Tag: Credit Suisse

July 24, 2019

A day before Amazon’s second-quarter earnings release, Credit Suisse lowered its earnings estimate because of the e-commerce giant’s roll-out of one-day prime. The firm lowered Amazon’s full-year 2019 earnings per share estimate to $38.87 from the previous estimate of $41.14, […]

March 18, 2019

Underneath the stock market’s epic rebound has been a “more favorable” trend that Credit Suisse says will drive the market higher. The bank dialed up its year-end forecast for the S&P 500 to $3,025 from $2,925 previously. The new forecast […]

March 14, 2019

Credit Suisse and KLARA are simplifying finance for SMEs. In addition to the innovative accounting solution that automatically communicates with all interfaces, starting now, SMEs on KLARA can submit non-binding credit requests online to Credit Suisse. More efficiency for SMEs […]

December 20, 2018

The European Commission suspects Deutsche Bank AG, Credit Suisse Group AG and two other global banks of colluding to manipulate a multi-trillion-dollar government-backed bond market, escalating a long running probe. The European Union’s executive arm, which opened the investigation almost […]

March 13, 2018

Kraton Corporation amended its existing senior secured term loan facility. JP Morgan, Deutsche Bank and Credit Suisse acted as joint lead arrangers and joint bookrunners on the transaction. The amendment, among other things, included: Increased borrowing under the Euro-denominated tranche […]

November 30, 2017

The chief executive of Credit Suisse has sharply altered his view on global central banks, telling CNBC that policymakers have been handling the current environment “very well.” “You have heard me previously taking about QE (quantitative easing) in a negative […]

November 17, 2017

Small business lender Kabbage received $200 million in revolving credit from Swiss financial institution, Credit Suisse. The funds will used by the Atlanta-based Kabbage to scale and expand its lines of credit with longer terms to its existing customer base, […]

July 13, 2017

Domestic demand, instead of exports, will drive economic growth in the second half of 2017 — a shift that bodes well for Southeast Asiancountries, Credit Suisse said as it turned more optimistic on the region’s banking sector. The bank said in a report […]

February 14, 2017

Credit Suisse (CS) stock opened with a bang on Tuesday as it announced strong asset growth in wealth management, at better margins, and the successful conclusion of its investment bank restructuring. For investors, the progress in the core business outweighed […]

December 7, 2016

Credit Suisse on Wednesday announced more than 1 billion Swiss francs ($991 million) in extra cost cuts as Chief Executive Tidjane Thiam tries to compensate for challenging conditions which have hampered his restructuring of the lender. Just over a year […]

November 3, 2016

Credit Suisse’s chief executive, Tidjane Thiam, is clearly frustrated with the investment banking operations of the institution he oversees. And with good reason: Wall Street banks seem to have won most of the battle for supremacy over who gets most […]

July 18, 2016

As part of its “Fresh Ideas for Small, Mid & Large Cap Investors” report, Credit Suisse has compiled a list of “lowly owned” stocks with market caps of over $5 billion that it considers best in class and/or rates outperform. […]