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Periodicals
Credit Suisse could cut 'hundreds' of jobs, Bloomberg reports » 17:27
07/12/20
07/12
17:27
07/12/20
17:27
CS

Credit Suisse

$10.58 /

+0.34 (+3.32%)

Credit Suisse could cut…

Credit Suisse could cut "hundreds" of jobs as the lender mulls different savings plans that would allow it to reach its profit targets, which didn't say where it obtained the information, Bloomberg's Albertina Torsoli reports, citing the SonntagsZeitung. CEO Thomas Gottstein is mulling thinning out the Zurich-based bank's domestic branch network after the novel coronavirus crisis gave its online operations a boost, and could reverse a decision by his predecessor, Tidjane Thiam, to split the investment bank into a Global Markets division and an Investment Banking & Capital Markets one, the newspaper said. Merging the investment bank's activities would make it easier to cut jobs, SonntagsZeitung said. []:[https://www.bloomberg.com/news/articles/2020-07-12/credit-suisse-may-cut-hundreds-of-jobs-sonntagszeitung-says?sref=8QBk7toa]

ShowHide Related Items >><<
CS Credit Suisse
$10.58 /

+0.34 (+3.32%)

CS Credit Suisse
$10.58 /

+0.34 (+3.32%)

07/09/20 JPMorgan
Credit Suisse price target raised to CHF 11.80 from CHF 11 at JPMorgan
07/08/20 Morgan Stanley
Credit Suisse price target raised to CHF 12 from CHF 11 at Morgan Stanley
07/07/20 UBS
Credit Suisse downgraded to Neutral from Buy at UBS
06/26/20 Deutsche Bank
Credit Suisse named short-term investment idea at Deutsche Bank
CS Credit Suisse
$10.58 /

+0.34 (+3.32%)

CS Credit Suisse
$10.58 /

+0.34 (+3.32%)

CS Credit Suisse
$10.58 /

+0.34 (+3.32%)

CS Credit Suisse
$10.58 /

+0.34 (+3.32%)

Over a week ago
Recommendations
Credit Suisse price target raised to CHF 11.80 from CHF 11 at JPMorgan » 14:35
07/09/20
07/09
14:35
07/09/20
14:35
CS

Credit Suisse

$10.25 /

-0.265 (-2.52%)

JPMorgan analyst Kian…

JPMorgan analyst Kian Abouhossein raised the firm's price target on Credit Suisse to CHF 11.80 from CHF 11 and keeps a Neutral rating on the shares.

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CS Credit Suisse
$10.25 /

-0.265 (-2.52%)

CS Credit Suisse
$10.25 /

-0.265 (-2.52%)

07/08/20 Morgan Stanley
Credit Suisse price target raised to CHF 12 from CHF 11 at Morgan Stanley
07/07/20 UBS
Credit Suisse downgraded to Neutral from Buy at UBS
06/26/20 Deutsche Bank
Credit Suisse named short-term investment idea at Deutsche Bank
06/25/20 Deutsche Bank
Credit Suisse price target raised to CHF 11 from CHF 10 at Deutsche Bank
CS Credit Suisse
$10.25 /

-0.265 (-2.52%)

CS Credit Suisse
$10.25 /

-0.265 (-2.52%)

CS Credit Suisse
$10.25 /

-0.265 (-2.52%)

CS Credit Suisse
$10.25 /

-0.265 (-2.52%)

Recommendations
Credit Suisse price target raised to CHF 12 from CHF 11 at Morgan Stanley » 14:02
07/08/20
07/08
14:02
07/08/20
14:02
CS

Credit Suisse

$10.40 /

+0.03 (+0.29%)

Morgan Stanley analyst…

Morgan Stanley analyst Magdalena Stoklosa raised the firm's price target on Credit Suisse to CHF 12 from CHF 11 and keeps an Overweight rating on the shares.

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CS Credit Suisse
$10.40 /

+0.03 (+0.29%)

CS Credit Suisse
$10.40 /

+0.03 (+0.29%)

07/07/20 UBS
Credit Suisse downgraded to Neutral from Buy at UBS
06/26/20 Deutsche Bank
Credit Suisse named short-term investment idea at Deutsche Bank
06/25/20 Deutsche Bank
Credit Suisse price target raised to CHF 11 from CHF 10 at Deutsche Bank
06/16/20 Barclays
Credit Suisse price target raised to CHF 8 from CHF 7 at Barclays
CS Credit Suisse
$10.40 /

+0.03 (+0.29%)

CS Credit Suisse
$10.40 /

+0.03 (+0.29%)

CS Credit Suisse
$10.40 /

+0.03 (+0.29%)

CS Credit Suisse
$10.40 /

+0.03 (+0.29%)

Downgrade
Credit Suisse downgraded to Neutral from Buy at UBS » 05:42
07/07/20
07/07
05:42
07/07/20
05:42
CS

Credit Suisse

$10.65 /

+0.33 (+3.20%)

UBS analyst Daniele…

UBS analyst Daniele Brupbacher downgraded Credit Suisse to Neutral from Buy with a CHF 10.90 price target.

