|Bid||0.0000 x N/A|
|Ask||0.0000 x N/A|
|Day's range||0.0000 - 0.0000|
|Beta (5Y monthly)||1.58|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||0.10 (2.80%)|
|Ex-dividend date||09 May 2022|
|1y target est||N/A|
The head of Credit Suisse's Swiss unit said "some customers have withdrawn some of their money, but very few have actually closed their accounts." Last week, Switzerland's second-largest bank said it expects to make a pre-tax loss of up to 1.5 billion Swiss francs ($1.6 billion) during Q4 and revealed that wealthy clients had made hefty withdrawals, leading to a big drop in liquidity, breaching some regulatory limits. The announcement sent the share price tumbling and led to the cost of insuring the debt of Credit Suisse against default rising.
(Bloomberg) -- Credit Suisse Group AG fell to a fresh record low as investors weighed the impact of the massive outflows the bank reported this week and news that rivals in the key growth market of Asia are benefiting from the Swiss firm’s troubles. Most Read from BloombergNext Covid-19 Strain May be More Dangerous, Lab Study ShowsChevron to Resume Venezuela Oil Output as US Eases SanctionsAt Nantucket Retreat, Biden Family Weighs Run for Second TermUS Shoppers Kick Off Holiday Season With a Mut
ZURICH (Reuters) -Credit Suisse has made 889 million new shares available to existing investors at 2.52 Swiss francs ($2.67) per share, the bank said on Thursday, confirming the final terms of its 4 billion franc capital hike. The capital increase, which was approved by investors on Wednesday, is intended to fund the embattled bank's turnaround plan, an attempt to recover from the biggest crisis in its 166-year history. The share issue is expected to raise roughly 2.24 billion Swiss francs, Credit Suisse said.