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USA
Credit Suisse, BNP May Take YPF Stake as Eskenazis Default
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May 17 (Bloomberg) -- Credit Suisse Group AG, BNP Paribas SA and two other banks may take over a stake in YPF SA, Argentina's largest oil company, after shareholder Petersen Energia SA defaulted on a loan. The company owned by Argentina's Eskenazi ...
http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2012/05/17/bloomberg_articlesM463LS6KLVR501-M46OZ.DTL
http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2012/05/17/bloomberg_articlesM463LS6KLVR501-M46OZ.DTL
Posted on: May 18, 2012 at 1:05 am
0
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USA
RBC, Credit Suisse among bidders for BofA wealth units: sources
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TO) and Credit Suisse (CSGN.VX) are among suitors who have put in initial bids to buy the non-US wealth management business of Bank of America (BAC.N) in a deal that could be worth about $2 billion, sources said. Swiss bank Julius Baer (BAER.
http://www.reuters.com/article/2012/05/17/us-bofa-wealth-idUSBRE84G05320120517
http://www.reuters.com/article/2012/05/17/us-bofa-wealth-idUSBRE84G05320120517
Posted on: May 17, 2012 at 1:08 am
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USA
Credit Suisse slates more New York layoffs
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(Reuters) - Credit Suisse Group (CSGN.VX) plans to fire 126 employees in the New York area, according to a notification the bank sent to New York State's Department of Labor on Tuesday. The layoffs, which will extend through August 6, ...
http://www.reuters.com/article/2012/05/15/us-credit-suisse-layoffs-idUSBRE84E1MV20120515
http://www.reuters.com/article/2012/05/15/us-credit-suisse-layoffs-idUSBRE84E1MV20120515
Posted on: May 16, 2012 at 1:05 am
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USA
Credit Suisse's Quintella to Run Asset-Management Firm
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Credit Suisse Group AG (CSGN), the second- largest Swiss bank, is creating an asset-management firm in Brazil as interest-rate declines create opportunities for hedge- fund managers. The firm will be a partnership between the Zurich-based bank and a ...
http://www.bloomberg.com/news/2012-05-15/credit-suisse-s-quintella-to-run-asset-management-firm.html
http://www.bloomberg.com/news/2012-05-15/credit-suisse-s-quintella-to-run-asset-management-firm.html
Posted on: May 15, 2012 at 1:05 am
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USA
Credit Suisse May Be Looking for CEO Successor, Sonntag Reports
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Credit Suisse Group AG (CSGN)'s board of directors may be looking for a successor for Chief Executive Officer Brady Dougan, Der Sonntag reported, citing an unidentified Credit Suisse banker. The board's highest priority is to examine top management ...
http://www.bloomberg.com/news/2012-05-13/credit-suisse-may-be-looking-for-ceo-successor-sonntag-reports.html
http://www.bloomberg.com/news/2012-05-13/credit-suisse-may-be-looking-for-ceo-successor-sonntag-reports.html
Posted on: May 14, 2012 at 1:05 am
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USA
Credit Suisse says Americas boss to step down
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By Katharina Bart | ZURICH (Reuters) - Credit Suisse (CSGN.VX) on Friday said its Americas head Antonio Quintella would leave the Swiss bank's management board at the end of the month and move to Sao Paulo as chairman of its Hedging-Griffo unit.
http://www.reuters.com/article/2012/05/11/us-creditsuisse-idUSBRE84A0W920120511
http://www.reuters.com/article/2012/05/11/us-creditsuisse-idUSBRE84A0W920120511
Posted on: May 12, 2012 at 1:05 am
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USA
Credit Suisse, Goldman Sachs Cut A$ Forecasts
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SYDNEY (Dow Jones)--Credit Suisse and Goldman Sachs, two of the world's biggest foreign exchange dealing houses, on Friday sharply lowered their outlook for the Australian dollar blaming slower economic data and weakening demand for Australian debt.
http://online.wsj.com/article/SB10001424052702304203604577396921697815792.html?mod=googlenews_wsj
http://online.wsj.com/article/SB10001424052702304203604577396921697815792.html?mod=googlenews_wsj
Posted on: May 11, 2012 at 1:05 am
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USA
Credit Suisse cuts S&P 500 on 15 pct chance of Greece exiting euro
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Reduces S&P 500 index year-end target to 1450 from 1470 * Says cut reflects higher probability of a Greek exit May 9 (Reuters) - Credit Suisse cut its year-end target on the S&P 500 index to 1450 from 1470, saying the probability of a complete break-up ...
http://www.reuters.com/article/2012/05/09/sandp500-research-creditsuisse-idUSL4E8G971620120509
http://www.reuters.com/article/2012/05/09/sandp500-research-creditsuisse-idUSL4E8G971620120509
Posted on: May 10, 2012 at 1:04 am
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USA
Haven Demand to Persist, Credit Suisse's Jersey Says: Tom Keene
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Global investors' demand for the relative safety of US Treasuries will continue, pushing yields lower, amid concern Europe's debt crisis will worsen, according to Credit Suisse Group AG's Ira Jersey. “The flight-to-quality bid for Treasuries just seems ...
