Credit Suisse swings to fourth-quarter loss, weighed down by provisions for a U.S. legal dispute_老虎社区_美港股上老虎

Credit Suisse swings to fourth-quarter loss, weighed down by provisions for a U.S. legal dispute

cnbc2021-02-18

LONDON —Credit Suisse reported Thursday a net loss of 353 million Swiss francs ($392.8 million)for the fourth quarter of 2020 on the back of higher provisions. The net loss was better than analysts ...

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According to Refinitiv, analysts had forecast a net loss of 558.5 million Swiss francs for the quarter and a net income of 2.8 billion Swiss francs for the year.\nCredit Suisse ended 2020 with a net income of 2.7 billion Swiss francs.\nThomas Gottstein, chief executive officer of Credit Suisse, said a in a statement: \"Despite a challenging environment for societies and economies in 2020, we saw a strong underlying performance across Wealth Management and Investment Banking, while addressing historic issues.\"\nThe Swiss bank had notified the markets in January that it would be sinking to a higher-than-expected loss in the final quarter of 2020 after setting aside $850 million for a legal dispute over property debt in the United States.\nAt the time, Credit Suisse also announced it would start buying between 1 billion and 1.5 billion Swiss francs in shares from January 12.\nThe share price is up about 12% since the start of the year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":387038750,"gmtCreate":1613697950270,"gmtModify":1634552611898,"author":{"id":"3572311355235433","authorId":"3572311355235433","name":"Nhk","avatar":"https://static.tigerbbs.com/398b997b5b8e8aedb95ad8d2f0ad0808","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3572311355235433","authorIdStr":"3572311355235433"},"htmlText":"gg","listText":"gg","text":"gg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/387038750","repostId":1112965907,"repostType":4,"repost":{"id":"1112965907","pubTimestamp":1613630001,"share":"https://www.laohu8.com/m/news/1112965907?lang=&edition=full","pubTime":"2021-02-18 14:33","market":"us","language":"en","title":"Credit Suisse swings to fourth-quarter loss, weighed down by provisions for a U.S. legal dispute","url":"https://stock-news.laohu8.com/highlight/detail?id=1112965907","media":"cnbc","summary":"LONDON —Credit Suisse reported Thursday a net loss of 353 million Swiss francs ($392.8 million)for t","content":"<div>\n<p>LONDON —Credit Suisse reported Thursday a net loss of 353 million Swiss francs ($392.8 million)for the fourth quarter of 2020 on the back of higher provisions.\nThe net loss was better than analysts ...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/18/credit-suisse-earnings-q4-2021-.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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According to Refinitiv, analysts had forecast a net loss of 558.5 million Swiss francs for the quarter and a net income of 2.8 billion Swiss francs for the year.\nCredit Suisse ended 2020 with a net income of 2.7 billion Swiss francs.\nThomas Gottstein, chief executive officer of Credit Suisse, said a in a statement: \"Despite a challenging environment for societies and economies in 2020, we saw a strong underlying performance across Wealth Management and Investment Banking, while addressing historic issues.\"\nThe Swiss bank had notified the markets in January that it would be sinking to a higher-than-expected loss in the final quarter of 2020 after setting aside $850 million for a legal dispute over property debt in the United States.\nAt the time, Credit Suisse also announced it would start buying between 1 billion and 1.5 billion Swiss francs in shares from January 12.\nThe share price is up about 12% since the start of the year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3606190,"gmtCreate":1613698429365,"gmtModify":1635763145542,"authorId":3570541662042264,"author":{"id":3570541662042264,"idStr":"3570541662042264","authorId":3570541662042264,"name":"mat4915","avatar":"https://static.tigerbbs.com/43445345056ca908c78ef01ab3f4289a","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":387038750,"type":1,"supId":0,"prevId":0,"content":"gg!","text":"gg!","html":"gg!"}],"langContent":"EN"},{"id":387090058,"gmtCreate":1613696690174,"gmtModify":1634552620584,"author":{"id":"3567718913207982","authorId":"3567718913207982","name":"StocKing","avatar":"https://static.tigerbbs.com/7085474f693ba246cba305df32163a9d","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3567718913207982","authorIdStr":"3567718913207982"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/387090058","repostId":1112965907,"repostType":4,"repost":{"id":"1112965907","pubTimestamp":1613630001,"share":"https://www.laohu8.com/m/news/1112965907?lang=&edition=full","pubTime":"2021-02-18 14:33","market":"us","language":"en","title":"Credit Suisse swings to fourth-quarter loss, weighed down by provisions for a U.S. legal dispute","url":"https://stock-news.laohu8.com/highlight/detail?id=1112965907","media":"cnbc","summary":"LONDON —Credit Suisse reported Thursday a net loss of 353 million Swiss francs ($392.8 million)for t","content":"<div>\n<p>LONDON —Credit Suisse reported Thursday a net loss of 353 million Swiss francs ($392.8 million)for the fourth quarter of 2020 on the back of higher provisions.\nThe net loss was better than analysts ...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/18/credit-suisse-earnings-q4-2021-.