Street's Q2 Report Cards Are In
- CS Net Off 37%; Legal Reserves Hiked. Bloomberg News // American Banker;8/4/2005, Vol. 170 Issue 149, p20
Reports that Credit Suisse Group's second-quarter profit is down 37% from a year earlier because of its increased reserves to cover potential litigation in the U.S.; Decline in its earnings from private banks; Totaling of net income to $718 million, making Credit Suisse the second largest bank...
- Credit Suisse Posts Profit; CSFB Declines. Bloomberg News // American Banker;8/5/2004, Vol. 169 Issue 150, p20
Announces that Credit Suisse Group, Switzerlands second largest bank, posted a 2004 second-quarter profit on higher revenue from managing money for the wealthy. Financial statistics on net income, revenues, and stock trading volume; Success of the company's private banking sector; Profit losses...
- CSFB Posts a Decline in M&A Revenue. // American Banker;2/18/2005, Vol. 170 Issue 34, p20
Reports that although Credit Suisse Group said its fourth-quarter profits rose 22% from a year earlier, to $809 million, disappointing results in its advisory business overshadowed strong trading revenue in its investment bank. Reference to the fact the chief executive officer Oswald Gruebel has...
- CSFB Continues Its Slide in High Yield. Sargent, Carolyn // Investment Dealers' Digest;4/11/2005, Vol. 71 Issue 14, p7
Reports on the financial performance of Credit Suisse First Boston Corp. for the first quarter of 2005. Decrease in the company's U.S. junk deals; Competitors of the bank; Amount of European high-yield market share of the firm; Growth strategy of the company.
- Profit Drop Challenges CSFB Exec. // American Banker;7/24/2001, Vol. 166 Issue 141, p4
Reports on the second-quarter earnings of Credit Suisse FirstBoston as of July, 2001. Drop in profit due to decline in fees from stock underwriting and mergers advising; Comments by Ayo Salami, analyst at Nomura International in London.
- Credit Suisse Cuts Northern Trust Outlook. Reilly, Patrick // American Banker;4/5/2001, Vol. 166 Issue 66, p20
Reports on Credit Suisse First Boston Corp.'s reduction of its earnings expectations for Northern Trust Bank for the first quarter of 2001. Impact of the company's Personal Financial Services unit on the firm's financial performance.
- CSFB Still Lags In Cost-Cutting. Hahn, Avital Louria // Investment Dealers' Digest;6/7/2004, Vol. 70 Issue 23, p12
Reports on Credit Suisse First Boston's slow progress in controlling its costs. Lag behind peers in the category of the ratio of compensation to net revenue; Comparison with ratios of other Wall Street firms; Overall trend in compensation to net revenue at Wall Street.
- FRACAS EXPOSES CRACKS IN INVESTMENT BANKING MARKET. Neville, Laurence // Global Finance;Feb2006, Vol. 20 Issue 2, p8
The article reports on a dispute between leading investment banks, UBS and Credit Suisse First Boston, regarding privatization mandates in Romania that threatens to damage the reputation of both. The dispute has highlighted the low fees emerging for initial public offerings which resulted to an...
- Banks withdraw. // MEED: Middle East Economic Digest;1/27/2006, Vol. 50 Issue 4, p31
The article reports on the decision of UBS and Credit Suisse First Boston (CSFB) not to seek new business in Iran. Both banks have decided not to seek new business with Iran because of the increased risk profile of the country as a result of rising international pressure. According to other...