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    CSGN   CH0012138530

CREDIT SUISSE GROUP AG

(CSGN)
  Report
Delayed Swiss Exchange  -  11:31 2022-11-25 am EST
3.318 CHF   -6.56%
12:53pFew Credit Suisse clients have closed accounts - CEO of the bank's Swiss unit
RE
10:14aCanadian banks count on loan growth as stormy markets dent profits
RE
11/25ADRs End Mixed; ArcelorMittal, Credit Suisse Trade Actively
DJ
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UBS credit default swaps hit decade high after Credit Suisse blow out

10/03/2022 | 12:49pm EST
FILE PHOTO: Logo of Swiss bank Credit Suisse is seen in Bern

LONDON (Reuters) - The cost of insuring exposure to debt issued by Swiss lender UBS rose to a decade high on Monday after peer Credit Suisse was caught in the market spotlight amid concerns about its ability to revamp its business and bolster its capital.

UBS five-year credit default swaps (CDS) rose 12 basis points from Friday's close to 118 bps, its highest level since 2013, data from S&P Global Market Intelligence showed.

Credit Suisse CDS last stood at 335 bps, well above Friday's close of 250 bps but below the 355 bps hit earlier on Monday.

(Reporting by Karin Strohecker; editing by Dhara Ranasinghe)


ę Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
CREDIT SUISSE GROUP AG -6.56% 3.318 Delayed Quote.-62.60%
UBS GROUP AG -0.60% 17.48 Delayed Quote.6.46%
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Analyst Recommendations on CREDIT SUISSE GROUP AG
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Financials
Sales 2022 15 708 M 16 597 M 16 597 M
Net income 2022 -4 347 M -4 593 M -4 593 M
Net Debt 2022 - - -
P/E ratio 2022 -1,66x
Yield 2022 1,28%
Capitalization 10 215 M 10 794 M 10 794 M
Capi. / Sales 2022 0,65x
Capi. / Sales 2023 0,58x
Nbr of Employees 51 680
Free-Float 98,4%
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Technical analysis trends CREDIT SUISSE GROUP AG
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TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 16
Last Close Price 3,32 CHF
Average target price 5,24 CHF
Spread / Average Target 57,9%
EPS Revisions
Managers and Directors
Ulrich K÷rner Group Chief Executive Officer
Dixit Joshi Chief Financial Officer
Axel P. Lehmann Chairman
Joanne Hannaford Chief Technology Officer
Francesca Jane McDonagh Chief Operating Officer
Sector and Competitors