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CS Credit Suisse
$10.65 /

+0.33 (+3.20%)

CS Credit Suisse
$10.65 /

+0.33 (+3.20%)

06/26/20 Deutsche Bank
Credit Suisse named short-term investment idea at Deutsche Bank
06/25/20 Deutsche Bank
Credit Suisse price target raised to CHF 11 from CHF 10 at Deutsche Bank
06/16/20 Barclays
Credit Suisse price target raised to CHF 8 from CHF 7 at Barclays
05/06/20 Deutsche Bank
Credit Suisse price target lowered to CHF 10 from CHF 11 at Deutsche Bank
CS Credit Suisse
$10.65 /

+0.33 (+3.20%)

CS Credit Suisse
$10.65 /

+0.33 (+3.20%)

CS Credit Suisse
$10.65 /

+0.33 (+3.20%)

CS Credit Suisse
$10.65 /

+0.33 (+3.20%)

Recommendations
Credit Suisse named short-term investment idea at Deutsche Bank » 07:04
06/26/20
06/26
07:04
06/26/20
07:04
CS

Credit Suisse

$10.26 /

+0.35 (+3.53%)

Deutsche Bank analyst…

Deutsche Bank analyst Benjamin Goy placed a "Catalyst Call buy idea" on Credit Suisse as a short-term investment idea. The analyst likes the bank's combination of "high gearing to recovering" assets under management driving fee income in wealth and asset management, comparatively low credit risk and "solid" capital ratios, enabling the payment of 2019 dividend outside of Switzerland. In addition, Credit Suisse's investment bank offers additional upside with an expected strong performance in Q2, Goy tells investors in a research note. These factors should help Credit Suisse to outperform European peers "while still trading at a significant discount," says the analyst.

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CS Credit Suisse
$10.26 /

+0.35 (+3.53%)

CS Credit Suisse
$10.26 /

+0.35 (+3.53%)

06/25/20 Deutsche Bank
Credit Suisse price target raised to CHF 11 from CHF 10 at Deutsche Bank
06/16/20 Barclays
Credit Suisse price target raised to CHF 8 from CHF 7 at Barclays
05/06/20 Deutsche Bank
Credit Suisse price target lowered to CHF 10 from CHF 11 at Deutsche Bank
04/27/20 Barclays
Credit Suisse price target lowered to CHF 7 from CHF 8 at Barclays
CS Credit Suisse
$10.26 /

+0.35 (+3.53%)

CS Credit Suisse
$10.26 /

+0.35 (+3.53%)

CS Credit Suisse
$10.26 /

+0.35 (+3.53%)

CS Credit Suisse
$10.26 /

+0.35 (+3.53%)

Recommendations
Credit Suisse price target raised to CHF 11 from CHF 10 at Deutsche Bank » 12:45
06/25/20
06/25
12:45
06/25/20
12:45
CS

Credit Suisse

$10.13 /

+0.225 (+2.27%)

Deutsche Bank analyst…

Deutsche Bank analyst Benjamin Goy raised the firm's price target on Credit Suisse to CHF 11 from CHF 10 and keeps a Buy rating on the shares.

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CS Credit Suisse
$10.13 /

+0.225 (+2.27%)

CS Credit Suisse
$10.13 /

+0.225 (+2.27%)

06/16/20 Barclays
Credit Suisse price target raised to CHF 8 from CHF 7 at Barclays
05/06/20 Deutsche Bank
Credit Suisse price target lowered to CHF 10 from CHF 11 at Deutsche Bank
04/27/20 Barclays
Credit Suisse price target lowered to CHF 7 from CHF 8 at Barclays
04/27/20 UBS
Credit Suisse price target lowered to CHF 10.40 from CHF 11 at UBS
CS Credit Suisse
$10.13 /

+0.225 (+2.27%)

CS Credit Suisse
$10.13 /

+0.225 (+2.27%)

CS Credit Suisse
$10.13 /

+0.225 (+2.27%)

CS Credit Suisse
$10.13 /

+0.225 (+2.27%)

Periodicals
Credit Suisse to review funds connected to Softbank-backed firm, WSJ says » 18:33
06/23/20
06/23
18:33
06/23/20
18:33
CS

Credit Suisse

$10.37 /

+0.165 (+1.62%)

