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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
03/28/201510:03:06You'll Never Guess Which Country Can't Get Enough of Nike (Hint:...
03/27/201518:49:32Two Ex-Credit Suisse Bankers Avoid Jail Time in Tax-Evasion Case...
03/27/201513:15:10Two Ex-Credit Suisse Bankers Avoid Jail Time in Tax-Evasion Case
03/27/201508:00:00Credit Suisse Announces Coupon Payments on its Gold Shares Covered...
03/26/201511:06:18Is Blackstone Group About to Make a $1.5 Billion Deal?
03/24/201517:07:42Dollar Rebounds Against Euro -- 3rd Update
03/23/201520:08:25U.S. Firms Summon More of Their Foreign Profit Home
03/23/201508:58:24Bloomberg: Big changes mulled for China's securities industry
03/20/201504:44:12Credit Suisse Cuts CEO Brady Dougan's Pay -- Update
03/20/201503:23:44Credit Suisse Cuts CEO Brady Dougan's Pay
03/18/201506:31:53Wall Street Breakfast: Markets Await Fed Policy Decision
03/17/201508:38:13Credit Suisse settles Freeport McMoRan litigation for $16.25M
03/17/201500:31:36Tweet-Analysis Firm Dataminr Raises Funding
03/16/201517:26:57Credit Suisse to Pay $10 Million to Freeport-McMoRan to Settle...
03/16/201511:33:00The Credit Suisse Hedge Fund Index finished up 1.06% in February
03/11/201510:26:00February Sees Fundamental Factors Drive Commodity Markets Higher
03/11/201507:30:37New CEO merits a two-notch upgrade for Credit Suisse
03/10/201519:45:04For Thiam, No Shortage of Challenges at Credit Suisse
03/10/201518:09:12ADR Shares End Lower; Credit Suisse, Petrobras Shares Trade Actively
03/10/201517:48:34Goldman Sachs to Take Specialty Lender Public in 6 Million Share...

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