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Credit Suisse to Cut 60 Directors, Managing Directors in Europe Investment Banking Unit -Reuters

Credit Suisse Group AG (CS) will cut 60 director and managing director positions in its European investment banking unit, Reuters reported Monday, citing sources familiar with the matter. The layoffs, targeting primarily the advisory and financing business, are expected to take place in July, the report said. Credit Suisse declined to comment, Reuters said. Full story at http://www.reuters.com/article/2012/06/25/us-creditsuisse-jobs-idUSBRE85O12F20120625 Write to nymonitoring@dowjones.com

Stock News for Credit Suisse Grp. (CS)
DateTimeHeadline
01/23/201516:58:22Box Shares Surge in Market Debut -- 2nd Update
01/23/201513:22:26Box Shares Surge in Market Debut -- Update
01/23/201513:18:45Box Opens Trading Well Above IPO Price of $14 a Share
01/23/201503:39:15UBS: No Major Trading Impact From SNB Move
01/23/201503:22:27UBS Says No Major Trading Impact From SNB Move
01/23/201503:07:09Chairman of Credit Suisse's China Partner Brokerage Out of Contact...
01/22/201523:52:35Chairman of Credit Suisse's China Partner Brokerage Out of Contact...
01/22/201520:51:37Investors Bet Box Inc. Can Grow Beyond Storage Business--Update
01/22/201519:40:35Box Inc. IPO Prices at $14 a Share, Above Expectations
01/21/201515:13:09U.S. Stocks Little Changed in Choppy Trade
01/21/201514:37:27U.S. Stocks Trade Little Changed
01/21/201514:14:49Credit Suisse Outlines Possible Profit Cut Due to Franc Swing...
01/21/201513:02:39Credit Suisse Outlines Possible Profit Cut Due to Franc Swing
01/21/201512:58:30Credit Suisse Outlines Possible Profit Loss Due to Franc Swing
01/21/201505:20:10U.S. Fund Buys Stake in Unit of Spain's ACS
01/21/201504:47:40U.S. Fund Buys Stake in Spanish Energy Company
01/20/201512:56:45European Stocks Buoyed by ECB Hopes -- 4th Update
01/20/201508:49:54European Stocks Buoyed by ECB Hopes -- 3rd Update
01/20/201506:47:55European Stocks Buoyed by ECB Hopes -- 2nd Update
01/20/201505:01:23European Stocks Buoyed by ECB Hopes -- Update

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