
Hertz, General Mills fall premarket; Steelcase, Lucid Group rise
By Peter Nurse Investing.com -- Stocks in focus in premarket trade on Tuesday, December 20th. Please refresh for updates. Hertz (NASDAQ:HTZ) stock fell 0.8% after U.S. auto safety...
By Peter Nurse Investing.com -- Stocks in focus in premarket trade on Tuesday, December 20th. Please refresh for updates. Hertz (NASDAQ:HTZ) stock fell 0.8% after U.S. auto safety...
ZURICH (Reuters) – Credit Suisse needs to execute its revamp successfully and end a string of negative headlines from Switzerland’s second-biggest bank, Swiss National Bank Chairman...
ZURICH (Reuters) – Zuercher Kantonalbank is not trying to poach clients from embattled Credit Suisse, the state-backed cantonal bank’s chief executive said in a newspaper interview...
(Reuters) – The U.S. Federal Reserve and the Federal Deposit Insurance Corp identified two deficiencies in Credit Suisse’s so-called “living will” that details how the firm would be...
(Reuters) - The world's largest investment banks expect global economic growth to slow further in 2023 following a year roiled by the Ukraine conflict and soaring inflation, which triggered...
Bern (Reuters) – The Swiss National Bank has welcomed Credit Suisse’s new strategy with Chairman Thomas Jordan saying the overhaul reduced risks for the Swiss financial system.
The Swiss bank is on firmer financial footing after selling $4.3 billion in stock, but it still needs to woo back its rich clients.
Reuters Broadcom's Vmware Draws More Regulatory Attention, This Time From EU U.S. chipmaker Broadcom Inc's (NASDAQ: AVGO) $61 billion Vmware, Inc (NYSE: VMW) deal could hit a...
MILAN (Reuters) – Credit Suisse has named Paolo Celesia and Michele Pangrazzi co-heads of its Italian investment banking business, as veteran banker Andrea Donzelli leaves the Swiss...
By Summer Zhen and Selena Li Hong Kong (Reuters) – Carsten Stoehr, Credit Suisse’s chief executive for its Greater China business, is leaving the bank, according to an internal memo...
(Reuters) – A former trader at JPMorgan Chase & Co and Credit Suisse was convicted of fraud in U.S. court on Friday for scheming to manipulate precious metals futures through a trading...
Central banks are popping 'pandemic-inspired bubbles' in housing, crypto, SPACs and more, but 'much more probably needs to be done,' says Credit Suisse.
By Peter Nurse Investing.com -- Stocks in focus in premarket trade on Friday, December 9th. Please refresh for updates. Activision Blizzard (NASDAQ:ATVI) stock fell 0.1% after the Federal...
By Alessandro Albano Investing.com - Credit Suisse (SIX:CSGN) has completed a CHF 4 billion ($1=CHF0.9333) two-stage capital increase, giving CEO Ulrich Koerner the funds needed to...
By Peter Nurse Investing.com - European stock markets edged lower in nervous trading Friday as investors look to the latest U.S. inflation data amid growing recession worries. At 04:00 ET...
(Reuters) -The world's largest investment banks expect global economic growth to slow further in 2023 following a year roiled by the Ukraine conflict and soaring inflation, which triggered...
The Swiss lender said that 98.2% of rights offered had been exercised, or around 873 million new shares, until the end of the rights period at midday Zurich time on Thursday.
Greg had the CPI data from China earlier:China's CPI YoY for November 1.6% versus 1.6% expectedCredit Suisse (analyst speaking on CNBC in Asai) saysWe don’t think CPI is an issue in...
The Bank of Japan next meet on December 19 and 20:Comments from CS come via eFX. Analysts are focused on Federal Reserve developments while the BOJ hold policy steady. For bank trade ideas,...
ZURICH (Reuters) – Credit Suisse on Thursday announced the final result of its 4 billion Swiss franc ($4.25 billion) capital raise, saying 98.2% of shareholder rights to buy stock at a...
By Lucy Raitano and Pablo Mayo Cerqueiro
ZURICH (Reuters) – Credit Suisse has seen a stabilisation in the outflows of client funds, Chairman Axel Lehmann told Swiss broadcaster SRF on Monday, adding that the embattled bank’s...
By Peter Nurse Investing.com -- Stocks in focus in premarket trade on Monday, December 5th. Please refresh for updates. Tesla (NASDAQ:TSLA) stock fell 4.3% after Bloomberg reported the...
By Scott Kanowsky Investing.com -- Shares in Credit Suisse Group AG (SIX:CSGN) climbed on Monday on a Wall Street Journal report that Saudi Arabia's Crown Prince Mohammed bin Salman and...
(Reuters) - Swiss lender Credit Suisse (SIX:CSGN) faces a litmus test over its rights issue, just one several trials markets must work through between now and year-end even if some are...
(Reuters) – Investors including Saudi Arabia’s crown prince and a U.S. private-equity firm run by a former Barclays CEO have shown interest in investing $1 billion or more in Credit...
Saudi Arabia’s crown prince and a U.S. private-equity firm run by Barclays PLC’s former chief executive are among investors preparing to invest $1 billion or more into Credit Suisse‘s new...
Mohammed bin Salman could invest $500 million to back CS First Boston and CEO-designate Michael Klein.
(Reuters) - Swiss lender Credit Suisse (SIX:CSGN) faces a litmus test over its rights issue, just one several trials markets must work through between now and year-end even if some are...
By Peter Nurse Investing.com - European stock markets traded largely lower Friday, with gloomy data illustrating the difficult economic circumstance in Europe as investors cautiously await...
By Oliver Hirt, Selena Li, Sumeet Chatterjee and Noele Illien
Investors remain wary about the bank's capital position as credit default swaps surge
By Simon Jessop LONDON (Reuters) – Credit Suisse on Thursday said it plans to halve the emissions intensity of investments across its investment funds by the end of the decade, and would...
The Swiss lender’s $4.2 billion share sale and sweeping restructuring were supposed to regain the market’s confidence. Instead, more investors are betting against the bank.
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