Canada markets closed

Credit Suisse Group AG (CS)

NYSE - Nasdaq Real Time Price. Currency in USD
Add to watchlist
4.1400-0.5700 (-12.10%)
At close: 04:00PM EDT
4.1400 0.00 (0.00%)
After hours: 07:56PM EDT
Full screen
Loading interactive chart...
  • Reuters

    Credit Suisse aims for stronger franchise from global review

    Credit Suisse's top two executives have told staff the bank is working to establish a stronger franchise in the longer term, according to a memo seen by Reuters on Saturday, amid uncertainty over a global review of its operations. The memo sent by Chairman Axel Lehmann and Chief Executive Ulrich Koerner said a "heightened level of media and market speculation" regarding the review had raised questions among the bank's staff and clients. Reuters reported on Thursday that Credit Suisse had sounded out investors about a possible capital raising as it attempts a radical overhaul of its investment bank.

  • Reuters

    Credit Suisse aims for stronger franchise from global review - memo

    Credit Suisse's top two executives have told staff the bank is working to establish a stronger franchise in the longer term, according to a memo seen by Reuters on Saturday, amid uncertainty over a global review of its operations. The memo sent by Chairman Axel Lehmann and Chief Executive Ulrich Koerner said a "heightened level of media and market speculation" regarding the review had raised questions among the bank's staff and clients. Reuters reported on Thursday that Credit Suisse had sounded out investors about a possible capital raising as it attempts a radical overhaul of its investment bank.

  • Motley Fool

    Why Shares of Credit Suisse Are Falling Today

    Share of the Swiss bank Credit Suisse (NYSE: CS) are trading roughly 11.7% down as of 11:26 a.m. ET today after rumors of a potential capital raise spooked investors. Citing anonymous sources, Reuters reported today that Credit Suisse is speaking with investors about potentially raising capital as the beleaguered bank continues to attempt to turn itself around. The Reuters report also suggested that as Credit Suisse revamps its investment banking operations, it is considering exiting the U.S. market, although a Credit Suisse spokesperson responded to the report, saying the bank has no plans to do so.