http://www.bloomberg.com/news/2012-05-08/haven-demand-to-persist-credit-suisse-s-jersey-says-tom-keene.html
http://www.bloomberg.com/news/2012-05-08/haven-demand-to-persist-credit-suisse-s-jersey-says-tom-keene.html
Posted on: May 9, 2012 at 1:05 am
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USA
Credit Suisse to Seek China Trading License as Rules Eased
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Credit Suisse Group AG (CSGN) plans to boost capital at its Chinese joint venture and apply for a stock trading permit in the country, as the government loosens restrictions on foreign investment banks. Credit Suisse will move bankers to China to take ...
http://www.bloomberg.com/news/2012-05-08/credit-suisse-to-seek-china-stock-trading-permit-with-new-rules.html
http://www.bloomberg.com/news/2012-05-08/credit-suisse-to-seek-china-stock-trading-permit-with-new-rules.html
Posted on: May 8, 2012 at 1:05 am
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USA
Credit Suisse passes the sticky test for European prime brokerage
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The test for Credit Suisse's prime brokerage division – the single biggest beneficiary of a shift in market share during the financial crisis – was always going to be whether it could hang on to the new business. The financial crisis broke down the ...
http://www.efinancialnews.com/story/2012-05-06/credit-suisse-prime-brokerage-test?mod=sectionheadlines-PE-IB
http://www.efinancialnews.com/story/2012-05-06/credit-suisse-prime-brokerage-test?mod=sectionheadlines-PE-IB
Posted on: May 7, 2012 at 1:04 am
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USA
Ex-Credit Suisse Executives Reunite With Oswald Gruebel
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By Bradley Keoun and Michael J. Moore on May 04, 2012 Former Credit Suisse (CSGN) Group AG executives Jack DiMaio, David Moffitt and Chris Ricciardi formed an investment firm to buy financial companies and recruited Oswald Gruebel, the Swiss bank's ...
http://www.businessweek.com/news/2012-05-04/ex-credit-suisse-executives-reunite-with-oswald-gruebel
http://www.businessweek.com/news/2012-05-04/ex-credit-suisse-executives-reunite-with-oswald-gruebel
Posted on: May 5, 2012 at 1:11 am
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USA
Credit Suisse Continues Americas Buildup, Plans More Office Openings
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By Brett Philbin Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Credit Suisse Group AG's (CS, CSGN.VX) Private Banking Americas unit is on track to boost its relationship manager headcount by roughly 20% over the next three to four years and is weighing ...
http://online.wsj.com/article/BT-CO-20120503-723977.html
http://online.wsj.com/article/BT-CO-20120503-723977.html
Posted on: May 4, 2012 at 1:05 am
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USA
Credit Suisse Liquid Alternative Beta ("LAB") Index Down 0.27% in April
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NEW YORK, May 2, 2012 /PRNewswire via COMTEX/ -- The Credit Suisse LAB Index was down 0.27% in April according to Dr. Jordan Drachman, Head of Research for Alternative Beta Strategies at Credit Suisse. Dr. Drachman noted, "The Credit Suisse Liquid ...
http://www.marketwatch.com/story/credit-suisse-liquid-alternative-beta-lab-index-down-027-in-april-2012-05-02
http://www.marketwatch.com/story/credit-suisse-liquid-alternative-beta-lab-index-down-027-in-april-2012-05-02
Posted on: May 3, 2012 at 1:05 am
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USA
UBS Profit Drops 54% on Investment Bank, Debt Charge
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Credit Suisse Group AG, its biggest Swiss rival, has fallen 1.6 percent. Investment Bank UBS said in November it intends to cut risk-weighted assets at the investment bank by 145 billion francs from 300 billion francs by 2016, under Basel III rules.
http://www.bloomberg.com/news/2012-05-02/ubs-profit-drops-54-on-investment-bank-debt-charge.html
http://www.bloomberg.com/news/2012-05-02/ubs-profit-drops-54-on-investment-bank-debt-charge.html
Posted on: May 2, 2012 at 1:04 am
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USA
Credit Suisse's Asset Management Division Releases the Q2 2012 Edition of the ...
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NEW YORK, April 30, 2012 /PRNewswire via COMTEX/ -- Credit Suisse's Asset Management division today announced the release of the second quarter 2012 edition of its "Alternatives Quarterly." This publication, accompanied by a short video, ...
http://www.marketwatch.com/story/credit-suisses-asset-management-division-releases-the-q2-2012-edition-of-the-alternatives-quarterly-2012-04-30
http://www.marketwatch.com/story/credit-suisses-asset-management-division-releases-the-q2-2012-edition-of-the-alternatives-quarterly-2012-04-30
Posted on: May 1, 2012 at 1:05 am
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USA
Credit Suisse CIO Steps Down
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Credit Suisse CIO Karl Landert will step down from his current position and from Credit Suisse's executive board on April 30, ceding the reins to CFO David Mathers, who will oversee both the company's IT and finance operations. Credit Suisse declined ...
