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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
06/29/201620:00:00Deutsche Bank Poses Greatest Risk to Financial System, IMF Says
06/29/201619:00:00Deutsche Bank Poses Greatest Risk to Global Financial System...
06/29/201612:01:00Behind Credit Suisse's Soured Mozambique Deals
06/28/201603:02:00Bank Stocks Lead a Global Selloff -- WSJ
06/27/201618:31:00ADRs End Lower; Financial Firms Decline
06/27/201610:15:00Swiss Banks' Shares Slide Further After 'Brexit' Vote
06/27/201608:00:00Bank Shares Drop as Analysts Weigh 'Brexit' Impact
06/26/201617:02:00New Risks for European Lenders
06/24/201618:00:00Medpace Files for IPO
06/24/201614:50:00European Banks Take Beating After 'Brexit' Vote -- Update
06/24/201609:09:00European Banks Take Beating After 'Brexit' Vote -- 2nd Update
06/24/201605:20:00European Banks Take Beating After 'Brexit' Vote
06/23/201603:02:00Swiss Bank's Israel Unit Examined -- WSJ
06/22/201617:53:00ADRs End Mixed; GOL Rises
06/22/201614:30:00U.S. Probes Credit Suisse Over Possible Client Tax Evasion at...
06/22/201613:54:00U.S. Investigates Credit Suisse Over Possible Client Tax Evasion...
06/16/201611:00:00Swiss National Bank Tells UBS and Credit Suisse to Bulk Up
06/16/201610:39:00Swiss National Bank Tells UBS and Credit Suisse to Bulk Up
06/16/201609:21:00AXA is a Proud Gold Sponsor of the 2016 New York City Pride Festival
06/15/201608:00:00Watch List for Foreign Money Center Banks Equities -- Banco Santander...

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