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…
Saudi crown prince set to invest in Credit Suisse’s new investment bank
[ad_1] Saudi Arabia’s crown prince and a U.S. private-equity firm run by Barclays PLC’s BCS, -0.89% former chief executive are among investors preparing to invest $1 billion or more into Credit…
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…
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…
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…