Richard Thornburgh - Credit Suisse Member of the Board of Directors
| CSDelisted Stock | USD 0.89 0.00 0.00% |
Director
Mr. Richard E. Thornburgh resigned as NonExecutive Independent Vice Chairman of the Board of Credit Suisse Group Ltd effective as of April 27, 2018, a position he has held since 2014. He was Member of the Board of Directors of Credit Suisse Group AG since 2006. He is Chairman of the Risk Committee and Member of the Governance and Nominations Committee and the Audit Committee at the Company. He received a Bachelor of Business Administration in Finance from the University of Cincinnati, Ohio, in 1974, and a MBA in Finance from the Harvard Business School, Massachusetts, in 1976, and then began his investment banking career in New York with The First Boston Corporationrationration, a predecessor firm of Credit Suisse First Boston. In 1995, Mr. Thornburgh was appointed Chief Financial and Administrative Officer and a member of the Executive Board of CS First Boston. In 1997, he was appointed Member of the Group Executive Board where he served until 2005. From 1997 to 1999, Mr. Thornburgh was the Chief Financial Officer of Credit Suisse Group and from 1999 to 2002, he was ViceChairman of the Executive Board of Credit Suisse First Boston. In addition, he performed the function of Chief Financial Officer of Credit Suisse First Boston from May 2000 through 2002. From 2003 to 2004, he was the Chief Risk Officer of Credit Suisse Group. In 2004, he was appointed Executive ViceChairman of Credit Suisse First Boston. He also holds Honorary Doctorate in Commercial Sciences from University of Cincinnati, Ohio.
| Age | 65 |
| Professional Marks | MBA |
| Phone | 41 44 333 11 11 |
| Web | https://www.credit-suisse.com |
Credit Suisse Management Efficiency
Credit Suisse's management efficiency ratios could be used to measure how well Credit Suisse manages its routine affairs as well as how well it operates its assets and liabilities.The company reports 157.24 B of total liabilities with total debt to equity ratio (D/E) of 5.06, which implies that the company may not be able to produce enough cash to satisfy its debt commitments. Credit Suisse Group has a current ratio of 9.24, indicating that it is in good position to pay out its debt commitments in time. Debt can assist Credit Suisse until it has trouble settling it off, either with new capital or with free cash flow. So, Credit Suisse's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Credit Suisse Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Credit to invest in growth at high rates of return. When we think about Credit Suisse's use of debt, we should always consider it together with cash and equity.
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Management Performance
| Return On Equity | 0.11 | |||
| Return On Asset | 0.0084 |
Credit Suisse Group Leadership Team
Elected by the shareholders, the Credit Suisse's board of directors comprises two types of representatives: Credit Suisse inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Credit. The board's role is to monitor Credit Suisse's management team and ensure that shareholders' interests are well served. Credit Suisse's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Credit Suisse's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Edwin Yeung, CoHead region | ||
| Peter Goerke, Member of the Executive Board, Head of Human Resources, Communications & Branding | ||
| Antoinette Poschung, Member of the Executive Board, Global Head of Human Resources | ||
| John Tiner, Independent Member of the Board of Directors | ||
| Joachim Oechslin, Member of the Executive Board, Chief Risk Officer | ||
| Noreen Doyle, Independent Member of the Board of Directors | ||
| Blythe Masters, Non-Executive Independent Director | ||
| Axel Lehmann, Non-Executive Independent Chairman of the Board | ||
| PierreOlivier Bouee, Chief Operating Officer, Member of the Executive Board | ||
| Christian Gellerstad, Non-Executive Independent Director | ||
| David Mathers, CFO, Head of IT and Operations and Member of the Executive Board | ||
| Seraina Macia, Independent Member of the Board of Directors | ||
| Seraina Maag, Independent Member of the Board of Directors | ||
| Robert Shafir, Joint Head Private Banking and Wealth Management, Member of Executive Board and CEO of Region Americas | ||
| Andrew Blain, Debt Investor Relations | ||
| Timothy OHara, Member of the Executive Board | ||
| Christian Meissner, Member of the Executive Board, Chief Executive Officer of Investment Bank | ||
| Urs Rohner, Non-Executive Independent Chairman of the Board | ||
| James Amine, Member of the Executive Board, Chief Executive Officer Investment Banking & Capital Markets | ||
| Lara Warner, Managing Director, COO of Investment Banking Division, Ad-Interim CFO of Investment Banking Division and Member of The Executive Board | ||
| Iqbal Khan, Member of the Executive Board, CEO International Wealth Management | ||
| Francesco Ferrari, Member of the Executive Board, Chief Executive Officer - Wealth Management | ||
| Kai Nargolwala, Independent Member of the Board of Directors | ||
| Adam Gishen, Group Head of Investor Relations | ||
| Michael Klein, Non-Executive Independent Director | ||
