Credit Suisse Group AG ADR (CS) News

Credit Suisse Group AG ADR (CS): $3.59

-0.24 (-6.27%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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Industry: Foreign Banks


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CS News Results

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CS News Highlights

  • For CS, its 30 day story count is now at 30.
  • Over the past 27 days, the trend for CS's stories per day has been choppy and unclear. It has oscillated between 2 and 12.
  • AG, DE and PRE are the most mentioned tickers in articles about CS.

Latest CS News From Around the Web

Below are the latest news stories about CREDIT SUISSE GROUP AG that investors may wish to consider to help them evaluate CS as an investment opportunity.

Credit Suisse warns of up to $1.6 billion in losses following client pullouts

Yahoo Finance Live anchors discuss Credit Suisse's warning after the bank's clients have withdrawn money.

Yahoo | November 23, 2022

Credit Suisse: customers are bailing out as shareholders are buying in

A stronger balance sheet is part of the bank’s proposed rejig but weakness in wealth management threatens that aspiration

Yahoo | November 23, 2022

Walmart shooting leaves 7 dead, Credit Suisse flags Q4 loss, judge suggests Texas prison for Elizabeth Holmes

Notable business headlines include a Walmart shooting in Virginia that left six people and the assailant dead, Credit Suisse flagging a fourth-quarter loss of up to $1.6 billion, and a judge suggesting Elizabeth Holmes serve her sentence in a Texas prison camp.

Yahoo | November 23, 2022

Credit Suisse shareholders back $4.2 billion capital raise

Credit Suisse shareholders overwhelmingly approved a plan to raise 4 billion francs ($4.2 billion) on Wednesday.

Yahoo | November 23, 2022

Midday movers: Deere, Credit Suisse, Nordstrom and more

By Liz Moyer

Yahoo | November 23, 2022

Credit Suisse Warns of $1.6 Billion Loss After Clients Pull Money

The customer outflows come at a precarious time for Switzerland’s No. 2 bank by assets, which weeks ago launched a sweeping overhaul of its operations.

Yahoo | November 23, 2022

Credit Suisse shares tumble after bank flags $1.6 billion 4Q loss amid wealth management strain

Lower deposits and assets under management are set to lead to reduced net interest income and recurring commissions and fees, which will drag wealth management into a loss in the three months to the end of the year, the Swiss lender said.

Yahoo | November 23, 2022

Credit Suisse shareholders approve 4 billion Swiss franc capital raise

Credit Suisse shareholders approved on Wednesday a 4 billion Swiss franc ($4.20 billion) share capital hike intended to fund the embattled Swiss bank's turnaround. Some 92% and 98% of shareholders at an extraordinary general meeting supported the two share capital increases which were first proposed last month under the scandal prone bank's restructuring plan. "Today’s vote by shareholders marks a further important step in our journey to build the new Credit Suisse" chairman Axel Lehmann said after Wednesday's result.

Yahoo | November 23, 2022

UPDATE 2-Credit Suisse shareholders approve 4 billion Swiss franc capital raise

Credit Suisse shareholders on Wednesday approved a 4 billion Swiss franc ($4.20 billion) equity capital hike earmarked to finance the embattled Swiss bank's turnaround. Some 92% and 98% of shareholders at an extraordinary general meeting supported the two share capital increases which were first proposed last month under the scandal-prone bank's restructuring plan. "Today’s vote by shareholders marks a further important step in our journey to build the new Credit Suisse" chairman Axel Lehmann said.

Yahoo | November 23, 2022

Credit Suisse slumps after flagging $1.6 billion loss; capital raise approved

By Geoffrey Smith

Yahoo | November 23, 2022


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