Credit Suisse

UBS Group AG (NYSE: UBS) CEO Sergio Ermotti recently shared his thoughts on troubled Credit Suisse Group AG (NYSE: CS), saying that the latter bank has stabilized and that he did not think outflows at the embattled bank were continuing. In an interview with...

Shares of HCA Healthcare Inc (NYSE: HCA) continued to climb in early trading on Monday, after smashing earnings expectations and getting price targets bumped by analysts. Here are some key takeaways from additional analysts. Oppenheimer On HCA Healthcare Analyst Michael Wiederhorn maintained an...

Shares of State Street Corp (NYSE: STT) crashed on Monday after the company reported lower-than-expected revenues and earnings for its first quarter.  Keefe, Bruyette & Woods On State Street Analyst Michael Brown maintained an Outperform rating, while reducing the price target from $84 to...

Shares of Charles Schwab Corporation (NYSE: SCHW) were rising on Tuesday, after the company reported better-than-expected revenues and earnings for its first quarter. Keefe, Bruyette & Woods On Charles Schwab Analyst Kyle Voigt maintained an Outperform rating and price target of $65....

UBS Group AG (NYSE: UBS), which agreed to buy peer Credit Suisse AG (NYSE: CS) in a central-bank-brokered deal, is preparing to eliminate about 20 to 30% of jobs worldwide, according to a recent report.  UBS is expected to announce up to 36,000 job cuts across its branches, reports ...

Switzerland's Financial Market Supervisory Authority (FINMA) will probe Credit Suisse Group AG (NYSE: CS) bank and potentially take disciplinary action against the financial services firm.  FINMA will probe how top managers ran the Credit Suisse bank in the lead-up to its...

Investors became anxious on Friday, as Deutsche Bank AG's (NYSE: DB) shares fell by as much as 14% following a string of bank failures and bailouts worldwide.  According to Reuters, Deutsche Bank fell 11.6% in Frankfurt trading while its U.S.-listed shares fell 6%. The drops...

UBS Group AG's (NYSE: UBS) takeover of Credit Suisse Group AG (NYSE: CBS) has done nothing to alleviate market concerns about the banking sector, and it continues to throw a shadow over the rights of credit institution shareholders and bondholders. On Sunday, the Swiss government used its...

Swiss investment bank UBS Group AG (NYSE: UBS) and its beleaguered peer Credit Suisse AG (NYSE: CS) have reached an agreement for the former to acquire the latter in a deal brokered by the Swiss government. What Happened: UBS has agreed to pay 3 billion Swiss fancs ($3.25 billion) in...

UBS Group AG (NYSE: UBS) has offered to buy Credit Suisse Group AG (NYSE: CS) for up to $1 billion, according to the Financial Times.  Sources told the publication that UBS' offer was communicated on Sunday morning with a price of 0.25 francs a share to be...

UBS Group AG (NYSE: UBS) is exploring options to take over all or part of Credit Suisse Group AG (NYSE: CS) but has asked the Swiss government's support to cover future risks if it were to buy the bank, according to Bloomberg.  The publication reported that UBS has...

Switzerland's Financial Market Supervisory Authority (FINMA) and Swiss National Bank (SNB) released a joint statement in response to the recent market turmoil caused by certain banks in the U.S. What Happened: The statement confirmed the problems faced by U.S. banks do not pose a direct...

Shares of Ulta Beauty Inc (NASDAQ: ULTA) rose in early trading on Friday, after the company reported better-than-expected fourth-quarter earnings. BMO Capital Markets analyst Simeon Siegel maintained a Market Perform rating, while raising the price target from $390 to $510. Credit Suisse analyst...

Shares of Ross Stores Inc (NASDAQ: ROST) declined sharply in early trading on Wednesday, despite the company reporting a sales and earnings beat for its fourth quarter. Credit Suisse analyst Michael Binetti maintained an Outperform rating and price target of $123. BMO Capital Markets analyst...

Airbnb, Inc. (NASDAQ: ABNB) reported strong earnings and sales results for its fourth quarter and issued a strong Q1 sales forecast, leading a host of analysts to issue notes to investors on the earnings beat.  By The Numbers: Airbnb reported fourth-quarter revenue of $1.9 billion, up 24% year...