| Richard Meddings, Non-Executive Independent Director | ||
| Andre Helfenstein, Member of the Executive Board, Chief Executive Officer - Swiss Universal Bank | ||
| Jasem Thani, Member of the Board of Directors | ||
| Antonio HortaOsorio, Chairman of the Board | ||
| Richard Thornburgh, Member of the Board of Directors | ||
| Severin Schwan, Non-Executive Independent Vice Chairman of the Board, Lead Independent Director | ||
| Shan Li, Non-Executive Independent Director | ||
| Christian Stark, Head of Investor Relations | ||
| Clare Brady, Non-Executive Independent Director | ||
| Sebastian Thrun, Independent Member of the Board of Directors | ||
| Andreas Gottschling, Non-Executive Independent Director | ||
| Joaquin Ribeiro, Independent Member of the Board of Directors | ||
| Rafael Lorenzo, Chief Compliance Officer, Member of the Executive Board | ||
| Helman Sitohang, Chief Executive Officer, Asia Pacific; Member of the Executive Board | ||
| Christine Graeff, Global Head of Human Resources, Member of the Executive Board | ||
| Jean Lanier, Independent Member of the Board of Directors | ||
| Andreas Koopmann, Independent Member of the Board of Directors | ||
| Anton Rossum, Independent Member of the Board of Directors | ||
| Joanne Hannaford, Chief Operating Officer and Technology Officer, Member of the Executive Board | ||
| Kaikhushru Nargolwala, Non-Executive Independent Director | ||
| Lydie Hudson, Chief Executive Officer - Sustainability, Research & Investment Solutions, Member of the Executive Board | ||
| Markus Diethelm, Group Board | ||
| Ana Pessoa, Non-Executive Independent Director | ||
| JeanDaniel Gerber, Independent Member of the Board of Directors | ||
| Thomas Gottstein, Member of the Executive Board, Chief Executive Officer Swiss Universal Bank | ||
| Alexander Gut, Independent Member of the Board of Directors | ||
| David Wildermuth, Chief Risk Officer, Member of the Executive Board | ||
| Cheng Low, CEO APAC | ||
| James Walker, Chief Operating Officer, Member of the Executive Board | ||
| Philipp Wehle, Chief Executive Officer International Wealth Management, Member of the Executive Board | ||
| David Miller, Member of the Executive Board, Chief Executive Officer Investment Banking & Capital Markets | ||
| Pamela ThomasGraham, Member of the Executive Board, Chief Talent, Branding and Communications Officer | ||
| Dixit Joshi, CFO Board | ||
| Juan Colombas, Non-Executive Independent Director | ||
| Ulrich Koerner, Member of the Executive Board, Chief Executive Officer - Asset Management | ||
| Alexandre Zeller, Non-Executive Independent Director | ||
| Gael Boissard, Member of the Executive Board | ||
| Ulrich Korner, Group Board | ||
| HansUlrich Meister, Member of the Executive Board; CEO Switzerland | ||
| Iris Bohnet, Independent Member of the Board of Directors | ||
| Tidjane Thiam, Chief Executive Officer, Member of the Executive Board | ||
| Romeo Cerutti, Member of the Executive Board, General Counsel | ||
| Brian Chin, Chief Executive Officer - Investment Bank, Member of the Executive Board |
Credit Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Credit Suisse a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.11 | |||
| Return On Asset | 0.0084 | |||
| Profit Margin | 0.19 % | |||
| Operating Margin | 0.44 % | |||
| Current Valuation | (55.11 B) | |||
| Shares Outstanding | 3.95 B | |||
| Shares Owned By Institutions | 2.39 % | |||
| Number Of Shares Shorted | 34.63 M | |||
| Price To Earning | 8.67 X | |||
| Price To Book | 0.27 X |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Credit Suisse in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Credit Suisse's short interest history, or implied volatility extrapolated from Credit Suisse options trading.
Pair Trading with Credit Suisse
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Credit Suisse position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Credit Suisse will appreciate offsetting losses from the drop in the long position's value.Moving against Credit Stock
| 0.79 | IBM | International Business Report 17th of April 2024 | PairCorr |
| 0.78 | TRV | The Travelers Companies Earnings Call Tomorrow | PairCorr |
| 0.68 | PG | Procter Gamble Earnings Call This Week | PairCorr |
| 0.66 | MSFT | Microsoft Report 23rd of April 2024 | PairCorr |
| 0.65 | AXP | American Express Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Credit Suisse could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Credit Suisse when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Credit Suisse - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Credit Suisse Group to buy it.
The correlation of Credit Suisse is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Credit Suisse moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Credit Suisse Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Credit Suisse can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Other Consideration for investing in Credit Stock
If you are still planning to invest in Credit Suisse Group check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Credit Suisse's history and understand the potential risks before investing.
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