Credit Suisse says writing down $2.85 billion
614981
Credit Suisse  said it marked down the value of asset-backed investments by $2.85 billion, wiping $1 billion from its net income and sending its shares plummeting.
469807
Credit Suisse Group, Switzerland&#39;s second-biggest bank, may eliminate hundreds of jobs at its securities unit to lower costs that are among the highest on Wall Street, people familiar with the matter said.
731502
Credit Suisse  said it marked  down the value of asset-backed investments by $2.85 billion,  wiping $1 billion from its net income and sending its shares  plummeting.
119819
Subprime-related problems at UBS AG   deepened on Wednesday as the Swiss bank unveiled $4  billion in new writedowns in a surprise statement, dragging the  embattled bank deep into the red for the year.
534729
Credit Suisse will seek to launch a  share buyback plan worth up to 6 billion Swiss francs ($5  billion), it said on Thursday, after reporting a better than  expected 22 percent rise in fourth-quarter net profits.
380262
- Capital Bank Corp  said it is writing down certain assets estimated to worth $2.6 million to $2.8 million.
175135
Credit Suisse bank said on Tuesday it had suspended a "handful" of traders after an internal review showed up so-called mismarkings and pricing errors in its structured credit trading business.
326104
Credit Suisse  trimmed its full-year write-downs linked to the subprime crisis to 2.0 billion Swiss francs ($1.82 billion) on Tuesday in contrast to rivals hits by rising charges and raked in billions in new investments from wealthy clients.
614780
TORONTO (CP) - Credit Suisse First Boston Canada Inc. has been fined $1.35 million for failing to provide timely reporting of off-market trading of more than nine million shares of BCE Inc.
218916
Swiss banking giant Credit Suisse has reported a record net profit of 11.3 billion Swiss francs (9.1 billion dollars, 6.3 billion euros) in 2006, more than double the 5.8 billion Swiss francs posted in 2005.
559324
ASHBURN, Va. -- MCI Inc. plans to write down the value of its assets by $3.5 billion to reflect the decreased worth of the company&#39;s telephone network as its consumer business shrinks.
62561
The State Secretariat for Economic Affairs (Seco) said Switzerland had agreed to write off SFr264 million ($227 million) in debts dating back to the 1970s and 1980s.
409998
Credit Suisse First Boston, the securities arm of Switzerland&#39;s second-biggest bank, plans to cut costs by combining some units and eliminating jobs, people familiar with the matter said.
558722
French bank Natixis reports a 1.2bn euro write-down of exposure to bad US mortgage debt, sending its shares down 14%.
620867
Credit Suisse Group, Switzerland&#39;s second-biggest bank, plans to combine its Credit Suisse First Boston (CSFB) securities unit with its banking business in the next two years to boost earnings.
153064
MCI Inc. plans to write down the value of its assets by $3.5 billion to reflect the decreased worth of the company&#39;s telephone network as its consumer business shrinks.
736740
Bank announces $18 billion in write-downs as well, also gets infusion of funds from various investors and sovereign wealth funds, but investors fear the worst may be yet to come.