Tag Archives: Credit Suisse

LME Taps Finance Veteran Robert Arbuthnott as New Chief Financial Officer

(IN BRIEF) The London Metal Exchange (LME) has appointed Robert Arbuthnott as its new Group Chief Financial and Administrative Officer, effective September 16, 2024. With over 30 years of experience in global financial services, Robert brings extensive expertise in finance … Read the full press release

UBS Forges Strategic Alliance with University of St.Gallen, Elevating Innovation and Talent Development

(IN BRIEF) Continuing the trajectory initiated with Credit Suisse in 2021, UBS is set to become a strategic partner of the University of St.Gallen (HSG). Emphasizing Switzerland’s position as an international innovation hub, the collaboration aims to foster innovation, entrepreneurship, … Read the full press release

Swiss Banks Boost Financing to Egypt’s Textile Modernization Program to EUR 375 Million

(IN BRIEF) Credit Suisse AG, UBS Switzerland AG, and other Swiss banks have collectively increased their financing commitment to the Cotton, Spinning, Weaving & Garment Holding Co in Cairo, Egypt, to EUR 375 million as part of the country’s textile … Read the full press release

Swiss Bank Hypothekarbank Lenzburg Embraces Digital Securities via SDX Membership

(IN BRIEF) Hypothekarbank Lenzburg AG has joined SIX Digital Exchange (SDX), enhancing its presence in Switzerland’s digital asset ecosystem. SDX is a regulated financial market infrastructure for digital assets. This collaboration allows Hypothekarbank Lenzburg to explore issuing and listing native … Read the full press release

UBS Ends Loss Protection Agreement and Liquidity Backstop with Swiss Government in Credit Suisse Rescue Effort

(IN BRIEF) UBS Group AG has voluntarily terminated its CHF 9 billion Loss Protection Agreement (LPA) with the Swiss government, covering potential losses from Credit Suisse non-core assets, after a thorough evaluation of the assets and stress loss scenarios. Additionally, … Read the full press release

Barclays Strengthens Industrials Team with Appointment of Yuri Shakhmin as Managing Director

(IN BRIEF) Barclays has announced the appointment of Yuri Shakhmin as a Managing Director in the Global Industrials Group within its Investment Banking division. Shakhmin’s extensive experience and track record in advising industrial clients make him a valuable addition to … Read the full press release

Credit Suisse Shares to be Delisted Following UBS Acquisition

Ad hoc announcement pursuant to Article 53 of the SIX Exchange Regulation Listing Rules (IN BRIEF) UBS Group AG has announced its acquisition of Credit Suisse Group AG in a deal that is expected to be completed by June 12, … Read the full press release

Credit Suisse Worry Barometer 2022: el medio ambiente, la principal preocupación de la población suiza en 2022

(COMUNICADO DE PRENSA) ZURICH, 23-Nov-2022 — /EuropaWire/ — Credit Suisse Group AG, una empresa global de gestión de patrimonio, banca de inversión y servicios financieros, ha anunciado el lanzamiento de su último Worry Barometer 2022 , una encuesta de votantes … Read the full press release

Ruchir Sharma to co-lead the Global Foreign Exchange (GFX) of Deutsche Bank in Asia Pacific

(PRESS RELEASE) SINGAPORE, 15-Sep-2022 — /EuropaWire/ — Deutsche Bank (XETRA: DBKGn.DB / NYSE: DB), Germany’s leading multinational investment bank and financial services company, has announced the appointment of Ruchir Sharma as Co-Head of Global Foreign Exchange (GFX) for Asia Pacific. … Read the full press release

Ruchir Sharma co-dirigera le Global Foreign Exchange (GFX) de Deutsche Bank en Asie-Pacifique

(COMMUNIQUÉ DE PRESSE) SINGAPORE, 15-Sep-2022 — /EuropaWire/ — Deutsche Bank (XETRA : DBKGn.DB / NYSE : DB), leader allemand banque d’investissement multinationale et société de services financiers, a annoncé la nomination de Ruchir Sharma au poste de co-responsable de Global Foreign Exchange … Read the full press release

