Page 11 - Credit Suisse

Hear no evil, see no evil: How Credit Suisse ignored Archegos warnings

The Swiss bank suffered by far the most of all peers from financing the fund's risky market bets

Credit Suisse Q2 profit misses estimates as bank pares risk after scandals

Net income tumbled 78% from a year earlier

Scandal-hit Credit Suisse considers creating single private bank: Report

Credit Suisse is considering centralising the management of its bankers to the world's wealthy, replacing a regional structure, three sources said

World's richest 1% gaining wealth fastest in 10 nations, says report

Brazil's rich boosted their share by 2.7% last year to make up almost 50% of the nation's wealth

Amid key concerns, metal stocks may see soft trend in medium-term

Cloud over domestic demand, rising global supplies and high valuations are key concerns

Credit Suisse cuts metals stocks from overweight to underweight

"We book profits on metals, reversing positions added in December-20 and earlier, as P/B relative to market is near a 10-year high," Credit Suisse said

Credit Suisse cuts nominal growth forecast over covid second wave

Citing the impact of the second wave of the pandemic over the economy and consumer sentiment, Swiss brokerage Credit Suisse has lowered its nominal GDP growth forecast by 150-300 bps

Swiss Parliament panel to discuss Credit Suisse billion-dollar scandal

Prospect of concrete action remains unclear despite the crisis at the country's second-biggest bank

There's a weak link between economy and market, says Jitendra Gohil

The next trigger for a sell-off can be if we go into a nationwide lockdown to curb the virus, but the probability of such a measure is still low, says Gohil

Credit Suisse made $17.5 mn in Archegos fees in year before $5.4 bn losses

The lenders have collectively lost more than $10 billion in the fallout

Credit Suisse board member Gottschling to exit after Archegos debacle

Credit Suisse emerged as the big loser in global investment banks' race to exit trading positions as Archegos collapsed

Credit Suisse raises $2 billion as CEO Gottstein cuts hedge fund unit

Gottstein is battling to rescue his short tenure as chief executive officer after Credit Suisse was hit harder than any other competitor by the collapse of Archegos

Credit Suisse had more than $20 billion exposure to Archegos investments

Credit Suisse Group had more than $20 billion of exposure to investments related to Archegos Capital Management and struggled to monitor them before the fund had to liquidate many large positions

Covid-induced market correction to likely continue: Credit Suisse Wealth

Foresees further profit booking in coming weeks; advises investors to look at market corrections as a buying opportunity from a 6- to 9-month perspective

BlackRock, Mustier's blank-check firm eye Credit Suisse fund management arm

ZURICH (Reuters) - BlackRock and Jean-Pierre Mustier's blank-check firm are among investors expressing interest in Credit Suisse's asset management arm, three sources told Reuters, as the Swiss lender explores options for the unit after a run of costly scandals.

Toll of Archegos scandal goes higher as Credit Suisse's rivals thrive

In an era of prosperity for investment banks, Credit Suisse is careening from one crisis to another and this time, with a $4.7 bn writedown tied to billionaire investor Bill Hwang's trading blowout

Credit Suisse Group takes $4.7-billion Archegos hit, cuts payouts

Risk chief Warner, investment bank head Chin to leave

Credit Suisse overhauls management as it takes $4.7 billion hit on Archegos

Credit Suisse said it will take a 4.4 billion Swiss franc ($4.7 billion) hit from dealings with Archegos Capital, prompting it to overhaul the leadership of its investment bank and risk division

Archegos fallout wipes $9 bn from market value of Credit Suisse, Nomura

Investors tallied the fallout from Archegos Capital's dramatic meltdown, with Nomura and Credit Suisse shares losing a collective $9 billion while heightened scrutiny of the hedge fund industry loomed

Credit Suisse girds for billions in losses from Archegos Capital hit

The Swiss bank expects its loss tied to the implosion of Archegos Capital Manag­ement to run into the billions, according to people with knowledge of the matter