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Credit Suisse Group AG (CSGN.S)

CSGN.S on Virt-X Level 1

14.86CHF
11:31am EDT
Change (% chg)

CHF0.10 (+0.68%)
Prev Close
CHF14.77
Open
CHF14.88
Day's High
CHF14.90
Day's Low
CHF14.77
Volume
4,413,783
Avg. Vol
9,459,589
52-wk High
CHF18.81
52-wk Low
CHF13.65

Latest Key Developments (Source: Significant Developments)

Capital One Announces Sale Of About $17 Bln Of Mortgages To DLJ Mortgage Capital Inc, A Subsidiary Of Credit Suisse AG
Tuesday, 8 May 2018 09:25am EDT 

May 8 (Reuters) - Capital One Financial Corp ::CAPITAL ONE ANNOUNCES SALE OF APPROXIMATELY $17 BILLION OF MORTGAGES TO DLJ MORTGAGE CAPITAL, INC., A SUBSIDIARY OF CREDIT SUISSE AG.CAPITAL ONE FINANCIAL CORP - COMPANY EXPECTS TO COMPLETE TRANSACTION AND RECORD A GAIN IN Q2 OF 2018.CAPITAL ONE FINANCIAL CORP - EXPECTS TO RESUME REPURCHASING SHARES OF STOCK THROUGH END OF Q2 OF 2018 UNDER EXISTING BOARD AUTHORIZATION.  Full Article

Credit Suisse reiterates 2018 targets - Head of Comms
Wednesday, 25 Apr 2018 01:56am EDT 

April 25 (Reuters) - Credit Suisse Group head of communications in a call with Reuters said::REITERATE WITH CONFIDENCE OUR 2018 TARGETS.TOO EARLY TO COMMENT ON HOW SECOND QUARTER IS SHAPING UP.  Full Article

Swiss banks face house price correction risk but can weather downturn-Moody's
Thursday, 15 Mar 2018 02:04am EDT 

March 15 (Reuters) - Swiss banks::MOODY'S - GIVEN STRICT REGULATION, STRONG POSITION OF SWISS HOUSEHOLDS AND RECENT SLOW-DOWN IN HOUSE PRICE GROWTH, SWISS BANKS BETTER OFF THAN PEERS IN AUSTRALIA, CANADA, AND SWEDEN TO WITHSTAND ADVERSE SCENARIOS IN REAL ESTATE MARKET.MOODY'S - TWELVE YEARS OF RISING HOUSE PRICES, TOGETHER WITH VERY HIGH HOUSEHOLD INDEBTEDNESS, HAVE INCREASED RISKS FOR SWISS BANKS.MOODY'S - SOME 64% OF SWISS BANKS' DOMESTIC LENDING IS LINKED TO RESIDENTIAL REAL ESTATE, ACCORDING TO THE SWISS NATIONAL BANK, AND HOUSEHOLD DEBT STANDS AT 213% OF DISPOSABLE INCOME, ONE OF THE HIGHEST LEVELS GLOBALLY.MOODY'S - THIS PUTS SWISS BANKS AT RISK OF LOSSES IN AN EXTREMELY ADVERSE SCENARIO, THOUGH MOODY'S BASE CASE EXPECTATION REMAINS A SOFT LANDING.  Full Article

Credit Suisse is sued in U.S. over investor losses from inverse VIX ETNs
Wednesday, 14 Mar 2018 05:57pm EDT 

March 14 (Reuters) - Credit suisse is sued over losses related to credit suisse velocityshares daily inverse vix short term exchange traded notes -- u.s. Court filing:.  Full Article

U.S. judge narrows FDIC lawsuit against banks over RMBS bought by Colonial Bank
Friday, 2 Mar 2018 04:18pm EST 

March 2 (Reuters) - Fdic, as colonial's receiver, sued units of credit suisse, deutsche bank, first horizon, hsbc, rbs, ubs and wells fargo:.  Full Article

Credit Suisse To Appeal Texas ruling in Highland/NexPoint case
Friday, 23 Feb 2018 03:38am EST 

Feb 23 (Reuters) - Credit Suisse Group AG ::CREDIT SUISSE AG INTENDS TO SEEK APPEAL IN TEXAS COURT OF APPEALS.  Full Article

Credit Suisse CEO says can't predict if will face suit over ETN
Wednesday, 14 Feb 2018 01:50am EST 

Feb 14 (Reuters) - Credit Suisse Group AG ::CREDIT SUISSE CEO SAYS CANNOT PREDICT WHETHER BANK WILL FACE LITIGATION OVER VOLATILITY-LINKED EXCHANGE-TRADED NOTES PRODUCT.  Full Article

Credit Suisse CEO says don't see market downside in this economy
Wednesday, 14 Feb 2018 01:50am EST 

Feb 14 (Reuters) - Credit Suisse Group AG ::CREDIT SUISSE CEO SAYS ON MARKETS: DON'T SEE A DOWNSIDE IN THIS ECONOMY - BLOOMBERG TV.CREDIT SUISSE CEO SAYS ON VOLATILITY-LINKED ETN: PROSPECTUS WAS VERY CLEAR THAT THIS WAS A PRODUCT FOR VERY SOPHISTICATED INVESTORS FOR INTRADAY TRADING - BLOOMBERG TV.  Full Article

Hong Kong SFC Reprimands And Fines Credit Suisse In Hong Kong For Regulatory Breaches
Thursday, 8 Feb 2018 03:52am EST 

Feb 8 (Reuters) - Hong Kong Securities and Futures Commission::SAYS REPRIMANDS AND FINES CREDIT SUISSE (HONG KONG) LIMITED, CREDIT SUISSE SECURITIES (HONG KONG) LIMITED AND CREDIT SUISSE AG HK$39.3 MILLION ($5.03 million) FOR REGULATORY BREACHES.  Full Article

Credit Suisse Announces Coupon Payments
Tuesday, 6 Feb 2018 08:30am EST 

Feb 6 (Reuters) - Credit Suisse AG [RIC:RIC:CSAG.UL]::CREDIT SUISSE ANNOUNCES COUPON PAYMENTS AND EXPECTED COUPON PAYMENTS ON CREDIT SUISSE X-LINKS® EXCHANGE TRADED NOTES (THE "ETNS").CREDIT SUISSE - ‍ON FEBRUARY 6, 2018, CREDIT SUISSE ANNOUNCED EXPECTED COUPON PAYMENTS FOR CERTAIN ETNS​.  Full Article

MOVES-Credit Suisse forms new Wealth Management regions

ZURICH, Aug 16 Credit Suisse has appointed seven new regional managers at its International Wealth Management unit, cutting out a layer of upper management in its largest private banking business.