Credit Suisse Group AG (CS)
|Net Income (ttm)||3.03B|
|Ex-Dividend Date||Dec 3, 2020|
|Day's Range||10.53 - 10.63|
|52-Week Range||9.18 - 14.87|
|Price Target||15.69 (+48.5%)|
|Est. Earnings Date||Nov 4, 2021|
Credit Suisse Group AG, together with its subsidiaries, provides various financial services in Switzerland, Europe, the Middle East, Africa, the Americas, and Asia Pacific. The company offers private banking and wealth management solutions, including advisory, investment, financial planning, succession planning, and trust services; and financing and lending, and multi-shore platform solutions. It also provides traditional and structured lending, payment, foreign exchange, capital goods leasing, merger and acquisition, syndication, structured fi... [Read more...]
In 2020, CS's revenue was 22.39 billion, a decrease of -0.42% compared to the previous year's 22.48 billion. Earnings were 2.67 billion, a decrease of -21.94%.Financial numbers in millions CHFFinancial Statements
According to 2 analysts, the average rating for CS stock is "Buy." The 12-month stock price forecast is 15.69, which is an increase of 48.46% from the latest price.
Crisis-ridden Credit Suisse is going on the offensive under new Chairman Antonio Horta-Osorio by providing free services for investors in collapsed supply chain finance funds linked to Greensill, a pers...
Credit Suisse is looking to recoup the external costs it is incurring to recover money for investors in its insolvent supply chain finance funds linked to Greensill, the Swiss bank said on Thursday.
ZURICH (Reuters) -Credit Suisse remains on track to lay out its strategic overhaul this year after "working relentlessly to solve the issues that have been holding us back", Chairman Antonio Horta-Osori...
ZURICH (Reuters) -Credit Suisse has appointed company veterans Nitesh Patel and Roger Senteler as interim co-heads of group internal audit, Switzerland's second-biggest bank told employees as it tries t...
Credit Suisse is set to pay back another $400 million this week to investors in insolvent supply chain finance funds linked to Greensill, the Swiss bank said on Monday.
Credit Suisse will extend time off for childcare and holidays and will let senior managers take sabbaticals under new rules for Swiss staff to take effect next year, Switzerland's second-biggest bank sa...
Credit Suisse's board of directors is convinced Chief Executive Thomas Gottstein is the right person to strategically realign the bank by curbing risk appetite, the Swiss bank's chairman said in a newsp...
According to the Aggregated Portfolio of Gurus, a Premium feature, five China-based stocks broadly sold by gurus over the past three months include Baidu Inc. ( BIDU , Financial), New Oriental Education...
A first insurance claim has been filed and more are being prepared in Credit Suisse's efforts to recover funds from its insolvent supply chain finance linked to Greensill, the Swiss bank said on Tuesday.
HSBC agrees to acquire AXA Singapore insurance assets for $575 million as part of its efforts to expand its wealth business in Asia.
Swiss bank Credit Suisse said on Friday (Aug. 13) it wants to add two risk experts to its non-executive board in the wake of a pair of recent scandals. Credit Suisse lost $5.5 billion as it tried to un...
Credit Suisse wants to appoint two risk experts to its non-executive board, Switzerland's second biggest bank said on Friday, as it seeks to repair the damage caused by the Archegos and Greensill affairs.
Credit Suisee has has paid $400 million more to investors affected by the Greensill-linked fund mess, bringing the total to nearly $6 billion, Reuters reported. Greensill Capital provided supply chain f...
Credit Suisse will repay another $400 million to investors in its Greensill-linked supply chain finance funds, the Swiss bank said on Friday.
Credit Suisse Chairman Antonio Horta-Osorio has bought another 1 million Swiss francs ($1.1 million) worth of shares in the group as he tries to restore order to Switzerland's second-biggest bank.
Weeks before Archegos collapsed, Credit Suisse received what would turn out to be one of its final warnings from a junior analyst about the hedge fund's impending disaster. Just as with earlier red flag...
Credit Suisse expects Swiss watchdog FINMA's proceedings over the bank's 2019 spying scandal to wrap up soon, Chief Executive Thomas Gottstein said on Thursday, while its discussions with the supervisor...
Accident like Archegos must not happen again, Credit Suisse CEO says
Credit Suisse CEO Thomas Gottstein discusses the lender's independent investigation into Archegos and how the bank is retaining staff following the scandal. He speaks with CNBC's Geoff Cutmore.
Credit Suisse CEO: Achieved second-quarter goals despite Archegos challenges
Credit Suisse CEO Thomas Gottstein discusses the Swiss lender's second-quarter earnings and the fallout from the Archegos scandal. He speaks with CNBC's Geoff Cutmore.
Credit Suisse on Thursday posted a 78% fall in second-quarter net profit, as a steep drop in its investment banking revenues sharpened the blow from recent Archegos and Greensill scandals.
It was unable to capitalize on it and reported negative net income due to the impact of the Archegos Capital crisis – the hedge fund collapsed after having borrowed extensively from several banks to fin...