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Stock Market & Financial Investment News

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April 16, 2014
06:15 EDTCSCredit Suisse reports Q1 net income CHF 859M vs. CHF 1.3B last year
Reports Q1 revenue CHF 6.47B vs. CHF 7.0B last year. Credit Suisse's Basel III CET1 ratio as of the end of Q1 was 14.3%, compared to 15.7% as of the end of Q4. The company said it is on track to achieve targeted run-off of non-strategic units. Its CEO said, "For the first quarter, we achieved a return on equity of 14% in our strategic businesses, well within reach of our 15% through-the-cycle target. This strong performance was driven by significantly improved profitability in Private Banking & Wealth Management, solid returns in Investment Banking and continued effective cost and capital management."
News For CS From The Last 14 Days
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January 28, 2015
16:56 EDTCSFederal judge says FOREX manipulation case to proceed, Reuters reports
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January 27, 2015
10:00 EDTCSOn the Fly: Analyst Downgrade Summary
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08:20 EDTCSFCC to hold a conference
Small Business and Emerging Technologies Conference is being held at FCC Washington, D.C. with webcasted presentations to begin at 9 am. Webcast Link
06:52 EDTCSEuropean Central Bank raises capital requirements for banks, WSJ says
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05:07 EDTCSCredit Suisse downgraded to Hold from Buy at Jefferies
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January 20, 2015
08:41 EDTCSCredit Suisse's capital ratios not changed by unstable Swiss franc, Reuters says
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06:39 EDTCSCredit Suisse will charge certain clients for franc accounts, Reuters says
On January 22, Credit Suisse will begin charging some large corporate clients for franc accounts in order to introduce negative interest rates, reports Reuters, citing Credit Suisse spokeswoman Daniela Haesler. Reference Link

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