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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

The Swiss lender reported first-quarter earnings showing clients were flying out the door.

Credit Suisse Final Days Saw $75 Billion Exodus. What It Means.

Credit Suisse and Michael Klein have ended an agreement for the Swiss bank to acquire boutique investment banking arm The Klein Group, LLC due to its takeover by UBS, according to a brief announcement within Credit Suisse's first-quarter results on Monday.

Credit Suisse shelves purchase of Michael Klein's investment firm

Credit Suisse suffered outflows of 61.2 billion Swiss francs ($68.7 billion) in the first three months of the year and customers are still pulling their money from the bank as UBS races to complete a rescue of its stricken rival.

Credit Suisse outflows topped $68 billion as the bank veered towards collapse

The Swiss bank gave a glimpse of its chaotic final weeks before a rescue by UBS in a first-quarter earnings report that showed revenue diving and customers rushing to pull deposits.

Credit Suisse Details Painful Final Days Before Rescue

Did you lose money on investments in Credit Suisse? If so, please visit Credit Suisse Group AG Shareholder Class Action Lawsuit or contact  Peter Allocco at (212) 951-2030 or pallocco@bernlieb.com to discuss your rights.

CREDIT SUISSE GROUP AG (NYSE: CS) SHAREHOLDER CLASS ACTION ALERT: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against Credit Suisse Group AG (NYSE: CS)

Credit Suisse Group AG swung to a net profit on Monday, overturning five consecutive straight quarterly losses, reflecting the write-down of billions in AT1 capital notes relating to its takeover by UBS Group AG.

Credit Suisse suffered outflows of 61.2 billion Swiss francs in first quarter

UBS Group AG

UBS Group AG UBS CH:UBSG said Monday that Chief Risk Officer Christian Bluhm will remain in his role for the foreseeable future, rather than step down next month as originally planned, due to the planned acquisition of Credit Suisse Group AG CS CH:CSGN.

UBS Chief Risk Officer Christian Bluhm to remain in role due to Credit Suisse deal

The stricken Swiss lender posted a one-off 12.43 billion Swiss franc profit for the first quarter of 2023, due to the controversial write-off of 15 billion Swiss francs of AT1 bonds by the Swiss regulator as part of its emergency takeover by domestic rival UBS.

Credit Suisse logged asset outflows of more than $68 billion during first-quarter collapse

Credit Suisse said on Monday 61 billion Swiss francs ($68 billion) left the bank in the first quarter, shedding light on the scale of the bank run that caused the 167-year-old institution to crumble and forced its state-engineered rescue.

Credit Suisse saw $68 billion in first-quarter outflows as it crumbled

RADNOR, Pa. , April 23, 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).

CS Securities Class Action Reminder: Kessler Topaz Meltzer & Check, LLP Reminds Credit Suisse Group AG (CS) Investors of Upcoming Deadline in Securities Fraud Class Action Lawsuit

NEW YORK , April 22, 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"), of the pendency of a securities class action lawsuit. The Class Period was expanded to include more investors.

ROSEN, TOP RANKED NATIONAL INVESTOR ATTORNEYS, Encourages Credit Suisse Group AG Investors with Losses Over $1 Million to Secure Counsel Before Important Deadline in Securities Class Action - CS

Credit Suisse has found itself front and centre in the courts just one month after its collapse and subsequent forced rescue by rival UBS, which involved the write of US$18bn worth of debt. Lawyers are set to have a busy time batting away lawsuits from investors, which have already begun flowing in against Swiss regulators over the cancelled Additional Tier 1 (AT1) debt.

Credit Suisse back in the spotlight as courts hear of turmoil

Finma accused of acting unlawfully and undermining confidence in Switzerland as a financial centre

Credit Suisse investors suing Swiss regulator after £4bn bond wipeout

Several lawsuits have been filed over the terms of last month's emergency deal to save Swiss lender Credit Suisse by selling it to its bigger rival UBS.

Factbox: Lawsuits lodged over state-backed Credit Suisse takeover

Investors representing more than 4.5 billion Swiss francs ($5 billion) of Credit Suisse bonds have sued the Swiss financial regulator over its decision to wipe out their investments during last month's emergency government-orchestrated takeover.

Credit Suisse bondholders file lawsuit against Swiss authorities

Credit Suisse saw investors pull a record 4.6 billion euros ($5.04 billion)out of its funds at the height of the bank's troubles last month, data published on Friday showed.

Credit Suisse saw record fund outflows during March turmoil, data shows

Credit Suisse Group AG bondholders, representing $4.5 billion of the $17 billion of wiped-out Additional Tier 1 bonds of the company, have filed a lawsuit against Switzerland's banking regulator, the Financial Times reported on Friday.

Credit Suisse bondholders sue Swiss regulator over $17 bln bond wipeout -FT

Credit Suisse was accused on Thursday of having "learnt nothing" from the 2008 financial crisis on the first day of a trial at London's High Court over residential mortgage-backed securities.

Credit Suisse has 'learnt nothing' from 2008 crash, London court told

Credit Suisse Group AG's dealmakers, hoping to secure jobs after UBS Group AG's rescue takeover, are struggling to dispel fears about a culture clash and many will be disappointed, sources familiar with the talks told Reuters.

Credit Suisse bankers jostle for slim pickings at UBS – sources

SoftBank Group Corp

Credit Suisse has lodged a $440 million claim against Japan's SoftBank Group Corp in London as it presses ahead with formal proceedings in a dispute borne from the failure of Greensill Capital, a finance firm.

Credit Suisse lodges $440 mln London claim against SoftBank

JPMorgan Chase & Co

The bank saw better deposit trends than initially feared. Trading revenue also surged.

Banks Had One of Their Most Challenging Quarters Ever. That Didn't Stop JPMorgan Chase From Generating Record Results.

U.S. lawmakers have accused controversy-ridden Swiss lender Credit Suisse of holding up an investigation into its history with Nazi-linked accounts and that the bank held onto Nazi-affiliated accounts well into the 21st century.

Credit Suisse maintained accounts of Nazis as recently as 2020, senators say

A committee of U.S. lawmakers on Tuesday said troubled Swiss bank Credit Suisse Group hampered a multiyear investigation into the servicing of Nazi clients and Nazi-linked accounts.

Credit Suisse hampered internal probe into Nazi-linked accounts, U.S. senators say

An investigation unearthed details of relationships with some high-ranking Nazis that the bank hadn't disclosed before.

Credit Suisse Failed to Probe Nazi Past, Senate Committee Says

UBS on Tuesday said it was making changes to its $6 billion share buyback programme following its takeover of Credit Suisse.

News for Credit Suisse Stock (CS)