Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Switzerland
  4. Swiss Exchange
  5. Credit Suisse Group AG
  6. News
  7. Summary
    CSGN   CH0012138530

CREDIT SUISSE GROUP AG

(CSGN)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Credit Suisse : chairman doubles down with $1 million stock purchase

07/30/2021 | 12:26pm EDT
FILE PHOTO: The headquarters of Swiss bank Credit Suisse are seen in Zurich

ZURICH (Reuters) - Credit Suisse Chairman Antonio Horta-Osorio has bought another 1 million Swiss francs ($1.1 million) worth of shares in the group as he tries to restore order to Switzerland's second-biggest bank.

Regulatory filings showed a member of the bank's board of directors had purchased the shares on Friday. A spokesperson confirmed it was Horta-Osorio.

In May, Horta-Osorio had bought 1.1 million Swiss francs worth of shares in the group.

The former Lloyds chief executive is looking at the bank's risk management and culture in the wake of two major crises as well as reviewing the bank's strategic options.

His purchase comes a day after a review found a "lackadaisical" attitude towards risk and "a lack of accountability" were to blame for its $5.5 billion loss on investment fund Archegos as the bank reported a near 80% fall in second-quarter profit.

($1 = 0.9063 Swiss francs)

(Reporting by Brenna Hughes Neghaiwi; Editing by Michael Shields and Louise Heavens)


ę Reuters 2021
All news about CREDIT SUISSE GROUP AG
03:36aSTOXX EUROPE 600 : France's OVHcloud Confirms Plan to Launch Paris IPO
MT
09/19PRUDENTIAL : Seeks Nearly $3 Billion in Hong Kong Share Sale
MT
09/19Prudential Plans to Raise Up to US$2.89 Billion in Hong Kong Share Offer
DJ
09/17RYANAIR : Credit Suisse Lifts Price Target on Ryanair to EUR20.19 From EUR18.80,..
MT
09/17KUEHNE + NAGEL INTERNATIONAL : Credit Suisse Lifts Price Target on Kuehne & Nage..
MT
09/17HOLCIM : Credit Suisse Lowers Price Target on Holcim, Maintains Outperform Recom..
MT
09/17Credit Suisse Promotes Christine Graeff to Global Head of Human Resources
CI
09/17NORTH AMERICAN MORNING BRIEFING : Stock Futures -2-
DJ
09/17Credit Suisse Appoints Christian Deiss as New Head of Mergers and Acquisition..
CI
09/17ANALYST RECOMMENDATIONS : Autoliv, Fortinet, Tesla, Virgin Galactic, WP Carey...
More news
Analyst Recommendations on CREDIT SUISSE GROUP AG
More recommendations
Financials
Sales 2021 22 482 M 24 107 M 24 107 M
Net income 2021 539 M 578 M 578 M
Net Debt 2021 - - -
P/E ratio 2021 45,2x
Yield 2021 1,83%
Capitalization 22 917 M 24 619 M 24 573 M
Capi. / Sales 2021 1,02x
Capi. / Sales 2022 1,04x
Nbr of Employees 49 240
Free-Float 90,9%
Chart CREDIT SUISSE GROUP AG
Duration : Period :
Credit Suisse Group AG Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends CREDIT SUISSE GROUP AG
Short TermMid-TermLong Term
TrendsNeutralBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 22
Last Close Price 9,50 CHF
Average target price 11,00 CHF
Spread / Average Target 15,8%
EPS Revisions
Managers and Directors
Thomas Gottstein Chief Executive Officer
David Richard Mathers Chief Financial Officer
Antˇnio Mota De Sousa Horta-Osorio Chairman
James Walker Chief Operating Officer
Thomas Grotzer Global Head-Compliance
Sector and Competitors