http://www.credit-suisse.com/news/en RSS Feed for Financial News EN © 2008 Credit Suisse Tue, 07 Oct 2008 08:51:21 +0200 Tue, 07 Oct 2008 08:51:21 +0200 media.relation@credit-suisse.com webmaster.csg@credit-suisse.com 60 http://www.credit-suisse.com/news/en/index.jsp http://www.credit-suisse.com/framework/img/logo_cs.gif http://www.credit-suisse.com:80/news/en/media_release.jsp?ns=40873 Credit Suisse Group today announced the acquisition on behalf of its Alternative Investments business of a majority interest in Asset Management Finance Corporation (AMF) from National Bank of Canada's merchant banking subsidiary (National Bank). Credit Suisse Group will acquire over 80% of AMF for USD 384 million of newly issued Credit Suisse Group stock. AMF provides capital to asset managers in exchange for a passive, non-voting, limited term interest in a manager's future revenues. Tue, 26 Aug 2008 07:00:00 +0200 Corporate Info Corporate Reporting Deals and Transactions Investment Banking Asset Management Private Banking Swiss Business Banking http://www.credit-suisse.com:80/news/en/media_release.jsp?ns=40869 Credit Suisse Group announced today that Hans-Ulrich Meister will be appointed CEO Switzerland and a member of the Executive Board. Fri, 22 Aug 2008 07:26:00 +0200 Corporate Info Corporate Reporting Swiss Business Banking Private Banking http://www.credit-suisse.com:80/news/en/media_release.jsp?ns=40860 Credit Suisse confirms today that it has agreed a settlement with the United Kingdom's Financial Services Authority (UK FSA), in relation to the mis-pricing of certain asset backed securities, under which it will pay a fine of GBP 5.6 million. Credit Suisse previously announced this mis-pricing on February 19, 2008 and the results of its internal review and remediation program on March 20, 2008. Wed, 13 Aug 2008 11:06:00 +0200 Corporate Info Swiss Business Banking Investment Banking Asset Management Private Banking Corporate Reporting http://www.credit-suisse.com:80/news/en/media_release.jsp?ns=40854 On July 28, 2008, Credit Suisse Group's own holdings of equity securities fell below the disclosure threshold of 15% of voting rights entered in the Commercial Register. Mon, 04 Aug 2008 18:19:00 +0200 Corporate Reporting http://www.credit-suisse.com/investors/en/reports/2008_results_q2.jsp Credit Suisse Group reported net income of CHF 1,215 million in the second quarter of 2008, compared with net income of CHF 3,189 million in the second quarter of 2007. Core net revenues were CHF 7,830 million, up 159% from the first quarter of 2008 but down 33% from the second quarter of 2007. Diluted earnings per share in the second quarter of 2008 were CHF 1.12 compared with CHF 2.82 in the same period a year earlier. Thu, 24 Jul 2008 07:00:00 +0200 Corporate Info Corporate Reporting Research, studies, publications Asset Management Swiss Business Banking Investment Banking Private Banking http://www.credit-suisse.com:80/news/en/media_release.jsp?ns=40836 In a disclosure report dated July 8, 2008, Credit Suisse Group was notified that as of July 1, 2008, Merrill Lynch's holding in registered shares and derivatives of Credit Suisse Group through various group companies had fallen below the reporting threshold of 2.8% of the voting rights entered in the commercial register. On June 23, 2008, the SWX Swiss Exchange granted Merrill Lynch new reporting thresholds for its holding in Credit Suisse Group, with a lower level of 2.8% and an upper level of 3.5%. Thu, 10 Jul 2008 17:45:00 +0200 Corporate Info Corporate Reporting Private Banking Swiss Business Banking Investment Banking Asset Management http://www.credit-suisse.com:80/news/en/media_release.jsp?ns=40825 In disclosure reports on June 20, 2008 and June 25, 2008 pursuant to the Swiss Stock Exchange Act, Credit Suisse Group AG was notified that as of June 13, 2008, Merrill Lynch held registered shares and derivatives of Credit Suisse Group AG through various group companies listed below corresponding to 3.005% of the voting rights entered in the commercial register. This exceeded the reporting threshold of 3%. Mon, 30 Jun 2008 17:45:00 +0200 Corporate Reporting Swiss Business Banking Investment Banking Private Banking Asset Management http://www.credit-suisse.com:80/news/en/media_release.jsp?ns=40818 Credit Suisse is pleased to confirm that an agreement has been reached with the Parmalat Group to settle all claims between