up to 3,200 employees laid off this week
[ad_1] Goldman Sachs is laying off fewer employees than feared, but the cut is still a deep one. The global investment bank is letting go of as many as 3,200…
This offshore energy services company was Europe’s best-performing stock of the year. Credit Suisse was among the worst.
[ad_1] The best stock in Europe’s leading index of companies was a Norwegian offshore energy services provider, Subsea 7. Heading into the final trading of the year, shares of Stoxx…
Credit Suisse completes $2.4 billion capital raise as it advances cost cuts
[ad_1] Credit Suisse Group AG said Thursday that it completed its latest rights offering and had put into action around 80% of the cost cuts it planned for 2023, as…
Credit Suisse projects $1.6 billion fourth-quarter loss
[ad_1] Switzerland’s second largest bank Credit Suisse is seen here next to a Swiss flag in downtown Geneva. Fabrice Coffrini | AFP | Getty Images Credit Suisse on Wednesday projected…
Deere, HP, Nordstrom and others
[ad_1] Check out the companies making headlines before the bell: Deere (DE) – The heavy equipment maker reported better-than-expected profit and revenue for its latest quarter and issued an upbeat…
Citigroup, Manchester United, Nordstrom, Tesla and more
[ad_1] Check out the companies making headlines in midday trading Wednesday: Citigroup — The stock dropped 2.2% after Citigroup was told it must address weaknesses in its management of financial…
Credit Suisse shareholders greenlight $4.2 billion capital raise
[ad_1] The logo of Swiss bank Credit Suisse is seen at its headquarters in Zurich, Switzerland March 24, 2021. Arnd Wiegmann | Reuters Credit Suisse shareholders on Wednesday approved a…
Credit Suisse strikes deal to sell securitized-products group to Apollo
[ad_1] Credit Suisse Group AG has entered into definitive transaction agreements to sell a large part of its securitized-products group and other financing businesses to Apollo Global Management Inc. as…
Wall Street layoffs pick up steam as Citigroup and Barclays cut hundreds of workers
[ad_1] A trader, center, wears a Citigroup jacket while working on the floor of the New York Stock Exchange (NYSE) in New York. Michael Nagle | Bloomberg | Getty Images…
Credit Suisse bringing back ‘First Boston’ name as it plans up to 9,000 job cuts
[ad_1] Credit Suisse is bringing back the “First Boston” name after 17 years as the Swiss bank unveiled a sweeping restructuring that includes a big investment from Saudi Arabia, the…
Q3 2022 earnings and overhaul
[ad_1] Switzerland’s second largest bank Credit Suisse is seen here next to a Swiss flag in downtown Geneva. Fabrice Coffrini | AFP | Getty Images Credit Suisse on Thursday posted…
AMD, Levi Strauss, DraftKings and more
[ad_1] Here are the companies that are making headlines before the bell: Advanced Micro Devices (AMD) – AMD slid 5.3% in the premarket after cutting its sales forecast. The chipmaker…
CVS, Credit Suisse, AMD, Lyft and more
[ad_1] Omar Marques | LightRocket | Getty Images Check out the companies making headlines in midday trading Friday. Ambac Financial Group – Shares of the municipal bond insurer shot up…
Credit Suisse makes $2.98 billion debt-repurchase offers
[ad_1] Credit Suisse Group AG said Friday that it is offering to repurchase debt securities for a total of close to $3 billion as the troubled lender looks to manage…
Credit Suisse to buy back $3 billion in debt, sell hotel as credit fears persist
[ad_1] Signage hangs over the entrance of a Credit Suisse Group AG branch in Zurich, Switzerland, on Sunday, Sept. 25, 2022. Inflation in Switzerland has more than doubled since the…
Rivian, Credit Suisse, Poshmark and more
[ad_1] Check out the companies making headlines in premarket trading Tuesday. Rivian — Rivian’s stock rallied 9.3% after the electric vehicle maker announced that third-quarter production rose 67% from the…
Twitter, Poshmark, Rivian and more
[ad_1] Poshmark Inc. signage outside the Nasdaq MarketSite during the company’s initial public offering (IPO) in New York, U.S., on Thursday, Jan. 14, 2021. Michael Nagle | Bloomberg | Getty…
Credit Suisse to remain ‘under pressure’ but analysts wary of Lehman comparison
[ad_1] A Swiss flag flies over a sign of Credit Suisse in Bern, Switzerland FABRICE COFFRINI | AFP | Getty Images Credit Suisse shares briefly sank to an all-time low…
Peloton, Tesla, Viasat, Wells Fargo, Box and more
[ad_1] Check out the companies making the biggest moves midday Monday: Credit Suisse — Shares of Credit Suisse rose 2.3%, reversing an earlier slump that sent the stock to a…
Credit Suisse, Tesla, Myovant Sciences and more
[ad_1] Take a look at some of the biggest movers in the premarket: Credit Suisse (CS) – Credit Suisse slid 6.1% in premarket trading after the bank sought to calm…
Credit Suisse seeking to assure investors amid financial concerns: FT
[ad_1] A Swiss flag flies over a sign of Credit Suisse in Bern, Switzerland FABRICE COFFRINI | AFP | Getty Images Credit Suisse executives are in talks with the bank’s…
Rent the Runway, Oracle, Wolfspeed and more
[ad_1] Check out the companies making headlines before the bell: Rent the Runway — Shares dropped 22% after the fashion rental company said it’s laying off 24% its corporate workforce.…
Meta, Rent the Runway, Oatly and Adobe
[ad_1] Onur Dogman | Lightrocket | Getty Images Check out the companies making headlines in midday trading Tuesday. Meta – Shares of Meta slid 9.37% as the overall market fell…