CS News and Press, Credit Suisse Group American Depositary Shares From 06/09/23

2023-06-09 08:45:54 ET Credit Suisse ( NYSE: CS ) and joint venture partner Founder Securities have put up their China securities brokerage for sale given the Swiss lender's rescue by rival UBS Group ( NYSE: UBS ), Reuters reported Friday, citing people with knowledge of the...

2023-06-07 08:00:00 ET Summary BDCs offer passive income investors well-diversified portfolios and large dividends along with several other attractive benefits. A trillion-dollar manager recently made some very bullish comments about BDCs and explained why they are investing so he...

2023-06-06 15:39:03 ET Summary The potential recovery of $2.2 billion of cash held by the FDIC provides the bulk of recovery to the bonds. Other sources of recovery include a portfolio of securities, warrants in venture companies, the investment bank, and the asset management divi...

2023-06-06 00:46:03 ET Summary The Saudi National Bank, Credit Suisse's largest shareholder, decided not to leave Zurich and plans to convert its 9.88% equity stake into UBS securities. The Swiss government was forced to implement a systemic solution. We decided to remain neutral,...

2023-06-05 07:08:11 ET Summary Apple is expected to unveil its mixed reality headset at the Worldwide Developer Conference, potentially costing around $3,000 and surpassing competitors like Meta Platforms and Sony. Saudi Arabia plans to cut an additional 1M bbl/day in crude oil st...

2023-06-05 03:41:19 ET Big U.S. lenders like Morgan Stanley ( NYSE: MS ) may soon face revised capital rules following the collapse of smaller regional players earlier this year, according to the Wall Street Journal . Overall capital requirements could be raised by about 20%...

2023-06-01 23:00:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2023-06-01 08:28:30 ET Credit Suisse ( NYSE: CS ) has paid back CHF 100B (US$112.5B) in liquidity support backed by federal guarantees, Reuters reported Thursday, citing Swiss Finance Minister Karin Keller-Sutter in an interview. As part of its government-brokered rescue by ...

2023-05-31 00:01:04 ET Summary UBS released an updated F-4 filing, outlining some positive new insights into the pending Credit Suisse deal. The case for pro-forma balance sheet accretion looks compelling, while conservative PPA and legal provisions offer incremental upside. U...

2023-05-26 11:17:30 ET Credit Suisse ( NYSE: CS ) was ordered by a Singapore court to pay what looks to be hundreds of millions of dollars to billionaire and former Georgian Prime Minister Bidzina Ivanishvili, dealing another blow to the bank that has struggled with scandals for yea...