Credit Suisse

First Boston, was a New York-based bulge bracket investment bank, founded in 1932 and acquired by Credit Suisse in 1990. Together with its sister investment banks, it was referred to as CS First Boston after 1993 and part of Credit Suisse First Boston after 1996. The First Boston part of the name was phased out by 2006.

First Boston

Credit Suisse Group AG is a holding company, which engages in the provision of financial services. It operates through the following four divisions: Wealth Management, Investment Bank, Swiss Bank and Asset Management and four geographic regions: Switzerland, Europe, the Middle East and Africa (EMEA), Asia Pacific, and Americas. The Wealth Management division offers comprehensive wealth management and investment solutions, tailored financing, and advisory services to ultra-high-net-worth (UHNW) and high net-worth (HNW) individuals and external asset managers. The Investment Bank division offers a broad range of financial products and services focused on client-driven businesses and also supports Credit Suisse’s Wealth Management division and its clients. The Swiss Bank division offers comprehensive advice and a wide range of financial solutions to private, corporate, and institutional clients in Switzerland. The Asset Management division offers investment solutions and services globally to a broad range of clients, including pension funds, governments, foundations and endowments, corporations, and individuals. The company was founded by Alfred Escher on July 5, 1856 and is headquartered in Zurich, Switzerland.

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Since Switzerland's authorities last month pulled out all the stops to rush through a rescue of Credit Suisse , a storm has been brewing in the normally tranquil country.

Swiss parliament holds emergency session on Credit Suisse rescue

Credit Suisse and UBS must freeze any job cuts planned as part of their emergency merger, the Swiss Bank Employees' Association (SBPV) said on Monday, in an open letter to the country's parliament.

Credit Suisse job cuts must be frozen -bankers leader says

In the wake of Silicon Valley Bank, Credit Suisse spiraled out of control. With the help of the Swiss National Bank, the company sold itself to UBS.

Why Credit Suisse Stock Plunged 71% in March

UBS Group AG

UBS's multi-billion state-sponsored takeover of Credit Suisse should proceed smoothly without political obstructions, Swiss Finance Minister Karin Keller-Sutter said in an interview published on Saturday.

Swiss finance minister sees no 'stumbling blocks' to UBS takeover of Credit Suisse

NEW ORLEANS , April 7, 2023 /PRNewswire/ -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until May 8, 2023 to file lead plaintiff applications in securities class action lawsuits against Credit Suisse Group AG (NYSE: CS), if they purchased the Company's securities between March 10, 2022 and March 20, 2023, inclusive (the "Class Period"). These actions are pending in the United States District Court for the District of New Jersey.

CREDIT SUISSE SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuits Against Credit Suisse Group AG - CS

UBS Chief Executive Sergio Ermotti has told Credit Suisse staff it is "critical" to remain focused on clients and keeping the business running as the merger of the two banks proceeds, according to an internal memo seen by Reuters.

UBS CEO tells Credit Suisse staff to stay focused on clients and the business

SVB Financial Group

Hedge funds raised billions from taking up short positions against lenders in March, as the collapse of Silicon Valley Bank (SVB) sent ripples across the global financial sector. US$1.3bn was raised through short positions against Silicon Valley Bank, according to data firm Ortex, while US$848mln and US$684mln was made through bets against First Republic and Credit Suisse Group AG (NYSE:CS) repectively.

Credit Suisse, Silicon Valley Bank shorts raised billions in March

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iShares Russell 2000 ETF

SPDR S&P Regional Banking ETF

Metropolitan Bank Hld

Microsoft

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Invesco QQQ

Charles Schwab

With tech stocks extended and regional banks breaking down, now may be an ideal time to be patient and "wait for your pitch". Andrew Rocco explains.

Regional Banks vs. Tech: What Lies Ahead?

Switzerland has instructed Credit Suisse to cancel or reduce all outstanding bonus payments for the top three levels of management and examine whether those already paid can be recovered, the Federal Council said on Wednesday.

