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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
11/25/201415:52:17Lake Las Vegas Ex-Owners Settle Suit for $115 Million -- Update
11/25/201415:49:48Lake Las Vegas Ex-Owners Settle Suit for $115 Million
11/24/201416:40:21Bayer Considering Sale of Diabetes Device Unit -Bloomberg
11/20/201419:50:06Alibaba Becomes Wall Street's Favorite Customer -- 3rd Update
11/19/201418:40:21Regulators' Clarification Still Sows Banks' Unease
11/18/201419:55:17Goldman Hits Mother Lode on Deals
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11/07/201403:47:38Singapore Airlines Buffeted Headwinds -- Barron's Asia
11/07/201402:20:44What to Buy in Korea and Taiwan -- Barron's Asia
11/06/201407:57:33Biosimilars: The Good, the Bad and the Unknown -- Barron's
11/06/201404:11:27Top 5 China Power Plays -- Barron's Asia
11/05/201410:55:51GOP Win Would Lend Student Lenders a Hand -- Barron's
11/05/201407:00:08Enel to Float a Further Endesa Stake
11/04/201410:47:50Who Will Buy KCG's Hotspot? -- Barron's
10/31/201407:37:47The Five Stages of Grief Over $75 Oil -- Barron's
10/28/201418:39:29Jefferies Expected to Book up to $15 Million Loss on Toms Shoes...
10/23/201418:43:48ADR Shares End Mixed; Nokia, Unilever Shares Trade Actively
10/23/201401:50:08Credit Suisse Profit Beats Market Expectations
10/21/201417:24:48J.P. Morgan Fined $92 Million by EU
10/21/201417:14:20JPMorgan Fined by EU Over Rate Rigging, Cartel

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