Credit Suisse unveils new service in support of tax-exempt foundations domiciled in Switzerland

Charitable foundations domiciled in Switzerland to benefit from new dedicated solution for investment of foundation assets (PRESS RELEASE) ZÜRICH, 10-May-2022 — /EuropaWire/ — Credit Suisse, a global wealth manager, investment bank and financial services firm, has announced the launch of … Read the full press release

Credit Suisse presenta un nuevo servicio en apoyo de fundaciones exentas de impuestos domiciliadas en Suiza

Las fundaciones benéficas domiciliadas en Suiza se beneficiarán de una nueva solución dedicada para la inversión de los activos de la fundación (COMUNICADO DE PRENSA) ZÜRICH, 10-May-2022 — /EuropaWire/ — Credit Suisse, una empresa global de gestión de patrimonio, banco … Read the full press release

Credit Suisse publica información financiera histórica actualizada para todos los trimestres de 2021 y 2020, así como para los años fiscales de 2019 y 2018

(COMUNICADO DE PRENSA) ZÚRICH, 7-Apr-2022 — /EuropaWire/ — Credit Suisse, una empresa global de gestión de patrimonio, banca de inversión y servicios financieros, ha anunciado la publicación de información financiera histórica actualizada para todos los trimestres de 2021 y 2020, … Read the full press release

Credit Suisse releases restated historical financial information for all quarters of 2021 and 2020, as well as for FY of 2019 and 2018

(PRESS RELEASE) ZÜRICH, 7-Apr-2022 — /EuropaWire/ — Credit Suisse, a global wealth manager, investment bank and financial services firm, has announced the release of restated historical financial information for all quarters of 2021 and 2020, as well as for FY … Read the full press release

Les PME suisses prévoient d’augmenter encore leurs exportations tout au long de 2022 – enquête du Credit Suisse et de Switzerland Global Enterprise

(COMMUNIQUÉ DE PRESSE) ZÜRICH, 27-Jan-2022 — /EuropaWire/ — Credit Suisse, un gestionnaire de fortune mondial, une banque d’investissement et une société de services financiers, et Switzerland Global Enterprise (S-GE), l’organisme officiel L’organisme suisse chargé de la promotion des exportations et … Read the full press release

Swiss SMEs expect to increase exports further throughout 2022 – Credit Suisse and Switzerland Global Enterprise survey

(PRESS RELEASE) ZÜRICH, 27-Jan-2022 — /EuropaWire/ — Credit Suisse, a global wealth manager, investment bank and financial services firm, and Switzerland Global Enterprise (S-GE), the official Swiss body responsible for export and investment promotion, have announced the release of their … Read the full press release

Credit Suisse Group AG ends its 2021 share buyback program under which it repurchased 25 million of its shares

(PRESS RELEASE) ZURICH, 3-Jan-2022 — /EuropaWire/ — Credit Suisse Group AG, a global wealth manager, investment bank and financial services firm, has announced the completion of its 2021 share buyback program called The Share Repurchase Program, which began on January … Read the full press release

Credit Suisse’s Swiss Office Property Market 2022 study: home working trend is likely to keep impacting the office property market for several more quarters

(PRESS RELEASE) ZÜRICH, 8-Dec-2021 — /EuropaWire/ — Credit Suisse, a global wealth manager, investment bank and financial services firm, has announced the publication of its study on the Swiss office property market. The full report made in English and called … Read the full press release

Credit Suisse’s digital bank service CSX turns 1: now Switzerland’s best-known brand for digital banking

(PRESS RELEASE) ZÜRICH, 26-Nov-2021 — /EuropaWire/ — Credit Suisse, a global wealth manager, investment bank and financial services firm, has announced that its digital banking offering CSX [https://csx.credit-suisse.com] is taking off just one year since its launch. Now the digital … Read the full press release

SGS to refinance several undrawn bilateral committed credit lines with EUR 1 Billion Sustainability-Linked Revolving Credit Facility

