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Fannie Mae said Monday that it named Jonathan Plutzik, a former Credit Suisse executive, to its board directors.
The Swiss bank Credit Suisse has signed a 10-year sponsorship with Roger Federer.
Sprint Nextel Corp. shares rose ahead of regular trading Monday after Credit Suisse upgraded the wireless carrier, predicting the company will stop losing net subscribers in the last few months of the year.
Swiss bank Credit Suisse Group said Thursday that net profit almost doubled to 2.4 billion Swiss francs ($2.4 billion) in the third quarter, helped by strong returns on financial market trading and investment banking.
Credit Suisse upgraded Hewlett-Packard Co. on Tuesday, calling a bottom to its printer business and pointing out improving demand for computer hardware.
A Credit Suisse analyst upgraded Novellus Systems Inc. shares to "Outperform" Monday, citing several reasons including an expectation that Samsung Electronics Co. will raise its 2010 capital expenditures — something that could benefit Novellus.
A Credit Suisse analyst downgraded shares of medical laboratory operators Quest Diagnostics Inc. and Laboratory Corp. of America Holdings Wednesday, predicting slower growth and smaller profits in 2010.
A year after the financial markets trashed trillions in retirement savings, it's a great time to take a closer look at your investment risk. The Answer Desk, by John W. Schoen.
Falling margins and weakening sales prompted a Credit Suisse analyst to downgrade PetSmart Inc. to "Neutral" from "Outperform" on Thursday.
Perrigo Co. shares dipped Tuesday after a Credit Suisse analyst downgraded the drugmaker's shares to "Neutral" from "Outperform."
Swiss bank Credit Suisse Group on Thursday reported a 29 percent increase in second quarter net profit after a strong performance in its investment unit drove up core revenues.
Even the chief executive of banking giant Credit Suisse Group is complaining about late fees these days.
A federal bankruptcy judge ruled Wednesday that Credit Suisse must offer about $42 million in cash to clear other creditors' claims on top of any bid it makes for a luxury Montana resort at auction.
Swiss banking giant Credit Suisse on Thursday reported a first-quarter net profit of 2 billion Swiss francs ($1.72 billion), following a turnaround in its investment bank, which had previously been hit hard by the credit crunch.
Shares of Universal Health Services Inc. rose Thursday after a Credit Suisse analyst upgraded the hospital operator, and said Universal Health could win patients from not-for-profit rivals.
Credit Suisse is unable to raise the money needed to bring a gated community near Park City out of bankruptcy.
Credit Suisse Group said Sunday it has paid around 100 million Swiss francs ($86.7 million) in compensation to 2,000 clients who lost money in collapsed U.S. investment bank Lehman Brothers.
Swiss bank Credit Suisse Group is stopping its sponsorship of Formula One team BMW Sauber.
Credit Suisse Group said Wednesday it is selling parts of its asset management business to Aberdeen Asset Management PLC in return for a 24.9 percent interest in the British investment firm.
Credit Suisse Group said Thursday it is changing its bonus system to transfer $5 billion in questionable assets to top managers.
Credit Suisse Group said Thursday it is cutting 5,300 jobs — about 11 percent of its global work force — in a bid to reduce costs and take its business back into the black.
Investment bank Credit Suisse says it will cut around 10 percent of its British work force, or 650 jobs.
Shares in DSG International PLC rose 21 percent Friday from a 20-year low after Credit Suisse raised its rating of the stock to "outperform" on the basis that market concern over the economic slowdown had left the stock too cheap.
Friday's dismal employment report underscores the urgent need for President-elect Barack Obama to act quickly to get the economy back on track. But as the devastating economic downturn gains momentum and spreads around the globe, there is a growing concern that any actions under the new administration will have little impact in the short term.
Credit Suisse Group reported a 1.26 billion Swiss franc ($1.08 billion) loss during the third quarter Thursday, blaming bad investments and the global financial turmoil, and the bank said it was working to further cut its exposure to toxic assets.
Bank of American vs. American WorkersThree articles showing a straight-path B of A took to get billions from the US Treasury. BofA sends lobbyists to help write the Bailout without oversight debacle..
International Banks: Winners and LosersThe financial crisis has hit the banking industry hard. The market values of the top 20 banks in the world have dropped significantly.
Credit Suisse expects to post quarterly loss after 'misconduct' by traders Credit Suisse said Thursday that it was likely to post its first quarterly loss since 2003 because of large write-downs related to difficult market conditions and "intentional misconduct" at its trading desk.
UBS take over Credit Suisse after Bush-Cheney manouevringLast week, Dick Cheney attempted to steal $45 billion from George Bush. Credit Suisse diverted $45 billion to a secret personal account held by Halliburton in Dubai for Cheney. The $45 billion was held in trust for the President.
Undue Influence at the SEC? - TIMEGary J. Aguirre had to apply 24 times to become a staff attorney for the Securities and Exchange Commission, but it only took his first case to make him realize that this was not his public service dream come true.
NYC Buildings Uce ICe to Keep CoolNew York buildings uses blocks of ice to keep temperatures energy usage and costs down. There is less pollution using this system as well.
Supreme Court sides with Wall StreetThe plutocracy is further strengthened. This ruling, combined with the new bankruptcy laws against the American people, gives banks and corporations further impunity in conspiring for maximum profits, or worse, at the expense of the rest of us. --Gas Pants Press ***
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