, SFTBY

SoftBank

$0.00 /

+ (+0.00%)

, SFTBF

Use SFTBY

$0.00 /

+ (+0.00%)

Credit Suisse (CS) said…

Credit Suisse (CS) said it has initiated an internal review into funds it manages that have invested in billions of dollars worth of securities sold by a firm backed by SoftBank (SFTBY), the Wall Street Journal's Julie Steinberg and Duncan Mavin report. The four funds in question invest mainly in securities seeded by Greensill Capital, the authors note. A Credit Suisse spokesman said it was "reviewing certain aspects of the matter, as is standard practice in similar circumstances." "We have read reports about a procedural matter surrounding certain investment funds at Credit Suisse," a spokesman for Greensill said, adding that the firm "is not involved in this process as it is an internal matter" for the bank and that Greensill "continues to enjoy a very strong relationship with Credit Suisse as we have done for a number of years," according to the Journal. Reference Link

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SFTBY SoftBank
$0.00 /

+ (+0.00%)

SFTBF Use SFTBY
$0.00 /

+ (+0.00%)

CS Credit Suisse
$10.37 /

+0.165 (+1.62%)

CS Credit Suisse
$10.37 /

+0.165 (+1.62%)

06/16/20 Barclays
Credit Suisse price target raised to CHF 8 from CHF 7 at Barclays
05/06/20 Deutsche Bank
Credit Suisse price target lowered to CHF 10 from CHF 11 at Deutsche Bank
04/27/20 Barclays
Credit Suisse price target lowered to CHF 7 from CHF 8 at Barclays
04/27/20 UBS
Credit Suisse price target lowered to CHF 10.40 from CHF 11 at UBS
SFTBY SoftBank
$0.00 /

+ (+0.00%)

05/26/20 Citi
SoftBank price target lowered to 7,100 yen from 8,200 yen at Citi
03/24/20 Jefferies
SoftBank upgraded to Buy from Hold at Jefferies
02/13/20 HSBC
SoftBank price target raised to 7,000 yen after Sprint deal approval
12/03/19 HSBC
SoftBank upgraded to Buy from Hold at HSBC
SFTBF Use SFTBY
$0.00 /

+ (+0.00%)

CS Credit Suisse
$10.37 /

+0.165 (+1.62%)

SFTBY SoftBank
$0.00 /

+ (+0.00%)

SFTBF Use SFTBY
$0.00 /

+ (+0.00%)

CS Credit Suisse
$10.37 /

+0.165 (+1.62%)

SFTBY SoftBank
$0.00 /

+ (+0.00%)

SFTBF Use SFTBY
$0.00 /

+ (+0.00%)

CS Credit Suisse
$10.37 /

+0.165 (+1.62%)

CS Credit Suisse
$10.37 /

+0.165 (+1.62%)

Periodicals
Lenders win court order to sell Luckin shares owned by chairman, WSJ reports » 14:07
06/20/20
06/20
14:07
06/20/20
14:07
LK

Luckin Coffee

$3.82 /

-0.14 (-3.54%)

, CS

Credit Suisse

$10.10 /

-0.075 (-0.74%)

Credit Suisse Group (CS)…

Credit Suisse Group (CS) and other lenders won court orders to liquidate tens of millions of dollars in Luckin Coffee (LK) stock owned by Chairman Charles Lu after Lu defaulted on a margin loan facility, Jing Yang of Wall Street Journal reports. The Grand Court of the Cayman Islands ruled in favor of the lenders, which are owed $324M, according to Yang. An accompanying windup order, which was delivered on June 16 and viewed by The Wall Street Journal, ruled a total of 131.25M class B shares held by Primus Investments Fund, an entity controlled by Lu's family trust, be transferred within two business days to KPMG for liquidation. Lu controlled about 36.8% of Luckin's voting rights as of March this year, Yang notes. Shares of Luckin Coffee closed Friday down 14c to $3.82. Reference Link

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LK Luckin Coffee
$3.82 /

-0.14 (-3.54%)

CS Credit Suisse
$10.10 /

-0.075 (-0.74%)

LK Luckin Coffee
$3.82 /

-0.14 (-3.54%)

04/08/20 GLJ Research
JinkoSolar price target lowered to $6.88 from $7.97 at GLJ Research
04/08/20 UBS
Starbucks price target lowered to $73 from $95 at UBS
04/06/20 MKM Partners
Starbucks price target raised to $60 from $52 at MKM Partners
04/02/20 KeyBanc
KeyBanc cuts Luckin Coffee to Sector Weight as company probes fake transactions
CS Credit Suisse
$10.10 /

-0.075 (-0.74%)

