Credit Suisse Group AG News
Credit Suisse Keeps Sinking
The second Swiss bank revives fears about its solvency yet again.
Embattled Credit Suisse Sends Strong Message to Speculators
The firm recently unveiled a vast restructuring plan including the elimination of 9,000 jobs by 2025.
Struggling Credit Suisse Unveils Emergency Plan
The No. 2 Swiss bank will cut up to 9,000 jobs by 2025 and raise $4 billion in capital, including from Saudi Arabia.
Stock Market Today: Stocks Fall As October Rally Faces Inflation Test; Fed Minutes Clarify Rate Path
With inflation and earnings data looming, stocks end lower Wednesday as bulls look some good news.
Stocks Higher, Bank of England, Intel, Credit Suisse, PepsiCo - Five Things To Know
Stock futures higher as earnings, inflation data loom; Bank of England re-states Friday bond buying deadline; Intel shares higher on report of big job cuts; Credit Suisse extends slump on report of new DoJ probe and PepsiCo tops earnings forecast on Frito-Lay strength
Credit Suisse CEO Tries to Shield Employees from the Storm
The Swiss bank is under pressure after numerous scandals have cost it several billion dollars.
Stock Market Today: Stocks End Sharply Lower After Key Jobs Data Release
Stocks tumbled after the release of key jobs data as the slump that has plagued Wall Street goes into its third day.
Stocks Higher, Musk and Twitter, Credit Suisse, Tik Tok and OPEC Response - Five Things To Know
Stock futures are higher ahead of the release of key September jobs data; Musk gets a slightly more time from a judge to close a deal with Twitter; Credit Suisse buys back $3 billion of its stock, Tik Tok operating losses more than triple, and the U.S. weighs a response to this week’s OPEC oil production cuts.
Credit Suisse Can't Keep CEOs
Credit Suisse CEO Ulrich Koerner began his tenure in 2022 and is set to reveal the company's turnaround plan later in October.
As Credit Suisse Tries to Survive, Anxious Employees Put Heads Down
The Swiss bank is due to unveil its turnaround plan on Oct. 27, a deadline employees say is too far off given the circumstances.
Breaking News
Fed Inflation Gauge Slowed Again in October, Supporting Dovish Powell
Further slowing in the Fed's preferred inflation gauge is adding heft to Chairman Jerome Powell's signals of smaller rate hikes.
Amazon Needs to Kill Alexa, Maybe Exit Echo Devices
The online retail giant had a plan to own your living room. It didn't work because AI-powered voice assistants don't work.
General Mills Tries a New Take on Lucky Charms
The new variant may be even more magically delicious.
Elon Musk's Latest Twitter Move Looks Like an Act of Desperation
Twitter is desperate for revenue. It has a $13 billion debt burden, but hasn’t showed a profit for eight of the last 10 years.