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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
02/05/201608:42:00Why European Banks Keep Getting Clobbered
02/05/201603:03:00For Credit Suisse, A Big Loss Stings
02/04/201621:00:00Julius Baer to Pay $547 Million Under Guilty Plea in U.S. Tax...
02/04/201619:19:00Credit Suisse Pays Price for 16-Year-Old Misstep
02/04/201612:55:00Credit Suisse Shares Plunge on Huge Loss -- 4th Update
02/04/201609:07:00Credit Suisse Announces Coupon Payments and Expected Coupon Payments...
02/04/201604:50:00Global Stocks Rise Led by Resources Companies
02/03/201600:30:00Dow Plunges as Investors Retreat
02/02/201610:46:00Credit Suisse Liquid Alternative Beta ("LAB") Index Down 1.42...
02/01/201619:33:00Dark Pool' Settlements Bring Tangled Relationships to Light
02/01/201618:16:00ADRs End Mostly Lower; Nokia Declines
02/01/201602:20:00Julius Baer Profit Hit by Litigation Costs
02/01/201601:20:00Blackstone Shops Pactera to Potential Buyers
01/31/201619:40:00Credit Suisse, Barclays Settle 'Dark Pool' Investigations
01/31/201618:17:00Credit Suisse, Barclays Settle 'Dark Pool' Investigations...
01/31/201614:19:00Credit Suisse, Barclays to Settle 'Dark Pool' Investigations...
01/31/201613:23:00Credit Suisse, Barclays to Settle 'Dark Pool' Investigations...
01/31/201613:13:00Credit Suisse, Barclays to Settle 'Dark Pool' Investigations...
01/28/201619:27:00Banks Rip Up Oil Forecasts
01/28/201614:01:00Annika Sorenstam Named Ambassador for LPGA Leadership Academy

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