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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
07/31/201406:30:05Credit Suisse Dragged Into Dark-Pools Trading Probe
07/22/201418:14:38ADR Shares End Higher; ARM Holdings, Deutsche Bank Shares Trade...
07/22/201413:13:16Credit Suisse to Exit Commodities Trading
07/22/201413:12:47EUROPE MARKETS: FTSE Hits 2-week High As Oil Shares Rise Across...
07/22/201413:03:18Markets Rise But Russia In Focus-- 2nd Update
07/22/201410:05:24EUROPE MARKETS: Oil Shares Drive Higher In Europe; Publicis Slides
07/22/201407:18:11Credit Suisse Posts Loss After US Settlement -- 2nd Update
07/22/201406:41:02EUROPE MARKETS: Oil Shares, ARM Drive Gains In European Markets
07/22/201406:22:58Markets Rise But Russia In Focus--Update
07/22/201404:40:43EUROPE MARKETS: ARM Helps Flex Gains For European Markets
07/18/201418:53:04Credit Suisse Group 2Q 2014 -- Forecast
07/14/201420:06:32Citigroup Reaches $7 Billion Pact to Resolve Mortgage Probe...
07/14/201414:32:46Citi in $7 Billion Pact to Resolve Mortgage Probe -- 2nd Update
07/07/201414:00:26Pershing Proposes Six Directors for Allergan Board
07/01/201414:39:11Pershing Square Hires Credit Suisse as Banker in Allergan Campaign...
06/19/201403:09:46Swiss Banks Urged by SNB to Boost Capital
06/17/201415:11:31Ecuador Selling $2 Billion of Bonds
06/13/201413:09:33Ecuador Aims to Issue 10-Year 8% US Dollar Bond
06/09/201405:55:10Ecuador Prepares to Return to Bond Market
06/05/201415:26:22Credit Suisse International Approved for Category 2 LME Membership

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