(PRESS RELEASE) GENEVA, 5-Nov-2021 — /EuropaWire/ — SGS, the world’s leading testing, inspection and certification company, has announced it signed a sustainability-linked Revolving Credit Facility (RCF) for an amount of EUR 1 billion and a tenor of five years with … Read the full press release

Credit Suisse: The risk of inflation in Switzerland and Europe is too low for the European Central Bank and Swiss National Bank to raise key interest rates

Credit Suisse publishes “Monitor Switzerland” for Q3 2021 (PRESS RELEASE) ZÜRICH, 15-Sep-2021 — /EuropaWire/ — Credit Suisse, a global wealth manager, investment bank and financial services firm, has announced the release of its quarterly “Monitor Switzerland” for Q3 2021. The … Read the full press release

Credit Suisse (Switzerland) Ltd. appoints Renato Costantini as new General Counsel

(PRESS RELEASE) ZÜRICH, 26-Apr-2021 — /EuropaWire/ — Credit Suisse (Switzerland) Ltd. welcomes Renato Costantini as the new General Counsel. In this role, Renato will also join Executive Board of Credit Suisse (Switzerland) Ltd. and the Management Committee of the Swiss … Read the full press release

EBRD supports green investments and women-led businesses in Turkey through US$ 100 million loan to Denizbank

Building resilience of the Turkish economy (PRESS RELEASE) LONDON, 19-Feb-2021 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) announces that it has provided US$ 100 million in new funds to Denizbank A.S. for on-lending to local businesses … Read the full press release

Stephan Hänseler elected Chairman of the Board of Directors of SIX Terravis Ltd

(PRESS RELEASE) ZURICH, 28-Jan-2021 — /EuropaWire/ — SIX Terravis Ltd., the land register interface, announces changes in its Board of Directors. At an Extraordinary General Meeting, Stephan Hänseler, Managing Director of SIX SIS Ltd, was elected Chairman of the Board … Read the full press release

Credit Suisse clients now with access to The Conduit Connect’s impact investment opportunities

(PRESS RELEASE) ZURICH, 23-Oct-2020 — /EuropaWire/ — Credit Suisse, a global wealth manager, investment bank and financial services firm, has announced a new partnership with The Conduit Connect, a London-based club focused on driving positive social change, aimed at matching … Read the full press release

Swiss Canton Zug cuts its corporate taxes and returns on top of 2020’s Credit Suisse Locational Quality Indicator

(PRESS RELEASE) ZURICH, 13-Oct-2020 — /EuropaWire/ — Credit Suisse, a global wealth manager, investment bank and financial services firm, has announced the release of its Locational Quality Indicator annual study for 2020 that looks into the locational quality of Swiss … Read the full press release

Credit Suisse study: pension situation in Switzerland likely to deteriorate considerably in the future without far-reaching reforms

(PRESS RELEASE) ZURICH, 22-Sep-2020 — /EuropaWire/ — Credit Suisse (SWX: CSGN), a global wealth manager, investment bank and financial services firm, has released its study on retirement provision in Switzerland showing that the path to early retirement is becoming more difficult. … Read the full press release

Kieran Doran to lead Barclays’ Aerospace & Defense Investment Banking

(PRESS RELEASE) LONDON, 20-Aug-2020 — /EuropaWire/ — British multinational investment bank and financial services company Barclays announces the appointment of Kieran Doran as a Managing Director in Aerospace & Defense Investment Banking. Based in New York, Mr. Doran will report … Read the full press release

10 year long CHF 3 million grant from Credit Suisse backs an existing professorship at the University of Zurich

10 year long CHF 3 million grant from Credit Suisse backs an existing professorship at the University of Zurich

(PRESS RELEASE) ZURICH, 1-Jul-2019 — /EuropaWire/ — The Professorship of the Economics of Corporate Culture, Business Ethics and Social Responsibility at the University of Zurich is getting financial backing from Credit Suisse. The bank has just signed an agreement with … Read the full press release

Credit Suisse holds the first-ever Swiss-wide day dedicated to the entrepreneurship

