|Bid||4.1200 x 140000|
|Ask||4.3400 x 140000|
|Day's range||3.8800 - 4.2800|
|52-week range||3.8800 - 9.6000|
|Beta (5Y monthly)||1.57|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||0.10 (1.96%)|
|Ex-dividend date||09 May 2022|
|1y target est||9.76|
Bankers texting away on their personal phones are costing the biggest banks on Wall Street chunk of money.
Credit Suisse has lost one of its most senior remaining dealmakers to Citigroup, as the beleaguered Swiss lender prepares for a major restructuring of its investment bank after a series of scandals. Jens Welter is quitting Credit Suisse less than nine months after being named co-head of global banking, ending a 27-year career with the Swiss bank where he became known as a top adviser to consumer companies such as Nestlé. Welter will join Citi as its new co-head of European investment banking and also become chair of its consumer and retail advisory business, which works with the largest companies in those sectors globally.
ZURICH (Reuters) -Credit Suisse announced the departure of two senior executives, global co-head of banking Jens Welter and global head of global credit products Daniel McCarthy, in memos seen by Reuters, in a blow to the Swiss bank as it gets ready for a major restructuring. Shaken by a string of scandals and losses, Switzerland's second-largest bank is currently preparing a strategy review including a radical overhaul of its investment bank. The bank said that Welter, its global co-head of banking and EMEA co-head of investment banking and capital markets (IBCM), had decided to leave the bank.