Previous Close | 6.53 |
Open | 6.71 |
Bid | 0.00 x 45100 |
Ask | 0.00 x 27000 |
Day's Range | 6.67 - 6.80 |
52 Week Range | 6.07 - 11.19 |
Volume | |
Avg. Volume | 14,083,231 |
Market Cap | 17.33B |
Beta (5Y Monthly) | 1.55 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -0.67 |
Earnings Date | N/A |
Forward Dividend & Yield | 0.10 (1.58%) |
Ex-Dividend Date | May 09, 2022 |
1y Target Est | 8.18 |
ZURICH (Reuters) -Credit Suisse Group AG's credit rating has been downgraded to BBB from BBB+ by Standard & Poors, a blow for the Swiss bank which reported a first quarter loss and is facing increasing shareholder unrest following a string of scandals. Its outlook was changed to stable from negative, the rating agency said. Credit Suisse reported a first-quarter loss last month and launched a management overhaul after racking up billions in losses during 2021 from failed investments.
Swiss bank Credit Suisse is close to a settlement with West Virginia Governor Jim Justice over the $690 million his mining company Bluestone Resources owes the bank's clients, the Financial Times reported on Monday, citing sources. The Swiss bank has been focusing on some of the loans provided by Greensill Capital, which imploded in March last year, to three counterparties including coal miner Bluestone, for which late payments have accrued.
Citing people familiar with the matter, Bloomberg said the board has held early talks on removing Gottstein. Gottstein took on the top job in 2020 and has since steered the bank through a string of scandals.