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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
07/26/201603:04:00The Big Number -- WSJ
07/25/201615:09:00The Big Number: 7.4%
07/25/201613:17:00Firstrust Financial Resources Joins AXA Advisors, LLC
07/25/201611:06:00Julius Baer Assets Lifted by Brexit Trading Boost
07/21/201609:00:00New AXA Initiative Aims to Transform the Customer Experience
07/20/201609:18:00AXA and Sciences Po Launch Henri de Castries Scholarship
07/14/201621:30:00AdvancePierre Foods IPO Prices at $21
07/14/201607:50:00BlackRock Profit Falls 5%, But Still Within Expectations
07/13/201619:00:00Credit Suisse Appoints Deutsche Executive to Lead Europe M&A
07/13/201618:55:00Credit Suisse Appoints Deutsche Executive to Lead Europe M&A
07/13/201608:30:00Credit Suisse Announces the Launch of a Mortgage REIT Exchange...
07/12/201612:30:00BlackRock Hires Credit Suisse's Vasan Amid Push to Attract Retail...
07/12/201610:52:00AXA Wins ‘Great Place to Work’ Certification from Independent Wor...
07/12/201610:47:00Commodities Increased in June due to Fundamental Factors and...
07/12/201608:15:00Credit Suisse Releases Mid-Year Hedge Fund Investor Sentiment...
07/11/201618:45:00ADRs End Higher; Financial Firms Rise
07/08/201619:59:00Moody's Cuts Mozambique Ratings On Expected Defaults
07/07/201601:10:00Avant Aims to Cut Loan Volume by as Much as Two-Thirds
07/06/201616:28:00The Big Bank Bloodbath: Losses Near Half a Trillion Dollars
07/06/201608:30:00Credit Suisse Announces Coupon Amount on its Credit Suisse S&P...

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