David Mathers

Credit Suisse Attracts Super-Rich Clients to Boost Profitability

Credit Suisse Group AG said it’s increasing the proportion of assets under management from super- rich clients, helping to boost profit margins at Switzerland’s second-largest wealth business.

Credit Suisse Says Talks Advancing on Revamp of Bonus Derivative

Credit Suisse Group AG, the second- biggest Swiss bank, said it’s in advanced discussions on the restructuring of a derivatives transaction the firm used to award more than 5,500 employees part of their 2011 bonuses.

Credit Suisse Names David Mathers Finance Chief, Replacing Renato Fassbind

Credit Suisse Group AG, Switzerland’s second-biggest bank, appointed David Mathers as chief financial officer, replacing Renato Fassbind, who’s retiring after six years on the job.

Credit Suisse's Fixed-Income Sales Hiring Is Almost Complete, Mathers Says

Credit Suisse Group AG’s hiring at its fixed-income division is “essentially complete,” said David Mathers , chief operating officer of the investment bank division.

Credit Suisse May Pay Less in Asset-Linked Bonuses Than in 2011

Credit Suisse Group AG, Switzerland’s second-largest bank, may award less in asset-linked bonds to employees for 2012 than it paid out under a similar compensation plan the previous year as part of bonuses.

Credit Suisse to Shed Senior Staff to Cut Costs, Mathers Says

Credit Suisse Group AG will target some senior staff in its latest round of job cuts as remuneration rules give Switzerland’s second-biggest bank less flexibility to reduce bonuses.

Credit Suisse Gains After UBS Upgrade on Dividend Outlook

Credit Suisse Group AG, Switzerland’s second-biggest bank, rose in Swiss trading after it was raised to a buy rating from neutral by a UBS AG analyst, who cited the company’s “solid” capital ratios and dividend outlook.

Switzerland Orders Banks to Hold Buffer for Real Estate

The Swiss government ordered banks to hold additional capital as a buffer against risks posed by the country’s biggest property boom in two decades.

Credit Suisse to Cut More Costs as Quarterly Profit Falls

Credit Suisse Group AG, the second- biggest Swiss bank, increased a target for cost reductions after posting a drop in third-quarter profit on an accounting charge related to its own debt.

Credit Suisse Said to Cut Dubai Jobs After Deutsche, Nomura

Credit Suisse Group AG, the second- biggest Swiss bank, cut two Dubai investment banking jobs and is moving others to Qatar as part of cost-reduction plans announced last year, two people with knowledge of the matter said.

"We've consciously shifted our business toward the ultra- wealthy high-net-worth clients."

- David Mathers on Apr 24, 2013

Switzerland

Europe

Brady Dougan

Swiss National Bank

SAC Says Cooperation With U.S. No Longer ‘Unconditional’

U.S. Stocks, Dollar Rise as Data Fuel Economic Confidence

U.S. Stocks Advance on Leading Indicators, Sentiment Data

Republicans Unsatisfied by IRS Answers Press for More

American Capital Fights Fed Exit Worry as Investors Flee