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MarketScreener Homepage  >  Equities  >  Swiss Exchange  >  Credit Suisse Group AG    CSGN   CH0012138530

CREDIT SUISSE GROUP AG

(CSGN)
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Delayed Quote. Delayed Swiss Exchange - 08/07 11:30:20 am
9.946 CHF   -0.79%
02:53aURS ROHNER : Rohner
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Credit Suisse places five employees on leave over tax probe

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10/09/2016 | 09:59am EDT
Logo of Swiss bank Credit Suisse  is seen in Zurich

ZURICH (Reuters) - Credit Suisse has placed five employees on leave while it carries out an internal investigation related to tax matters, the Swiss bank said on Sunday.

Swiss newspaper SonntagsZeitung reported earlier the bank's action was in connection with a U.S. investigation into Credit Suisse's Israeli unit over possible tax evasion.

"Credit Suisse is carrying out an internal investigation relating to tax matters," the bank said in a statement. "The review is focusing on employee conduct."

Media reports first surfaced in June that the U.S. Department of Justice was conducting a probe to determine whether Credit Suisse employees in Israel helped dual Israeli and U.S. citizens to evade American taxes.

Credit Suisse did not comment on further details of the investigation.

(Reporting by Brenna Hughes Neghaiwi; editing by Clelia Oziel)

Stocks mentioned in the article
ChangeLast1st jan.
CREDIT SUISSE GROUP AG -0.79% 9.946 Delayed Quote.-24.11%
DUAL CO., LTD. 1.23% 3705 End-of-day quote.17.99%
SWISS RE LTD -0.23% 70.2 Delayed Quote.-35.42%
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Financials
Sales 2020 21 665 M 23 727 M 23 727 M
Net income 2020 3 006 M 3 293 M 3 293 M
Net Debt 2020 - - -
P/E ratio 2020 7,73x
Yield 2020 2,85%
Capitalization 23 207 M 25 425 M 25 417 M
Capi. / Sales 2020 1,07x
Capi. / Sales 2021 1,08x
Nbr of Employees 48 800
Free-Float 95,2%
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Technical analysis trends CREDIT SUISSE GROUP AG
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 20
Average target price 12,00 CHF
Last Close Price 9,95 CHF
Spread / Highest target 70,9%
Spread / Average Target 20,7%
Spread / Lowest Target -28,1%
EPS Revisions
Managers
NameTitle
Thomas Gottstein Chief Executive Officer
Urs Rohner Chairman
James Walker Chief Operating Officer
David Richard Mathers Chief Financial Officer
John Ivan Tiner Independent Non-Executive Director
Sector and Competitors