Digital World Acquisition Corp
Change company Symbol lookup
Select an option...
DWAC Digital World Acquisition Corp
TMP Tompkins Financial Corp
CCF Chase Corp
CHKP Check Point Software Technologies Ltd
GGXXF Ggx Gold Corp
ICE Intercontinental Exchange Inc
AICAF Air China Ltd
LGF.A Lions Gate Entertainment Corp
COMM CommScope Holding Company Inc
ENVB Enveric Biosciences Inc

Company profile

Digital World Acquisition Corp is a blank check company. The Company is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The Company intends to focus on companies in the healthcare industry in the United States. The Company is not engaged in any business operations and has not generated any revenue.

Closing Price
Day's Change
0.01 (0.07%)
B/A Size
Day's High
Day's Low
(Below Average)

10-day average volume:

Credit Suisse swings to $4.09 billion loss as revenue drops 30%

1:22 am ET October 27, 2022 (MarketWatch)

By Dominic Chopping

Credit Suisse Group AG on Thursday swung to a larger-than-expected third-quarter net loss, with the bank saying earnings were significantly affected by the continued challenging market and macroeconomic conditions, leading to a weaker performance for its investment bank in particular.

The Swiss lender (CSGN.EB) posted a net loss of 4.03 billion Swiss francs ($4.09 billion), compared with a profit of CHF434 million a year earlier, as quarterly revenue dropped 30% to CHF3.8 billion.

A company-compiled consensus forecast had expected a net loss of CHF413 million on revenue of CHF3.99 billion.

The bank ended the quarter with a common equity Tier 1 ratio--a key measure of balance-sheet strength--of 12.6%, compared with 14.4% in the year-earlier period.

Credit Suisse also announced a strategy update that Chief Executive Ulrich Körner said will "radically restructure the investment bank, strengthen capital, and accelerate our cost transformation."

Write to Dominic Chopping at

-Dominic Chopping


(END) Dow Jones Newswires

October 27, 2022 01:22 ET (05:22 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

Earnings Calendar and Events Data provided by |Terms of Use| © 2023 Wall Street Horizon, Inc.

Market data accompanied by is delayed by at least 15 minutes for NASDAQ, NYSE MKT, NYSE, and options. Duration of the delay for other exchanges varies.
Market data and information provided by Morningstar.

Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses.
Please read Characteristics and Risks of Standard Options before investing in options.

Information and news provided by ,, , Computrade Systems, Inc., ,, and

Copyright © 2023. All rights reserved.