(PRESS RELEASE) ZURICH, 20-Feb-2019 — /EuropaWire/ — Credit Suisse is today commemorating the 200th anniversary the birth of Alfred Escher. What Alfred Escher has achieved back in the 19th century continues to have a lasting impact on Switzerland as an economic … Read the full press release

Francois Monnet and Benjamin Cavalli to lead Private Banking Asia Pacific at Credit Suisse

Credit Suisse today announced the appointments of Francois Monnet and Benjamin Cavalli to lead Private Banking Asia Pacific. Mr. Monnet and Mr. Cavalli will continue to be based in Hong Kong and Singapore respectively, and will report to Helman Sitohang, … Read the full press release

Credit Suisse subsidiary SVC Ltd. for Risk Capital for SMEs strengthens its commitment in MedTech field with investment in start-up Ava AG

Company impresses with scientifically based ovulation tracker and underlying business model ZURICH, 31-May-2018 — /EuropaWire/ — Credit Suisse subsidiary SVC Ltd. for Risk Capital for SMEs, founded in 2010, provides Swiss SMEs and start-up companies with a total of CHF 130 million … Read the full press release

Credit Suisse strengthens and expands its China Equity Research capabilities with 11 new equity research analysts

HONG KONG, 23-Nov-2017 — /EuropaWire/ — Credit Suisse today announces a series of new appointments to strengthen and expand its China Equity Research capabilities, thereby further enhancing its market leading franchise in the region. A total of 11 equity research analysts … Read the full press release

BKW sells its Swissgrid convertible loan to Credit Suisse for CHF 97 million

Sale of Swissgrid convertible bond BERN, 15-Nov-2016 — /EuropaWire/ — BKW sells its Swissgrid convertible loan to Credit Suisse at a nominal value of around CHF 97 million. The two companies have signed a contract to mark the deal. The … Read the full press release

Credit Suisse and Switzerland Global Enterprise released their Swiss SME export indicator results for Q2 2014

Zurich, 22-4-2014 — /EuropaWire/ — The outlook for foreign demand for Swiss export goods receded slightly from the previous quarter. It has dimmed particularly for exports to Asian markets. Nevertheless, Swiss SMEs remain just as optimistic as before. Export sentiment hasn’t … Read the full press release

Credit Suisse: Commodities increased in February as supply and demand fundamentals supported returns

New York, 12-3-2014 — /EuropaWire/ — Nelson Louie, Global Head of Commodities in Credit Suisse’s Asset Management business, said, “As of the end of the month, the path for Ukraine was unclear. Russia’s show of force across the Crimean Peninsula stoked supply-risk … Read the full press release

Credit Suisse releases sixth annual Hedge Fund Investor Survey “Onwards and Upwards”

LONDON, 12-3-2014 — /EuropaWire/ — Credit Suisse today releases its sixth annual Hedge Fund Investor Survey, entitled “Onwards and Upwards”, in which over 500 respondents participated, representing $1.16 trillion of hedge fund investments, were analysed on a number of topics including: • … Read the full press release

Credit Suisse Group reports 3Q13 and 9M13 results

Credit Suisse Group 3Q13 results reflect resilient Private Banking & Wealth Management profitability, strong Equities revenues and continued progress on cost and capital, mitigating the impact of reduced Fixed Income client activity 3Q13 results: – Underlying*: Core pre-tax income of … Read the full press release

Credit Suisse to release restated historical financial information on January 7, 2014 following non-strategic units introduction

Zurich, Switzerland, 6-1-2014 — /EuropaWire/ — On January 7, 2014 at 07:30 CET, Credit Suisse will release restated historical financial information arising from the introduction of the non-strategic units announced on October 24, 2013. David Mathers, Chief Financial Officer, will host a … Read the full press release

Credit Suisse Group AG reports 2Q13 and 6M13 results

– 2Q13 Core pre-tax income of CHF 1,534 million, up 38% from 2Q12, net income attributable to shareholders of CHF 1,045 million and return on equity of 10% – 6M13 Core pre-tax income of CHF 3,356 million, up 192% from … Read the full press release