All rights reservedCOMTEX_367213887/2454/2020-06-22T08:15:11As disclosed in the Risk Factors section of the Pricing Supplement, the market value of the ETNs may be influenced by, among other things, the levels of actual and expected supply and demand for the ETNs in the secondary market. If you want to use it, you have to ensure that you have the legal right to do so and that you do not infringe any trademark rights. Credit Suisse is looking to tighten its international wealth management's regional structure in a move it hopes will help the unit grow profits by 10% annually from next year, the bank said in … An investor that pays a premium for the ETNs, for example, may suffer significant losses if the investor is unable to sell the ETNs in the secondary market, if the investor sells at a time when the premium has declined or is no longer present or if Credit Suisse AG accelerates the ETNs at its option. ZURICH (AP) _ Credit Suisse Group AG (CS) on Thursday reported second-quarter net income of $1.21 billion. The bank, based in Zurich, said it … The logo of Swiss bank Credit Suisse in Zurich, Switzerland. For instance, investors may not be able to sell the ETNs readily and may suffer substantial losses and/or sell the ETNs at prices substantially less than their intraday indicative value or closing indicative value, including being unable to sell them at all or only sell them for a price of zero in the secondary market. The bank announced some strategic changes, including the creation of a global investment bank.Credit Suisse Group AG beat expectations in the second quarter and presented some strategic changes, including the creation of a global investment bank, while also vowing to achieve cost savings.The results beat expectations of a net profit of CHF764 million on revenue of CHF5.61 billion, according to a consensus forecast provided by the bank.In the second quarter, Switzerland's second-largest bank by assets set aside CHF296 million in provisions against potential losses from borrowers. If Credit Suisse AG accelerates the ETNs at its option, investors will receive a cash payment per ETN equal to the applicable accelerated redemption amount. This color combination was created by user Rocco.The Hex, RGB and CMYK codes are in the table below. The logo of Swiss banking giant Credit Suisse is seen on October 17, 2017 in Zurich.
Credit Suisse Eschews the Old Days With New Investment Bank Credit Suisse shares gained as much as 3.7% and were trading 1.7% higher as of 9:10 a.m. in Zurich. Credit Suisse Group AG is a global wealth manager, investment bank and financial services company founded and based in Switzerland.Headquartered in Zürich, it maintains offices in all major financial centers around the world and is one of the nine global "Bulge Bracket" banks providing services in investment banking, private banking, asset management, and shared services.
Investors are cautioned that paying a premium purchase price over the indicative value of the ETNs could lead to significant losses.
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