Search Results for: Credit Suisse Group AG
Credit Suisse Said to Face Money-Laundering Probe in Italy
February 23rd, 2016
Bank also said to be probed for tax evasion in Milan case Bank says business has clear rules, focused on declared assets Milan prosecutors are investigating Credit Suisse Group AG on suspicion of money laundering and tax evasion over ...
Credit Suisse announces full-year and 4Q15 results
February 4th, 2016
Credit Suisse reported Group FY2015 pre-tax loss of CHF 2,422 million and 4Q15 pre-tax loss of CHF 6,441 million, including substantial charges which are not reflective of our underlying business performance: goodwill impairment of CHF 3.8 billion, restructuring costs ...
Barclays, Credit Suisse Charged With Dark Pool Violations
February 1st, 2016
The latest update regarding the charges is that Barclays and Credit Suisse Agree to Dark Pools Settlements Barclays Plc and Credit Suisse Group AG agreed to settle allegations by New York’s top cop and the U.S. Securities and Exchange ...
Credit Suisse upgrades interdealer broker ICAP
January 28th, 2016
Credit Suisse upgraded interdealer broker ICAP to ‘outperform’ from ‘neutral’ saying deal synergies and the stock’s re-rating potential appeared to be undervalued. In November, ICAP announced plans to sell its global broking division to Tullett Prebon. The enlarged group ...
Credit Suisse, Barclays and Deutsche Bank under new management
December 28th, 2015
In 2015, new bank chief executives have been rather like buses. You wait ages while anger mounts over regulation of the service, then three turn up at once. In the space of seven months in 2015, a trio of ...
Swiss GDP Unexpectedly Stagnates in Third Quarter
December 1st, 2015
Export growth driven solely by chemicals, pharmaceuticals SNB to hold rate decision on Dec. 10, may react to ECB easing Swiss economic growth unexpectedly stalled in the third quarter, with momentum held back by weak performance in the energy, ...
CS is first of post-2007 ventures to win China brokerage approval
November 26th, 2015
CS is first of post-2007 ventures to win approval China gradually loosens rules for foreign players Licence limited to Qianhai area (Recasts, adds context on China reforms) Credit Suisse Group AG said on Thursday its investment banking joint venture in ...
Credit Suisse Brokers Decamp for UBS
November 20th, 2015
Most recent move sees UBS hire Los Angeles team of four advisers who oversaw $1.8 billion UBS Group AG is proving to be an attractive destination for Credit Suisse Group AG’s U.S. brokers. In recent weeks, 16 Credit Suisse brokers managing ...
Credit Suisse plans trading floor for Dublin
November 16th, 2015
Swiss bank wants to move 40 traders and 60 support staff to Ireland as part of a cost-cutting drive Credit Suisse is on course to become the first international bank to set up a major trading floor in Dublin. The ...
Virtusa Announces Definitive Agreement to Acquire a Majority Interest in Polaris Consulting & Services, Ltd.
November 5th, 2015
Virtusa and Polaris would together create a leading global provider of end-to-end IT services and solutions to banking and financial services (“BFS”) industry segment. Virtusa and Polaris collectively will have approximately 18,000 (1) employees, generating $826 million of pro ...
