Credit Suisse photograph

Credit Suisse

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Web site www.credit-suisse.com
Ceo Tidjane Thiam
HeadquartersZürich
Switzerland
Revenue21. 79 billion CHF (2018)
Number of employees45,680 (FTE, end 2018)
Founders Alfred Escher
Founded1856
AddressVia Santa Margherita, 3, 20121 Milano MI
Hours Open ⋅ Closes 8PM
Phone 800 505 515
Date of Reg.
Date of Upd.
ID621276
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About Credit Suisse


Credit Suisse Group AG is a Swiss multinational investment bank and financial services company founded and based in Switzerland. Headquartered in Zürich, it maintains offices in all major financial centers around the world.

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Cameron's return revives memories of Greensill finance scandal

Cameron's return revives memories of Greensill finance scandal
Nov 13,2023 10:41 am

... Before Panorama s revelations, Cameron had repeatedly refused to tell Parliament how much he made promoting Greensill to investors who included customers of Swiss investment bank Credit Suisse...

Silicon Valley Bank: 500 jobs cut by new owner First Citizens

Silicon Valley Bank: 500 jobs cut by new owner First Citizens
May 25,2023 12:40 am

... Meanwhile in Europe, Swiss officials brokered a rescue deal for troubled banking giant Credit Suisse by its rival UBS, which...

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Apr 26,2023 11:41 am

... In Europe, Swiss officials also brokered a rescue for troubled banking giant Credit Suisse, which saw 61...

£55bn withdrawn from Credit Suisse before collapse

£55bn withdrawn from Credit Suisse before collapse
Apr 24,2023 1:30 am

...Collapsed banking giant Credit Suisse says 61...

Business confidence up sharply at biggest firms

Business confidence up sharply at biggest firms
Apr 16,2023 7:41 pm

... " The survey was conducted from 21 March to 3 April, which was in the aftermath of the collapse of Silicon Valley Bank in the US and the forced merger of Credit Suisse with UBS...

Britain's economy is back, says chancellor

Britain's economy is back, says chancellor
Apr 14,2023 4:50 pm

... The outlook for the UK, which relies heavily on financial services, could be clouded by current uncertainty in the banking sector, following the collapse of three US banks and UBS s emergency takeover of Credit Suisse...

UK to be one of worst performing economies this year, predicts IMF

UK to be one of worst performing economies this year, predicts IMF
Apr 11,2023 9:21 am

... In March, Swiss banking giant Credit Suisse was taken over by its rival UBS...

'Cheated' Credit Suisse investors confront bank

'Cheated' Credit Suisse investors confront bank
Apr 4,2023 11:31 am

...By Vishala Sri-PathmaBBC NewsShareholders in Credit Suisse have told the firm they feel " failed" and " cheated" after the collapsed bank was rescued by its long-time rival UBS...

Saudi Aramco unveils next stage of blockbuster flotation

Mar 28,2023 7:20 am

The World 's most profitable company has published more details about its planned stock market flotation.

Oil giant Saudi Aramco 's long-awaited prospectus said individual retail investors will have a chance to buy shares as well as big institutions.

But the 600-page prospectus did not say how much of the Saudi firm would be sold, nor the date of the listing.

It did, though, mention possible risks, including the government's control over oil output and terrorist attack.

Crown Prince Mohammed bin Salman is seeking to sell the shares to raise billions of dollars to diversify the Saudi economy away from oil by investing in non-energy industries.

Bankers think the long-awaited flotation will value Aramco at $1. 5-2 trillion, making the stock market listing the biggest ever.

The prospectus said up to 0. 5% of The Company would be set aside for retail savers, but Aramco had not yet decided on the percentage for larger institutional buyers.

After the flotation, Aramco will not list any more shares for six months, the prospectus says. Although one of The Attractions for investors is the potential of high dividends, the document said Aramco has The Right to change dividend policy without prior notice.

Aramco has hired a host of international banking giants including Citibank, Credit Suisse and HSBC as financial advisers to assess Interest in the share sale and set a price. Based on The Level of Interest - a final value will be put on the shares on 5 December.

The sale of The Company , first mooted four years ago, has been overshadowed by delays and criticism of corporate transparency at Saudi Arabia 's crown jewel.

It was initially thought about 5% of Aramco would be sold, but The Final figure is now expected to be half that.

Amid speculation that some foreign institutional investors are cool on the flotation, the government has reportedly pressed wealthy Saudi business families and institutions to invest, and many nationalists have labelled it a patriotic duty.

Aramco last year posted $111bn in net profit. In The First Nine Months of this year, its net profit dropped 18% to $68bn.



companies, saudi arabia

Source of news: bbc.com

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