Switzerland cuts bonus payouts for top Credit Suisse management

Switzerland has instructed Credit Suisse to cancel or reduce all outstanding bonus payments for the top three levels of management and examine whether already those already paid out can be recovered, the Federal Council said on Wednesday.

Switzerland cancels or reduces bonus payouts for top Credit Suisse management

RADNOR, Pa. , April 5, 2023 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com)  informs investors that securities class action complaints have been against Credit Suisse Group AG ("Credit Suisse") (NYSE: CS).

Credit Suisse Shareholder Reminder: Kessler Topaz Meltzer & Check, LLP Reminds Shareholders of Credit Suisse Group AG of Deadline in Securities Fraud Class Action Lawsuit

Swiss lender Credit Suisse has won a $41 million lawsuit against a member of the Saudi royal family over a loan to refinance a super yacht, with London's High Court ruling there was no viable defence to the bank's case.

Credit Suisse wins $41 mln London lawsuit against Saudi Prince

UBS's takeover of Credit Suisse was a “milestone” in global finance but entails a “huge amount of risk,” according to the bank's chair Colm Kelleher. “It was a historic day and a day we hoped would not happen.

UBS Chair highlights risk and reward of Credit Suisse deal

FINMA and the Swiss central bank brokered UBS' takeover for embattled Zurich rival Credit Suisse for 3 billion Swiss francs ($3.3 billion), in a deal announced on March 19.

Switzerland faced a full-scale bank run if Credit Suisse went bankrupt, Swiss regulator argues

UBS's Chairman told the bank's annual shareholder meeting on Wednesday that the takeover of rival Credit Suisse was a significant milestone for Switzerland and for the global financial industry.

UBS Chairman addresses shareholders on milestone Credit Suisse takeover

Switzerland's financial regulator FINMA called for more power to penalise and name and shame banks that break the rules, following the collapse of the country's second-biggest bank, Credit Suisse.

Swiss regulator calls for more power after Credit Suisse debacle

UBS will hold its annual general meeting on Wednesday morning against a fraught political backdrop following its takeover of fallen rival Credit Suisse, announced last month.

UBS holds first shareholder meeting since controversial Credit Suisse takeover

UBS will seek to reassure shareholders on Wednesday that its unexpected takeover of rival Credit Suisse in the biggest bank rescue since the great financial crash can work.

UBS faces investors after shotgun Credit Suisse merger

NEW YORK , April 4, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Credit Suisse Group AG (NYSE: CS) between March 10, 2022 and March 20, 2023 , both dates inclusive (the "Class Period"). The Class Period was expanded to include more investors.

ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Credit Suisse Group AG Investors to Secure Counsel Before Important Deadline in Securities Class Action - CS

First Citizens BancShares

First Republic

Signature Bank

In recent years, COVID and a ZIRP (Zero Interest Rate Policy) caused out-of-control inflation to swerve the economy in the wrong direction. However, the Federal Reserve and its Chairman, Jerome Powell, slammed on the brakes last year by instituting the most aggressive interest rate hiking policy in over four decades.

Air Bags Deployed to Cushion Bank Crashes

The Bank of England has approved UBS Group AG's takeover of Credit Suisse Group AG in the United Kingdom, people familiar with the process told Reuters, a key market for the Swiss lenders racing to close the rescue deal.

Exclusive: Bank of England approves UBS's Credit Suisse takeover in UK -sources

UBS has secured a temporary green light from EU antitrust regulators to complete its acquisition of Credit Suisse but will still have to request clearance under EU merger rules, the European Commission said on Tuesday.

UBS gets temporary EU green light for Credit Suisse deal, pending review

Credit Suisse shareholders voted to re-elect Chairman Axel Lehmann at the company's annual general meeting in Zurich on Tuesday.

Credit Suisse shareholders re-elect chairman

Tuesday's meeting in Zurich was the first opportunity for Credit Suisse's angry shareholders to confront the bank's leadership in person since the UBS takeover.

‘Truly Sorry': Credit Suisse Chairman Apologizes To Shareholders For Bank's Failure

Shareholders at the bank's final annual meeting expressed their anger toward management and the board for failing to save the storied institution.

News for Credit Suisse Stock (CS)