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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
06/23/201507:57:00AXA Equitable and SRS Acquiom Create New Investment Strategy...
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06/22/201508:00:00Credit Suisse Announces Coupon Payments on its Credit Suisse...
06/19/201520:05:00Credit Suisse AG Announces the Repurchase of its CSMN and CSMB...
06/18/201502:13:37Big Banks Continue Improving Capital Positions, Says Swiss National...
06/17/201512:40:00AXA Sponsors La French Touch Conference Promoting Digital Innovation...
06/17/201508:40:11Filed Sunrun IPO Plans Close to Emerging Publicly
06/17/201508:07:09Filed Sunrun IPO Plans Close to Emerging Publicly -- Source
06/16/201520:15:00Credit Suisse AG Announces the Reverse Split of its TVIX ETN
06/15/201516:46:00The LPGA Foundation and AXA Partner to Develop the Next Generation...
06/15/201512:58:00AXA Strategic Ventures Announces First US Investment
06/15/201510:30:00The Credit Suisse Hedge Fund Index finished up 0.83% in May
06/12/201516:36:00Credit Suisse Announces Expected June Coupon Payments on its...
06/11/201509:40:22Hess to Sell 50% Stake in Bakken Assets For $2.68 Billion
06/09/201509:00:00May Sees Consolidation in Commodity Markets
06/07/201509:14:43Outgoing Credit Suisse CEO Defends Record
06/04/201510:50:14Lawmakers Seek Review of Banks' Waiver Requests
06/04/201510:38:31Lawmakers Ask Labor Secretary to 'Thoroughly Review' Waiver Requests...
06/02/201509:33:00Credit Suisse Liquid Alternative Beta ("LAB") Index Up 0.83...
05/31/201522:19:58GE Launches Bidding for Some Commercial-Lending Operations

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