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United States

Credit Suisse Group AG (CSGN.S)

CSGN.S on Virt-X Level 1

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11:30am EDT
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Latest Key Developments (Source: Significant Developments)

Lyft Picks Underwriters for IPO in 2019- WSJ
12:43pm EDT 

Oct 16 (Reuters) - :LYFT PICKS UNDERWRITERS FOR IPO IN 2019- WSJ, CITING SOURCES.JPMORGAN CHASE WILL LEAD LYFT'S OFFERING ALONG WITH CREDIT SUISSE GROUP AG AND JEFFERIES GROUP; VALUATION IS EXPECTED TO TOP $15.1 BILLION - WSJ.  Full Article

Credit Suisse AG Announces Reverse Splits Of Its Ugld And Uslv Etns
Thursday, 20 Sep 2018 08:00am EDT 

Sept 20 (Reuters) - Credit Suisse Group AG ::CREDIT SUISSE AG ANNOUNCES REVERSE SPLITS OF ITS UGLD AND USLV ETNS.CREDIT SUISSE GROUP AG - TO IMPLEMENT 1-FOR-10 REVERSE SPLIT OF VELOCITYSHARES 3X LONG GOLD ETNS AND VELOCITYSHARES 3X LONG SILVER ETNS.  Full Article

Goldman Sachs Nears Deal To Spin Off 'Simon' App - WSJ
Wednesday, 19 Sep 2018 10:04am EDT 

Sept 19 (Reuters) - :GOLDMAN SACHS NEARS DEAL TO SPIN OFF 'SIMON' APP - WSJ, CITING SOURCES.DEAL BEING DISCUSSED WOULD VALUE GOLDMAN'S SIMON APP AT ABOUT $100 MILLION; DEAL LIKELY TO BE FINALIZED IN THE COMING WEEKS - WSJ, CITING SOURCES.JP MORGAN, BARCLAYS, HSBC, CREDIT SUISSE, WELLS FARGO AND INSURER PRUDENTIAL FINANCIAL IN ADVANCED TALKS WITH GOLDMAN TO TAKE STAKES IN SIMON - WSJ.  Full Article

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

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Lyft selects JPMorgan, Credit Suisse for IPO in 2019: source

Ride-hailing company Lyft Inc has chosen JPMorgan Chase & Co, Credit Suisse and Jefferies as underwriters for its initial public offering, slated for the first half of 2019, according to a person familiar with the matter.