Wednesday, May 23, 2012 5:05 PM SAST

Credit Suisse

The Credit Suisse Group AG (SIX: CSGN, NYSE: CS) is a financial services company, headquartered in Zürich, Switzerland.

Credit Suisse was founded by Alfred Escher in 1856 under the name Schweizerische Kreditanstalt (SKA, Swiss Credit Institution). The bank is organized into three divisions, Investment Banking, Private Banking, and Asset Management. Shared Services, which includes functions such as IT, marketing and legal/compliance, encompasses all three major areas.

Articles About Credit Suisse

Specialist banks cherry pick from lay-offs

By Reuters

Small investment banks and brokerages in Europe are making the most of a hiring shutdown and cuts at bigger rivals, cherry picking staff frustrated by new pay rules and uncertainty over strategy. (9:35 am)

MORE TOPICS: DEUTSCHE BANK, GOLDMAN SACHS, FIXED-INCOME, RUSSIA, INDIA, EMERGING MARKETS

The sun is reflected at the logo of Swiss bank Credit Suisse at a branch office in Basel
Revenue Pressures Cause Aussie Banks to Lower Lending Standards for Home Loans

By IBTimes AU

Credit Suisse, in a new report released on Wednesday, warned Australian banks not to lower their lending standards for home loans to make up for the flat growth of lending across the banking industry,. (5:20 am)

MORE TOPICS: WESTPAC, AUSTRALIA, MORTGAGE

A security guard walks past a logo of Alibaba (China) Technology Co. Ltd at its headquarters on the outskirts of Hangzhou
Big Deal For Alibaba,Yahoo: The $7.1B Is Only Half Of It

By IBTimes

China's Alibaba Group and Yahoo confirmed Sunday night they have reached an agreement that will allow the two online media giants to eventually go their own ways. Alibaba initially will pay an estimated $7.1 billion in cash and preferred stock to Yahoo. (May 21)

MORE TOPICS: CHINA, GOLDMAN SACHS, INTELLECTUAL PROPERTY, INVESTMENT

Euro Tests For Support Ahead Of G8 Summit, Sterling To Lag Behind

By DailyFX

The Euro bounced back from a fresh monthly low of 1.2641 as a spokesperson for the EU denied rumors that the group is working on a contingency plan for a Greek exit, while German Chancellor Angela Merkel showed an increased willingness to further ass... (May 18)

MORE TOPICS: DOW JONES, GERMANY, TWITTER, BANK OF ENGLAND, EUROPEAN CENTRAL BANK, QUANTITATIVE EASING

Graff braves volatile markets with $1 billion HK IPO

By Reuters UK

High-end jeweller Graff Diamonds is forging ahead with an initial public offering to raise up to $1 billion (632 million pounds), setting a price range on Friday for its Hong Kong flotation despite a sell-off in equity markets. (May 18)

MORE TOPICS: DEUTSCHE BANK, GOLDMAN SACHS, MORGAN STANLEY, HANG SENG INDEX, DIAMONDS, LONDON

RBC, Credit Suisse eyes BofA's non-U.S. wealth arm: sources

By Reuters

Royal Bank of Canada <RY.TO> and Credit Suisse <CSGN.VX> are among the suitors seeking to bid for the non-U.S. wealth management businesses of Bank of America Merrill Lynch <BAC.N>, sources told Reuters, in a deal that could be worth around $2 billion. (May 17)

MORE TOPICS: BANK OF AMERICA, MERRILL LYNCH, JAPAN, MANAGEMENT

Facebook
First Facebook Trade At $38? Not If History Has A Vote

By IBTimes

Facebook (Nasdaq: FB), the No. 1 social network, has decided to pitch its initial public offering of 421 million shares at $38, which could raise as much as $18.1 billion, assuming –over-allotment options. (May 16)

MORE TOPICS: FACEBOOK, GOLDMAN SACHS, JPMORGAN CHASE, MORGAN STANLEY, NYSE, MARK ZUCKERBERG

Greece
Euro Plunges On Expectations Greece Will Leave Euro Zone

By IBTimes

The euro fell to its lowest levels since January following the news Greece would have to hold a new round of elections, making the prospect of the dissolution of the euro zone economic union significantly more compelling. (May 16)

MORE TOPICS: COURT, ELECTIONS, SUPREME COURT, LONDON

Credit Suisse slates more New York layoffs

By Reuters

Credit Suisse Group <CSGN.VX> plans to fire 126 employees in the New York area, according to a notification the bank sent to New York State's Department of Labor on Tuesday. (May 16)

MORE TOPICS: CHINA, RUSSIA, NEW YORK, MANAGEMENT, MORTGAGE, INVESTMENT

FTSE 100 rebound capped by European worries

By Reuters UK

The top share index bounced slightly higher on Tuesday after sharp falls in the previous session, as investors bought beaten commodity and banking stocks, though the market remained volatile against a backdrop of euro zone uncertainty. (May 15)

MORE TOPICS: MERRILL LYNCH, FTSE, OUTSOURCING, INVESTMENT