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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According to Refinitiv, analysts had forecast a net loss of 558.5 million Swiss francs for the quarter and a net income of 2.8 billion Swiss francs for the year.\nCredit Suisse ended 2020 with a net income of 2.7 billion Swiss francs.\nThomas Gottstein, chief executive officer of Credit Suisse, said a in a statement: \"Despite a challenging environment for societies and economies in 2020, we saw a strong underlying performance across Wealth Management and Investment Banking, while addressing historic issues.\"\nThe Swiss bank had notified the markets in January that it would be sinking to a higher-than-expected loss in the final quarter of 2020 after setting aside $850 million for a legal dispute over property debt in the United States.\nAt the time, Credit Suisse also announced it would start buying between 1 billion and 1.5 billion Swiss francs in shares from January 12.\nThe share price is up about 12% since the start of the year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3605996,"gmtCreate":1613696735423,"gmtModify":1635763156715,"authorId":3569966648692639,"author":{"id":3569966648692639,"idStr":"3569966648692639","authorId":3569966648692639,"name":"TanWeiHan","avatar":"https://static.tigerbbs.com/e67d481d90c7fb95af43e020fe0c253b","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":387090058,"type":1,"supId":0,"prevId":0,"content":"[呆住]","text":"[呆住]","html":"[呆住]"}],"langContent":"EN"},{"id":384741506,"gmtCreate":1613694325205,"gmtModify":1634552634845,"author":{"id":"3573946846589810","authorId":"3573946846589810","name":"bel27","avatar":"https://static.tigerbbs.com/fd4f0755936551cd69d60a82db2e95d1","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3573946846589810","authorIdStr":"3573946846589810"},"htmlText":"O.o","listText":"O.o","text":"O.o","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/384741506","repostId":1112965907,"repostType":4,"repost":{"id":"1112965907","pubTimestamp":1613630001,"share":"https://www.laohu8.com/m/news/1112965907?lang=&edition=full","pubTime":"2021-02-18 14:33","market":"us","language":"en","title":"Credit Suisse swings to fourth-quarter loss, weighed down by provisions for a U.S. legal dispute","url":"https://stock-news.laohu8.com/highlight/detail?id=1112965907","media":"cnbc","summary":"LONDON —Credit Suisse reported Thursday a net loss of 353 million Swiss francs ($392.8 million)for t","content":"<div>\n<p>LONDON —Credit Suisse reported Thursday a net loss of 353 million Swiss francs ($392.8 million)for the fourth quarter of 2020 on the back of higher provisions.\nThe net loss was better than analysts ...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/18/credit-suisse-earnings-q4-2021-.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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According to Refinitiv, analysts had forecast a net loss of 558.5 million Swiss francs for the quarter and a net income of 2.8 billion Swiss francs for the year.\nCredit Suisse ended 2020 with a net income of 2.7 billion Swiss francs.\nThomas Gottstein, chief executive officer of Credit Suisse, said a in a statement: \"Despite a challenging environment for societies and economies in 2020, we saw a strong underlying performance across Wealth Management and Investment Banking, while addressing historic issues.\"\nThe Swiss bank had notified the markets in January that it would be sinking to a higher-than-expected loss in the final quarter of 2020 after setting aside $850 million for a legal dispute over property debt in the United States.\nAt the time, Credit Suisse also announced it would start buying between 1 billion and 1.5 billion Swiss francs in shares from January 12.\nThe share price is up about 12% since the start of the year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":384674775,"gmtCreate":1613652658697,"gmtModify":1634552781779,"author":{"id":"3573428721922034","authorId":"3573428721922034","name":"Jerrybaohua","avatar":"https://static.tigerbbs.com/b9a019b9db637e745f4cf0165adf6ca8","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3573428721922034","authorIdStr":"3573428721922034"},"htmlText":"[微笑]&nbsp;","listText":"[微笑]&nbsp;","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/384674775","repostId":1112965907,"repostType":4,"repost":{"id":"1112965907","pubTimestamp":1613630001,"share":"https://www.laohu8.com/m/news/1112965907?lang=&edition=full","pubTime":"2021-02-18 14:33","market":"us","language":"en","title":"Credit Suisse swings to fourth-quarter loss, weighed down by provisions for a U.S. legal dispute","url":"https://stock-news.laohu8.com/highlight/detail?id=1112965907","media":"cnbc","summary":"LONDON —Credit Suisse reported Thursday a net loss of 353 million Swiss francs ($392.8 million)for t","content":"<div>\n<p>LONDON —Credit Suisse reported Thursday a net loss of 353 million Swiss francs ($392.8 million)for the fourth quarter of 2020 on the back of higher provisions.\nThe net loss was better than analysts ...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/18/credit-suisse-earnings-q4-2021-.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCredit Suisse swings to fourth-quarter loss, weighed down by provisions for a U.S. legal dispute\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-18 14:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/02/18/credit-suisse-earnings-q4-2021-.