Credit Suisse Group (CS)

Add a New Bulls Reason Company: Credit Suisse Group (CS) Current price: Headline: (100 character max) Analysis: Cancel 100% agree 2 votes   CS Raises Capital after IBank downfall Top Contributor: Jonathan J. Smith | Created when NYSE:CS was $27.11 | Edit | History After losing 1.3 CHF billion in Q3 2008, CS announced it raised $8.75 billion in capital from Qatar Holding LLC, Koor Industries Ltd., and Olayan Investments Co. of Athens (all existing shareholders). With this, CS is projected to have a huge EPS growth in the upcoming year. (100 character max) Cancel 100% agree 1 votes   Heading into fast-growing Asia Created when NYSE:CS was $71.55 | Edit | History Credit Suisse has maintained a strong global presence, and continues to extend its influence in developing markets in Asia and South America, which gives CS potential for substantial profits and growth in the years to come. (100 character max) Cancel 0% agree 0 votes   Cost-cutting Created when NYSE:CS was $71.55 | Edit | History Credit Suisse Group's One Bank Delivery initiative has succeeded in consolidating the business, cutting costs by eliminating overhead and administrative expenses. At the same time, the One Bank system should begin boosting revenues, as clients from each division can be more easily cross-referred across the bank, allowing Credit Suisse to maintain more clients for a wider variety of services. (100 character max) Cancel

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