CS News and Press, Credit Suisse Group American Depositary Shares From 04/19/23

2023-04-19 12:00:00 ET Summary The Akre Focus Fund invests in a small number of what we believe to be extraordinary businesses that are run by talented and honest managers who wisely reinvest free cash flow. Aftershocks from the sudden collapse and seizure of the Silicon Valley Ba...

2023-04-18 21:00:00 ET Summary This isn’t going to be another history of the meltdown of Silicon Valley Bank - rather than merely recount the developments, I’m going to discuss their significance. A number of things about SVB made it somewhat of a special case ȁ...

2023-04-18 13:03:00 ET Summary Discover Financial Services and Tesla feature bullish early earnings date confirmations in advance of what could be a challenging first-quarter reporting period. With S&P 500 earnings estimates continuing to retreat, firm-specific clues can offer...

2023-04-18 06:27:18 ET Summary At the end of last month, the Swiss authorities forced UBS to acquire Credit Suisse for a record low of CHF 3 billion. This is an unprecedented transaction, given Credit Suisse's size and the record-low amount UBS paid to buy the bank. Credit Sui...

2023-04-18 06:23:24 ET Following its acquisition of Credit Suisse, UBS ( NYSE: UBS ) announced revisions to its $6 billion share buyback program, Reuters reported Tuesday. Following approval from the Swiss Takeover Board, the bank stated that it will utilise part of the shares f...

2023-04-17 11:48:57 ET Over the three weeks since its shotgun marriage with Swiss rival UBS Group ( NYSE: UBS ), Credit Suisse ( NYSE: CS ) funds have seen net outflows swell to $5.6B, Financial News reported Monday, citing data from Morningstar. Most of those outflows, ...

2023-04-16 04:16:42 ET Summary March gave us quite the wild ride in the market, volatility ramped up, but by the end of the month, almost all seemed forgotten. The market rallied toward the end of the month, sending all three of the major indices positive for the month. As usu...

2023-04-15 03:35:00 ET Summary One of the first things many people did after SVB hit the news was to pull their money out of their local mom-and-pop banks and put it into one of the banking giants. On April 14, we got some hard data about this trend as the largest banks kicked off...

2023-04-14 23:45:00 ET Summary ClearBridge is a leading global asset manager committed to active management. Research-based stock selection guides our investment approach, with our strategies reflecting the highest-conviction ideas of our portfolio managers. A crisis-driven rotati...

2023-04-14 16:36:42 ET The Federal Reserve on Friday approved UBS' ( NYSE: UBS ) acquisition of Credit Suisse's U.S. subsidiaries, more than a week after the proposed $3.25B takeover of the Swiss lender was reportedly cleared by The Bank of England. UBS ( UBS ...