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>LONDON —Credit Suisse reported Thursday a net loss of 353 million Swiss francs ($392.8 million)for the fourth quarter of 2020 on the back of higher provisions.\nThe net loss was better than analysts ...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/18/credit-suisse-earnings-q4-2021-.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/02/18/credit-suisse-earnings-q4-2021-.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1112965907","content_text":"LONDON —Credit Suisse reported Thursday a net loss of 353 million Swiss francs ($392.8 million)for the fourth quarter of 2020 on the back of higher provisions.\nThe net loss was better than analysts had expected. According to Refinitiv, analysts had forecast a net loss of 558.5 million Swiss francs for the quarter and a net income of 2.8 billion Swiss francs for the year.\nCredit Suisse ended 2020 with a net income of 2.7 billion Swiss francs.\nThomas Gottstein, chief executive officer of Credit Suisse, said a in a statement: \"Despite a challenging environment for societies and economies in 2020, we saw a strong underlying performance across Wealth Management and Investment Banking, while addressing historic issues.\"\nThe Swiss bank had notified the markets in January that it would be sinking to a higher-than-expected loss in the final quarter of 2020 after setting aside $850 million for a legal dispute over property debt in the United States.\nAt the time, Credit Suisse also announced it would start buying between 1 billion and 1.5 billion Swiss francs in shares from January 12.\nThe share price is up about 12% since the start of the year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":384842659,"gmtCreate":1613641974971,"gmtModify":1634552828390,"author":{"id":"3572356556252042","authorId":"3572356556252042","name":"Jollyjes","avatar":"https://static.tigerbbs.com/93dd48b063a749217d2948e2a7bda428","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3572356556252042","authorIdStr":"3572356556252042"},"htmlText":"[呆住]&nbsp;","listText":"[呆住]&nbsp;","text":"[呆住]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/384842659","repostId":1112965907,"repostType":4,"repost":{"id":"1112965907","pubTimestamp":1613630001,"share":"https://www.laohu8.com/m/news/1112965907?lang=&edition=full","pubTime":"2021-02-18 14:33","market":"us","language":"en","title":"Credit Suisse swings to fourth-quarter loss, weighed down by provisions for a U.S. legal dispute","url":"https://stock-news.laohu8.com/highlight/detail?id=1112965907","media":"cnbc","summary":"LONDON —Credit Suisse reported Thursday a net loss of 353 million Swiss francs ($392.8 million)for t","content":"<div>\n<p>LONDON —Credit Suisse reported Thursday a net loss of 353 million Swiss francs ($392.8 million)for the fourth quarter of 2020 on the back of higher provisions.\nThe net loss was better than analysts ...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/18/credit-suisse-earnings-q4-2021-.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCredit Suisse swings to fourth-quarter loss, weighed down by provisions for a U.S. legal dispute\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-18 14:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/02/18/credit-suisse-earnings-q4-2021-.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>LONDON —Credit Suisse reported Thursday a net loss of 353 million Swiss francs ($392.8 million)for the fourth quarter of 2020 on the back of higher provisions.\nThe net loss was better than analysts ...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/18/credit-suisse-earnings-q4-2021-.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/02/18/credit-suisse-earnings-q4-2021-.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1112965907","content_text":"LONDON —Credit Suisse reported Thursday a net loss of 353 million Swiss francs ($392.8 million)for the fourth quarter of 2020 on the back of higher provisions.\nThe net loss was better than analysts had expected. According to Refinitiv, analysts had forecast a net loss of 558.5 million Swiss francs for the quarter and a net income of 2.8 billion Swiss francs for the year.\nCredit Suisse ended 2020 with a net income of 2.7 billion Swiss francs.\nThomas Gottstein, chief executive officer of Credit Suisse, said a in a statement: \"Despite a challenging environment for societies and economies in 2020, we saw a strong underlying performance across Wealth Management and Investment Banking, while addressing historic issues.\"\nThe Swiss bank had notified the markets in January that it would be sinking to a higher-than-expected loss in the final quarter of 2020 after setting aside $850 million for a legal dispute over property debt in the United States.\nAt the time, Credit Suisse also announced it would start buying between 1 billion and 1.5 billion Swiss francs in shares from January 12.\nThe share price is up about 12% since the start of the year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3600227,"gmtCreate":1613649243566,"gmtModify":1635763322147,"authorId":3572866150582582,"author":{"id":3572866150582582,"idStr":"3572866150582582","authorId":3572866150582582,"name":"Darrenneoyo","avatar":"https://static.tigerbbs.com/19498d498955308da03ff537c16af7b0","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":384842659,"type":1,"supId":0,"prevId":0,"content":"<u>yea</u>","text":"<u>yea</u>","html":"<u>yea</u>"}],"langContent":"CN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":31,"commentSize":6,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}