06/16/20 Barclays
Credit Suisse price target raised to CHF 8 from CHF 7 at Barclays
05/06/20 Deutsche Bank
Credit Suisse price target lowered to CHF 10 from CHF 11 at Deutsche Bank
04/27/20 Barclays
Credit Suisse price target lowered to CHF 7 from CHF 8 at Barclays
04/27/20 UBS
Credit Suisse price target lowered to CHF 10.40 from CHF 11 at UBS
CS Credit Suisse
$10.10 /

-0.075 (-0.74%)

LK Luckin Coffee
$3.82 /

-0.14 (-3.54%)

CS Credit Suisse
$10.10 /

-0.075 (-0.74%)

LK Luckin Coffee
$3.82 /

-0.14 (-3.54%)

CS Credit Suisse
$10.10 /

-0.075 (-0.74%)

LK Luckin Coffee
$3.82 /

-0.14 (-3.54%)

CS Credit Suisse
$10.10 /

-0.075 (-0.74%)

Recommendations
Credit Suisse price target raised to CHF 8 from CHF 7 at Barclays » 11:35
06/16/20
06/16
11:35
06/16/20
11:35
CS

Credit Suisse

$10.20 /

+0.175 (+1.75%)

Barclays analyst Amit…

Barclays analyst Amit Goel raised the firm's price target on Credit Suisse to CHF 8 from CHF 7 and keeps an Underweight rating on the shares.

ShowHide Related Items >><<
CS Credit Suisse
$10.20 /

+0.175 (+1.75%)

CS Credit Suisse
$10.20 /

+0.175 (+1.75%)

05/06/20 Deutsche Bank
Credit Suisse price target lowered to CHF 10 from CHF 11 at Deutsche Bank
04/27/20 Barclays
Credit Suisse price target lowered to CHF 7 from CHF 8 at Barclays
04/27/20 UBS
Credit Suisse price target lowered to CHF 10.40 from CHF 11 at UBS
04/27/20 Oddo BHF
Credit Suisse upgraded to Neutral from Reduce at Oddo BHF
CS Credit Suisse
$10.20 /

+0.175 (+1.75%)

CS Credit Suisse
$10.20 /

+0.175 (+1.75%)

CS Credit Suisse
$10.20 /

+0.175 (+1.75%)

CS Credit Suisse
$10.20 /

+0.175 (+1.75%)

Over a month ago
Periodicals
SoftBank invests in Credit Suisse funds financing technology bets, FT reports » 16:30
06/14/20
06/14
16:30
06/14/20
16:30
SFTBY

SoftBank

$0.00 /

+ (+0.00%)

, CS

Credit Suisse

$9.98 /

+0.245 (+2.52%)

SoftBank (SFTBY) has…

SoftBank (SFTBY) has quietly poured more than $500M into Credit Suisse (CS) investment funds that in turn made big bets on the debt of struggling start-ups backed by the Japanese technology conglomerate's Vision Fund, The Financial Times' Robert Smith and Arash Massoudi report. SoftBank made the investment into the Swiss bank's $7.5B range of supply-chain finance funds, said three people familiar with the matter. Reference Link

ShowHide Related Items >><<
SFTBY SoftBank
$0.00 /

+ (+0.00%)

CS Credit Suisse
$9.98 /

+0.245 (+2.52%)

SFTBY SoftBank
$0.00 /

+ (+0.00%)

05/26/20 Citi
SoftBank price target lowered to 7,100 yen from 8,200 yen at Citi
03/24/20 Jefferies
SoftBank upgraded to Buy from Hold at Jefferies
02/13/20 HSBC
SoftBank price target raised to 7,000 yen after Sprint deal approval
12/03/19 HSBC
SoftBank upgraded to Buy from Hold at HSBC
CS Credit Suisse
$9.98 /

+0.245 (+2.52%)

05/06/20 Deutsche Bank
Credit Suisse price target lowered to CHF 10 from CHF 11 at Deutsche Bank
04/27/20 Barclays
Credit Suisse price target lowered to CHF 7 from CHF 8 at Barclays
04/27/20 UBS
Credit Suisse price target lowered to CHF 10.40 from CHF 11 at UBS
04/27/20 Oddo BHF
Credit Suisse upgraded to Neutral from Reduce at Oddo BHF
CS Credit Suisse
$9.98 /

+0.245 (+2.52%)

SFTBY SoftBank
$0.00 /

+ (+0.00%)

CS Credit Suisse
$9.98 /

+0.245 (+2.52%)

SFTBY SoftBank
$0.00 /

+ (+0.00%)

CS Credit Suisse
$9.98 /

+0.245 (+2.52%)

CS Credit Suisse
$9.98 /

+0.245 (+2.52%)

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