credit suisse group-spon adr (CS) Key Developments
Credit Suisse Group AG Presents at 9th Annual FIA Asia Derivatives Conference, Dec-04-2013 04:15 PM
Nov 30 13
Credit Suisse Group AG Presents at 9th Annual FIA Asia Derivatives Conference, Dec-04-2013 04:15 PM. Venue: The St. Regis, Singapore. Speakers: Scott Shenk, Director & Head of Listed Derivatives DMA for APAC.
Credit Suisse Group AG Presents at The Trading Show - New York 2013, Dec-03-2013 02:55 PM
Nov 30 13
Credit Suisse Group AG Presents at The Trading Show - New York 2013, Dec-03-2013 02:55 PM. Venue: Three Sixty Tribeca, New York, New York, United States. Speakers: Rick Aiere, VP, IT IB Architecture.
DBS And ABN Reportedly To Make Final Bids For SocGen’s Asian Private Bank
Nov 26 13
DBS Group Holdings Limited (SGX:D05) and ABN AMRO Group N.V. made final offers for Societe Generale Group (ENXTPA:GLE) (SocGen)’s private banking business in Asia, two people with knowledge of the matter said. Bids submitted on November 25, 2013 have valued the unit at $300 million-$400 million, one of the people said, asking not to be identified as the process is private. Reuters reported that Societe Generale has selected five offers its unit worth $400 million. The possible also include and Credit Suisse Group AG (SWX:CSGN). The news report stated that Societe Generale and possible bidders declined to comment.
Credit Suisse Announces Plan to Ring Fence its Swiss Operations
Nov 22 13
Credit Suisse has announced a plan to ring fence its Swiss operations. The bank has created plans to separate its domestic operations from its more risky investment banking business. The move is part of measures aimed at saving tax payers from costly bailouts. The strategy is to put the bank's domestic retail, commercial and private banking operations in a system that is more secure to uncertainties in the market. Credit Suisse said that it would set up a Swiss subsidiary from mid-2015 and begin booking investment banking business in the region.
Credit Suisse Bank Announces New Legal Structure
Nov 21 13
Credit Suisse announced that is to change its legal structure to meet stricter regulatory requirements for banks deemed too big to fail. The reform comes after banking regulators across the globe introduced new rules amid the financial crisis, mindful of the risk posed to the broader economy if major players get into trouble.