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Credit Suisse Group announces full year and fourth quarter 2019 results
Strong growth in profitability, net income and returns in 2019
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Commodities Declined on Renewed Global Growth Uncertainty
Commodities generally declined after the spread of the novel coronavirus weighed on demand expectations for most Index constituents and renewed global growth uncertainty.
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Changes to the Executive Board
The Board of Directors of Credit Suisse Group has unanimously accepted the resignation of Tidjane Thiam and appointed Thomas Gottstein as the new CEO of Credit Suisse Group AG.
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Credit Suisse Announces Coupon Payments and Expected Coupon Payments on Credit Suisse X-Links® Exchange Traded Notes (the "ETNs")
On February 3, 2020, Credit Suisse declared coupon payments for the following ETNs:
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Change to the Board of Directors
The Board of Directors of Credit Suisse Group AG is proposing Richard Meddings for election as a new non-executive member of the Board of Directors at the Annual General Meeting on April 30, 2020.
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Credit Suisse Research Institute: Global effort required to tackle key challenges from water scarcity
Credit Suisse Research Institute (CSRI) today publishes a comprehensive study on water scarcity and the key challenges that lie ahead, calling for definitive action to be taken on a coordinated global basis.
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Credit Suisse arranges the industry's first green ABCP note
Credit Suisse today announces the successful inaugural issuance of a green Asset-Backed Commercial Paper (ABCP) note, raising USD 200 million. Credit Suisse understands this to be the industry's first green ABCP note. The note was issued by Alpine Securitization (a special purpose vehicle sponsored by Credit Suisse to issue ABCP).
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Credit Suisse becomes signatory to Poseidon Principles
Credit Suisse today announces that it has become a signatory to the Poseidon Principles. In doing so, the bank commits to enhancing the role of maritime finance in addressing global environmental issues, and to the goal of reducing shipping’s total annual greenhouse gas emissions by at least 50% by 2050 compared to 2008. This step is a testament to the bank’s efforts to fight climate change.
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Credit Suisse Research Institute publishes study urging rethink on retirement
The Credit Suisse Research Institute (CSRI) has today published a study calling for an urgent rethink on retirement provisions in the face of aging societies.