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Oct. 4, 2022, 3:36 a.m. EDT

Credit Suisse shares bounce 4% higher in early trade

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By Steve Goldstein

Shares of Credit Suisse /zigman2/quotes/205269278/delayed CH:CSGN +1.59% /zigman2/quotes/202835784/composite CS -5.79% bounced 4% higher in early action, after the Swiss systemically important institution fell as much as 12% on Monday on worries over its financial health. The Swiss bank, which touched a record low on Monday, is nonetheless down 54% this year. Five-year credit default swaps widened on Monday to 325, according to IHS Markit data, a rise of 48% over the last month.

/zigman2/quotes/205269278/delayed
CH : Switzerland: SWX
CHF 2.74
+0.04 +1.59%
Volume: 19.87M
Dec. 2, 2022 10:19a
P/E Ratio
N/A
Dividend Yield
3.65%
Market Cap
CHF11.07 billion
Rev. per Employee
CHF424,905
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/zigman2/quotes/202835784/composite
US : U.S.: NYSE
$ 3.09
-0.19 -5.79%
Volume: 41.77M
Dec. 1, 2022 4:00p
P/E Ratio
N/A
Dividend Yield
1.26%
Market Cap
$11.61 billion
Rev. per Employee
$450,047
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