were Hit With $1.8 Billion in Penalties: Here's Who Was Hit the Worst

The stock has collapsed this year as scandals and losses have continued to pile up.

Credit Suisse Is Now Trading for Pennies on the Dollar. Is the Embattled Stock a Buy?

Beleaguered bank Credit Suisse is looking to sell its famed Savoy Hotel, located on Paradeplatz in the centre of Zurich's financial district, it said on Thursday.

Credit Suisse looks to sell Zurich's Savoy Hotel

The Swiss National Bank (SNB) is following the situation at Credit Suisse closely, SNB Governing Board member Andrea Maechler told Reuters on Wednesday.

Swiss National Bank monitoring Credit Suisse situation - Maechler

Fast-spreading rumors circulating on Reddit and Twitter served as a reminder of the sway online forums can now exert over financial markets.

How a Social-Media Frenzy Around Credit Suisse Rattled Its Stock

Credit Suisse shares have dropped to record lows this week and derivatives bets against it have surged, but the Swiss lender is not even the most shorted European bank in Europe.

Short positions are building in Credit Suisse, but it's still not the European bank with the most bets against it.

European bank stocks have lagged their global peers for years. For example, the iShares Europe Financials ETF (EUFN) has crashed by more than 30% in 2022 while the SPDR Bank ETF has dropped by about 19%.

Top 3 cheapest European banks that money can buy

The deputy head of Credit Suisse's Asia-Pacific wealth management business Young Jin Yee has resigned, according to a company memo reviewed by Reuters and confirmed by a spokesperson for the Swiss bank.

Credit Suisse's deputy head of Asia wealth business resigns

Over the weekend, Credit Suisse (CS) raised global concerns over its financial stability.

Why Credit Suisse's Valuation is Down $16B Since January

Stocks rallied and fears over the bank's financial health eased.

Why Shares of Credit Suisse Are Rising Today

Credit Suisse's problems with excessive risk-taking came into focus about 18 months ago, when the implosion of Archegos Capital caused $5.5 billion of losses. Investors took note and concluded that there might be some structural problems with Credit Suisse's culture of risk taking/management.

Credit Suisse: Can The Bank Recover?

Social media speculation that Credit Suisse was on the brink of collapse sent shares of the Swiss bank on a wild ride in recent days, as investors traded off the frenzy and bought up protection in case of a default.

Credit Suisse angst shows just how freaked out markets are right now

It is hardly surprising to see Credit Suisse Group AG (NYSE:CS) attracting news headlines revolving around negative lines such as solvency, crisis, restructuring and crunch time as the banking group has over the years lurched from one crisis to another.   From the fake names for Ferdinand and Imelda Marcos scandal in 1986, the Japanese shredding crisis of 1999, US sanction breaches in 2009 and a number of tax evasion fines the Swiss banking giant has never been one to shy away from controversy.

Credit Suisse faces pressure to raise cash amid solvency concerns

Credit Suisse stock rose and the cost of insuring its debt fell on Tuesday morning, after concerns about its financial health had sent shares in the Swiss bank to record lows Monday.

Credit Suisse Stock Rises as Market Concerns Subside

After all the talk about the crashing British pound last week, it seems that the trouble in Europe doesn't end there.

Is Credit Suisse Going Bust?

Credit Suisse's stock (NYSE: CS) has lost approximately 59% YTD, as compared to the 26% drop in the S&P500 over the same period.

News for Credit Suisse Stock (CS)