Credit Suisse Group AG (CS)
After hours:
| Previous Close | 5.50 |
| Open | 5.55 |
| Bid | 0.00 x 29200 |
| Ask | 0.00 x 36100 |
| Day's Range | 5.55 - 5.69 |
| 52 Week Range | 5.05 - 11.04 |
| Volume | |
| Avg. Volume | 15,958,661 |
| Market Cap | 14.61B |
| Beta (5Y Monthly) | 1.58 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.68 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.10 (1.82%) |
| Ex-Dividend Date | May 09, 2022 |
| 1y Target Est | 6.79 |
- Reuters
Credit Suisse at big risk from Credito Real bankruptcy - media
MEXICO CITY (Reuters) -Credit Suisse is among the lenders owed the most money by embattled Mexican finance company Credito Real, which has begun bankruptcy proceedings for $2.6 billion in debts, a local business newspaper reported Thursday. Private documents show that Credit Suisse is owed over $100 million by Credito Real, according to a report from Mexican business paper El CEO. Credit Suisse declined to comment about the report.
- Reuters
UPDATE 1-Credit Suisse mulls cutting thousands of jobs globally, report says
Credit Suisse Group AG is discussing slashing thousands of jobs globally, Bloomberg News reported on Thursday, citing people familiar with the matter. Hours after the news, Fitch Ratings cut Credit Suisse's rating and kept a negative outlook for the bank, joining Moody's Investors Service, which earlier this month had downgraded Switzerland's second-biggest bank. Credit Suisse has named restructuring expert Koerner as CEO to scale back investment banking and slash costs to help the bank recover from a string of scandals and losses.
- Reuters
Credit Suisse mulls cutting thousands of jobs globally, report says
Hours after the news, Fitch Ratings cut Credit Suisse's rating and kept a negative outlook for the bank, joining Moody's Investors Service, which earlier this month had downgraded Switzerland's second-biggest bank. Credit Suisse has named restructuring expert Koerner as CEO to scale back investment banking and slash costs to help the bank recover from a string of scandals and losses. The Swiss bank is expected to finalize plans over the next couple of months and is examining inefficiencies in its middle and back office, in addition to efforts to reshape its investment bank, Bloomberg reported.
