Page 10 - Credit Suisse

Credit Suisse faces money laundering charges in cocaine traffickers trial

Swiss prosecutors say it did not take all necessary steps to prevent the alleged drug traffickers from hiding and laundering cash

Buy Tesla stock as the EV maker 'checks all the boxes,' says Credit Suisse

The analysts wrote that they expect Tesla shares to recover from their recent pullback, supported by strong fundamentals including volume growth and sustained margin strength

Credit Suisse expects 50 bps cut in China's RRR in the first half of 2022

Credit Suisse also raised its rating to 'overweight' on Chinese equities, from 'benchmark' earlier.

Horta-Osorio's broken promise the final straw at embittered Credit Suisse

That promise ultimately sealed his fate as he was forced to resign after barely eight months in office for flouting coronavirus quarantine rules in both Britain and Switzerland

Credit Suisse chairman Horta-Osorio resigns over Covid breaches

Swiss bank appoints Axel Lehmann as chairman after Horta-Osorio quits within a year after taking charge

Credit Suisse chief resigns for breach of Covid-19 quarantine rules in UK

Antonio Horta-Osorio, Chairman of the global banking giant Credit Suisse, has resigned after he was reportedly found to have broken the UK's Covid-19 quarantine rules

IT services, telecom, financials: Sectors analysts are betting on for 2022

With the withdrawal of easy and cheap money globally, fundamentals would come to fore, analysts suggest. Therefore, one needs to stay invested in the right quality of stocks, analysts suggest

EM equities to underperform in 2022 on central bank policy action: Analysts

While most analysts see monetary policy normalisation across the world in 2022, rate trajectories are likely to diverge across geographies, they said

Market outlook 2022: Brokerages remain upbeat; see Sensex at new high

Inflation, winding down of stimulus from major central banks such as the US Fed and the ECB, developments in China and the impact of the new Covid variants, if any, are some of the key risks

India's economy likely to grow 10.5% in FY22, 9% in FY23: Credit Suisse

For the current financial year too, the brokerage anticipates growth to be higher than the consensus forecast of 8.4-9.5 per cent

Financial stocks to drive earnings growth of Nifty50 firms: Credit Suisse

Credit Suisse is more upbeat on domestic cyclicals than global, has an overweight on financials, industrials and cement; Some of its top picks are SBI, HDFC and Ultratech

Forex cartel: EU antitrust regulators fine Barclays, HSBC, Credit Suisse

The latest investigation focused on foreign exchange (forex) spot trading of G10 currencies

Credit Suisse takes axe to broking biz after multibillion-dollar losses

The long-awaited reorganisation, however, fell short of the sweeping overhaul expected by some investors.

Credit Suisse pares back investment banking, sharpens focus on the rich

Q3 net profit falls 21%, expects net loss for Q4; closing most of its prime broking business after Archegos scandal

Will economic stress and hunger lead to political change?

Will economic distress affect how people perceive the role of the political class as a whole, and judge how they responded to their suffering?

Credit Suisse names chief compliance officer after twin scandals

Lopez Lorenzo, currently head of group internal audit, will take over Oct. 1 from Thomas Grotzer

Credit Suisse postpones US office return for unvaccinated staff

Employees that are not yet vaccinated are expected to work remotely until they receive the shot. The memo didn't specify that employees would be obliged to get vaccinated.

Equities to retain P/E premium over EM peers, says Credit Suisse

The medium-term outlook for equities remains positive but some caution is warranted in the short term, the brokerage said

Credit Suisse adds risk veterans to board with UBS, Lloyds alums

Credit Suisse is working to rebuild its management ranks after the $5.5 billion hit related to losses from prime brokerage client Archegos

Credit Suisse chairman doubles down with $1 million stock purchase

Credit Suisse Chairman Antonio Horta-Osorio has bought another 1 million Swiss francs ($1.1 million) worth of shares in the group as he tries to restore order to Switzerland's second-biggest bank.