http://blogs.wsj.com/cio/2012/04/29/credit-suisse-cio-steps-down/
http://blogs.wsj.com/cio/2012/04/29/credit-suisse-cio-steps-down/
Posted on: April 30, 2012 at 1:04 am
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USA
Credit Suisse and Barclays investors revolt over pay
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By Matt Scuffham and Katharina Bart | LONDON/ZURICH (Reuters) - More than a quarter of shareholders at Credit Suisse (CSGN.VX) and Barclays (BARC.L) voted down the banks' pay plans on Friday, in a sign investors are catching up with popular outrage ...
http://www.reuters.com/article/2012/04/27/us-barclays-creditsuisse-agm-idUSBRE83Q0VP20120427
http://www.reuters.com/article/2012/04/27/us-barclays-creditsuisse-agm-idUSBRE83Q0VP20120427
Posted on: April 28, 2012 at 1:04 am
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USA
Credit Suisse IT chief to step down at end-April
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CFO to take over responsibility for IT unit * Credit Suisse cost cuts ahead of targets ZURICH, April 27 (Reuters) - Credit Suisse said chief information officer Karl Landert was to step down at the end of April as the Swiss bank reorganises its payment ...
http://www.reuters.com/article/2012/04/27/creditsuisse-idUSL6E8FR0KQ20120427
http://www.reuters.com/article/2012/04/27/creditsuisse-idUSL6E8FR0KQ20120427
Posted on: April 27, 2012 at 1:04 am
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USA
Credit Suisse posts steep Q1 profit drop
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By JOHN HEILPRIN Swiss bank Credit Suisse Group's stock took a hit Wednesday after it reported a 95 percent drop in net profit for the first quarter, when it took big charges on its debts and paid out higher bonuses. Shares closed down 2.5 percent at ...
http://www.businessweek.com/ap/2012-04/D9UC2LD80.htm
http://www.businessweek.com/ap/2012-04/D9UC2LD80.htm
Posted on: April 26, 2012 at 1:05 am
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USA
Credit Suisse Posts First Loss in Three Years on Revamp
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Credit Suisse Group AG (CSGN), the second- largest Swiss bank, reported a 96 percent decline in first- quarter profit after booking accounting charges related to its own debt and costs for 2011 bonuses. Net income fell to 44 million Swiss francs ($48 ...
http://www.bloomberg.com/news/2012-04-25/credit-suisse-posts-first-loss-in-three-years-on-revamp.html
http://www.bloomberg.com/news/2012-04-25/credit-suisse-posts-first-loss-in-three-years-on-revamp.html
Posted on: April 25, 2012 at 1:05 am
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USA
Credit Suisse Bonus Bonds Lead Embrace of 'Capital Relief' Deals
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When Credit Suisse Group AG (CSGN) handed out $750 million of bonuses this year in the form of bonds, generosity wasn't the only motive. The securities also shielded the Zurich-based bank from potential losses on $16 billion of derivatives trades ...
http://www.bloomberg.com/news/2012-04-24/credit-suisse-bonus-bonds-lead-embrace-of-capital-relief-deals.html
http://www.bloomberg.com/news/2012-04-24/credit-suisse-bonus-bonds-lead-embrace-of-capital-relief-deals.html
Posted on: April 24, 2012 at 1:05 am
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USA
Paper: UBS head calls tax flap 'economic war'
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Investigations against at least 11 banks, including Credit Suisse, are still pending, on suspicion they too helped Americans hide money abroad, following the successful case against UBS AG, which had to pay a $780 million fine and hand over 4450 ...
http://www.businessweek.com/ap/2012-04/D9U9TJ2G1.htm
http://www.businessweek.com/ap/2012-04/D9U9TJ2G1.htm
Posted on: April 23, 2012 at 1:04 am
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USA
Auto Resin Shortage May Strike Europe, Credit Suisse Says
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By Craig Trudell on April 20, 2012 Europe's auto production will probably be disrupted first if carmakers can't find alternative resins used to make fuel systems and brake lines, according to a Credit Suisse Group AG report. Automakers in North America ...
http://www.businessweek.com/news/2012-04-20/auto-resin-shortage-may-strike-europe-credit-suisse-says
http://www.businessweek.com/news/2012-04-20/auto-resin-shortage-may-strike-europe-credit-suisse-says
Posted on: April 21, 2012 at 1:04 am
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USA
Credit Suisse Sells Structured Notes Linked to Bahrain Bond
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By Alastair Marsh on April 19, 2012 Credit Suisse Group AG (CSGN) sold a structured note tied to Bahrain's first debt offering open to US investors. The $5.4 million one-year credit-linked note pays a fixed interest rate of 2.58 percent and will be ...
http://www.businessweek.com/news/2012-04-19/credit-suisse-sells-structured-notes-linked-to-bahrain-bond
http://www.businessweek.com/news/2012-04-19/credit-suisse-sells-structured-notes-linked-to-bahrain-bond
Posted on: April 20, 2012 at 1:04 am