the parties in Italy. The agreement settles all revocatory and damages claims in Italy involving Credit Suisse and its affiliates and the Parmalat Group. Fri, 13 Jun 2008 20:27:00 +0200 Corporate Info Corporate Reporting Asset Management Swiss Business Banking Investment Banking Private Banking http://www.credit-suisse.com:80/news/en/media_release.jsp?ns=40809 In a disclosure report of May 29, 2008, Credit Suisse Group AG was notified that as of May 23, 2008, Merrill Lynch's holding in registered shares and derivatives of Credit Suisse Group AG through various group companies had fallen below the reporting threshold of 3% of the voting rights entered in the commercial register. Mon, 02 Jun 2008 17:45:00 +0200 Corporate Info Deals and Transactions Asset Management Swiss Business Banking Investment Banking Private Banking Corporate Reporting http://www.credit-suisse.com:80/news/en/media_release.jsp?ns=40805 In a disclosure report of May 28, 2008 pursuant to the Swiss Stock Exchange Act, Credit Suisse Group AG was notified that as of May 22, 2008, Merrill Lynch held registered shares and derivatives of Credit Suisse Group AG corresponding to 3.002% of the voting rights entered in the commercial register through various group companies listed below. This exceeded the reporting threshold of 3%. Fri, 30 May 2008 17:45:00 +0200 Corporate Info Corporate Reporting Private Banking Investment Banking Swiss Business Banking Asset Management Deals and Transactions http://www.credit-suisse.com:80/news/en/media_release.jsp?ns=40789 In a disclosure report of May 16, 2008, pursuant to the Swiss Stock Exchange Act, Credit Suisse Group AG was notified that as of April 14, 2008, Merrill Lynch held registered shares and derivatives of Credit Suisse Group AG corresponding to 3.15% of the voting rights entered in the commercial register through various group companies listed below. The reporting threshold of 3% had thus been exceeded. Tue, 20 May 2008 17:45:00 +0200 Corporate Reporting Deals and Transactions Asset Management Swiss Business Banking Investment Banking Private Banking http://www.credit-suisse.com:80/news/en/media_release.jsp?ns=40762 At Credit Suisse Group's Annual General Meeting today in Zurich, shareholders approved all of the proposals put forward by the Board of Directors. Notably, shareholders approved the re-election to the Board of Directors of six members, whose terms of office expire today. Peter Brabeck-Letmathe, who is among the six members re-elected to the Board, will serve as Vice Chairman. Shareholders also approved the payment of an increased cash dividend of CHF 2.50 per share for the financial year 2007. Fri, 25 Apr 2008 14:30:00 +0200 Corporate Info Asset Management Swiss Business Banking Investment Banking Private Banking Corporate Reporting http://www.credit-suisse.com/investors/en/reports/2008_results_q1.jsp Credit Suisse Group reported a net loss of CHF 2,148 million in the first quarter of 2008, compared with net income of CHF 2,729 million in the first quarter of 2007. Net revenues on a core results basis were CHF 3,019 million in the first quarter of 2008, down 72% from the first quarter of 2007. Thu, 24 Apr 2008 07:00:00 +0200 Corporate Info Corporate Reporting Private Banking Investment Banking Swiss Business Banking Asset Management Research, studies, publications http://www.credit-suisse.com:80/news/en/media_release.jsp?ns=40733 Credit Suisse Group announced today that Rob Shafir has been appointed CEO of the Asset Management division. Mr. Shafir is assuming the role from David Blumer, who has accepted a senior position at Swiss Re. Wed, 02 Apr 2008 07:00:00 +0200 Corporate Info Asset Management Swiss Business Banking Investment Banking Private Banking Corporate Reporting http://www.credit-suisse.com:80/news/en/media_release.jsp?ns=40721 The Board of Directors of Credit Suisse Group today announced its proposals to the Annual General Meeting on April 25, 2008. The Board of Directors proposes six current members for re-election: Thomas W. Bechtler, Robert H. Benmosche, Peter Brabeck-Letmathe, Jean Lanier, Anton van Rossum and Ernst Tanner. In addition, the Board proposes the payment of an increased cash dividend of CHF 2.50 per share for the financial year 2007, as previously announced. Wed, 26 Mar 2008 07:30:00 +0100 Corporate Info Asset Management Swiss Business Banking Investment Banking Private Banking Corporate Reporting