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CreditSuiss


Nouvelles

Credit Suisse names new head of Swiss private banking

ZURICH, July 5 (Reuters) - Credit Suisse CSGN.S on Tuesday said it was naming Roger Suter its new head of private banking in Switzerland, succeeding current manager Serge Fehr. "Credit Suisse is today announcing that Roger Suter, currently Regional Head Central Switzerland, will take over from Serge Fehr as Head Private Banking Switzerland, effecti
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Credit Suisse scraps negative rates for Swiss private clients

By Brenna Hughes Neghaiwi ZURICH, June 29 (Reuters) - Credit Suisse CSGN.S is scrapping the negative interest rates it has charged wealthy Swiss clients since 2020, the lender said on Wednesday, as its economists anticipate a further rate hike in Switzerland this year. "Despite the continued negative interest-rate environment, Credit Suisse will re
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Spain's Santander hires Credit Suisse, Goldman to look at Citibanamex bid - sources

(Removes repetition of Banorte in para 15) By Jesús Aguado MADRID, June 28 (Reuters) - Spain's Santander SAN.MC has hired Credit Suisse and Goldman Sachs to look at a potential bid for Citibanamex C.N , Citigroup's retail bank in Mexico, two sources familiar with the process said on Tuesday without providing further details. Both Santander and Gol
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Spain's Santander hires Credit Suisse, Goldman to look at Citibanamex bid - source

MADRID, June 28 (Reuters) - Spain's Santander SAN.MC has hired Credit Suisse and Goldman Sachs to potentially consider a bid for the Citibanamex C.N , Citigroup's retail bank in Mexico, a source familiar with the process said on Tuesday. The source did not give any further details. Santander declined to comment while Goldman Sachs GS.N and Credit S
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Credit Suisse tempers growth plans in turbulent market

(Recasts with executive comments, context) By Brenna Hughes Neghaiwi ZURICH, June 28 (Reuters) - Credit Suisse CSGN.S may "temper" some of its key growth initiatives in wealth management as it focuses efforts on a risk turnaround and bolstering technology, executives said in their first update to investors since a new strategy was set out. A series
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Credit Suisse to update investors on strategy in key areas -CEO

BERLIN, June 28 (Reuters) - Credit Suisse will inform investors about the delivery of its strategy in risk management, compliance, technology and operations and wealth management at its investor day on Tuesday, the chief executive said. "Despite the challenging market environment, we remain firmly focused on the execution of our strategic plan duri
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Credit Suisse found guilty in cocaine cash laundering case

* Credit Suisse first major Swiss bank to face criminal trial * Former banker found guilty of qualified money laundering * Bank plans to appeal By Paul Carrel BELLINZONA, Switzerland, June 27 (Reuters) - Credit Suisse CSGN.S was convicted by Switzerland's Federal Criminal Court on Monday of failing to prevent money-laundering by a Bulgarian cocaine
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Credit Suisse faces verdict in cocaine-cash trial

By Brenna Hughes Neghaiwi and John O'Donnell ZURICH, June 27 (Reuters) - Swiss judges are set to rule on Monday whether Credit Suisse CSGN.S failed to prevent money laundering linked to an alleged cocaine trafficking gang in Switzerland's first criminal trial of one of its major banks. Credit Suisse and one of its former employees face charges of a
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British Business - June 23

June 23 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Frasers Group FRAS.L said on Wednesday it has increased its maximum exposure to Hugo Boss BOSSn.DE to 900 million euros ($950.49 million) and reiterated its supp
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Santander picks calm insider as CEO to help build bridges

* Grisi, 55, to take over in January 2023 * Has 35 years' experience in retail investment banking * Is calm person and likes to be surrounded by good teams * Shares rise 2% as market expects continuity in strategy By Jesús Aguado MADRID, June 17 (Reuters) - A former investment banker and passionate jogger, Santander's SAN.MC newly-appointed CEO He
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Santander appoints Grisi as new CEO to oversee growth, digital push

* Mexican banker Grisi takes over on January 2023 * Will oversee the bank's growth strategy * Santander is currently analyzing acquisition of Citibanamex * Shares in Santander rise more than 2% * Analysts at UBS don't expect shift in strategy By Jesús Aguado MADRID, June 17 (Reuters) - Spain's Santander SAN.MC named Hector Grisi as its new chief e
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Financial Times - June 17

June 17 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines - UK secures extra winter gas from Norway via Centrica-Equinor deal Link - West End landlords Shaftesbury and Capco agree £5bn merger Link - Beleaguered Credit Suisse to pay almost 10
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Credit Suisse, UBS well-placed despite diverging profits -SNB

ZURICH, June 16 (Reuters) - The Swiss National Bank (SNB) said on Thursday that while profitability and market assessment for Switzerland's two big banks Credit Suisse CSGN.S and UBS UBSG.S have diverged, they are well-placed to face the more challenging current environment thanks to improved capital. "The capital position of both banks has improve
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Credit Suisse, UBS well-placed to handle challenging environment -SNB

ZURICH, June 16 (Reuters) - Both Credit Suisse CSGN.S and UBS UBSG.S are well-placed to face the more challenging current environment thanks to improved capital, the Swiss National Bank (SNB) said on Thursday. "The capital position of both banks has improved further since the last Financial Stability Report," the central bank said in its 2022 finan
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Credit Suisse shuffles Asia Pac banking team -memo

HONG KONG, June 15 (Reuters) - Credit Suisse CSGN.S has announced a reshuffle of its top Asian investment banking team following the promotion of Edwin Low to regional chief executive, a memo seen by Reuters showed. Zeth Hung will become the vice chairman of Asia Pacific (APAC) investment banking and capital markets (IBCM), it said. Kuan Ern Tan an
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UK Stocks-Factors to watch on June 13

June 13 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening lower on Monday, with futures FFIc1 down 1.10%. * FERREXPO: Ferrexpo Plc FXPO.L , a London-listed miner with operations in Ukraine, was in advanced talks with additional port operators in central Europe for seaborne exports, it said, adding that it has lowered output amid the confli
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UK Stocks-Factors to watch on June 13

June 13 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening lower on Monday, with futures FFIc1 down 0.53%. * SHELL-EQUINOR: Tanzania signed a framework agreement on Saturday with Norway's Equinor EQNR.OL and Britain's Shell SHEL.L that will bring closer the start of construction of a $30 billion liquefied natural gas (LNG) export terminal,
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Financial Times - June 13

June 13 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines - UK regulator puts Credit Suisse on watchlist after scandals Link - UK unions warn minister over plan to use agency workers during rail strike Link - European pension funds attack Toy
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The race to the exit

A look at the day ahead in markets from Saikat Chatterjee. A big week in markets is about to get bigger. A day after the European Central Bank took markets by surprise by signalling not just rates lift off in July but possibly a bigger move in September to contain high inflation, May U.S. inflation data could show another hot reading. Headline infl
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Financial Times - June 10

June 10 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines Unison warns of public-sector strikes unless pay deals match cost of living Link Centrica applies to reopen Britain's biggest gas storage site Link Deloitte denies it failed to protect
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