Hot Oil Service Stocks To Watch For 2015

Hot Oil Service Stocks To Watch For 2015: Credit Suisse Group(CS)

Credit Suisse Group AG, together with its subsidiaries, operates as a financial services company. The company operates in three segments: Private Banking, Investment Banking, and Asset Management. The Private Banking segment offers advisory services and a range of wealth management solutions, including pension planning, life insurance products, tax planning, and wealth and inheritance advice for the high-net-worth and ultra-high-net-worth individuals. This segment also supplies banking products and services to affluent, high-net-worth and ultra-high-net-worth clients, and corporates and institutions. The Investment Banking segment provides investment banking and securities products and services to corporations, governments, pension funds, and institutions. Its products and services include debt and equity underwriting, sales and trading, mergers and acquisitions advice, divestitures, corporate sales, restructuring, and investment research. The Asset Management segment offe rs integrated investment solutions and services to institutions, governments, foundations and endowments, corporations, and individuals. It provides access to a range of investment classes across alternative investment, asset allocation, and traditional investment strategies. The company operates in Switzerland, Europe, the Middle East, Africa, the Americas, and the Asia Pacific. Credit Suisse Group AG was founded in 1856 and is headquartered in Zurich, Switzerland.

Advisors' Opinion:

• [By Vaughan Scully, ,]

  Three of the fund's top 10 holdingsING Groep (ING), BNP Paribas (Paris:BNP) (US:BNPQY), and Credit Suisse Group (CS)are European financials that came into the fund beginning in early 2012, when the team began to sense the pessimism regarding the European banking sector was too extreme.

• [By Eric Volkman]

  As if the continent didn't have enough financial worries, McGraw Hill Financial's! Standard & Poor's has cut its ratings on a trio of European banks. The agency notched down the long-term counterparty credit ratings for Barclays (NYSE: BCS  ) , Credit Suisse (NYSE: CS  ) , and Deutsche Bank (NYSE: DB  ) . All were reduced to "A" from the previous "A+".

source from Top Penny Stocks For 2015:http://www.topstocksforum.com/hot-oil-service-stocks-to-watch-for-2015-2.html