Page 9 - Credit Suisse

SpiceJet tells SC matter with Credit Suisse settled; seeks urgent hearing

SpiceJet Limited told the Supreme Court that it has reached a settlement over its outstanding dues with Swiss company Credit Suisse and sought an urgent listing of its plea

SpiceJet, Credit Suisse end legal battle, sign settlement and consent terms

The settlement and consent terms, executed on May 23, 2022 between SpiceJet and Credit Suisse have also been filed before the Supreme Court of India for final orders

WEF 2022: We'll never go back to office full time, says Credit Suisse CEO

"We are in a soft way trying to encourage people to come back, but it's counterproductive if you push too hard"

Credit Suisse posts another quarter of loss, rejigs top team

The Zurich-based bank posted a net loss of 273 million Swiss francs ($284 million), in the first quarter driven by legal expenses

Credit Suisse likely to shake up its senior management team: Report

The bank said last week it expected to report a first-quarter loss after increasing legal provisions, seeing business activity slow and taking a hit from the fallout of Russia's invasion

Credit Suisse and Axis Bank move NCLT against RCap, Administrator

The lenders want recognition as firm's financial creditors, and inclusion in CoC as part of RCap's corporate insolvency resolution proceedings. Administrator has admitted claims worth Rs 23,666 cr

'Lower than industry's demand': Analysts on Trai 5G price recommendations

The reduction proposed in pricing, though largely on expected lines, is not in sync with the 90% drop that the industry had been asking for, the experts said

SpiceJet inks pact with Credit Suisse on $24-million dispute

In a separate case, top court asks airline to settle share-purchase dispute with Marans by Apr 12

SpiceJet settles $24-mn financial dispute with Credit Suisse

SpiceJet said it has settled its commercial dispute worth around USD 24 million with Credit Suisse, with low-cost airline agreeing to pay the settlement amount over a mutually agreed period of time.

'Indian equities are not a bargain buy at the current levels'

Business Standard's Puneet Wadhwa speaks to Dan Fineman, Co-head of APAC Equity Strategy at Credit Suisse on the extent to which the markets are pricing in the negatives, and his investment strategy

'Better valuations, oil price fall will make Indian equities attractive'

Dan Fineman, co-head of Asia Pacific, Securities Research, Credit Suisse, says the brokerage would like to upgrade India if an opportunity arises

Credit Suisse downgrades India to underweight on soaring crude oil prices

Brent crude of $120 a barrel, Credit Suisse estimates, could add $60 billion to India's import bill. Price rises for gas, coal, edible oils and fertilisers could add another $35 billion.

Corruption, money laundering reaching new high in Pak under Imran Khan govt

Under the current Imran-Khan govt, corruption and money laundering are the 'most important issues faced by Pakistan, local media reported.

Ex-Pakistan spy chief named in massive Credit Suisse corruption leak

The report covered more than 18,000 accounts collectively holding over $100 billion

Credit Suisse leak reveals firm's clients included criminals, dictators

A network of journalists from around the world obtained leaked records on more than 18,000 Credit Suisse accounts

LIC's business plan change after IPO a threat to private firms: Report

According to an analysis of its initial public offer (IPO) filings by Swiss brokerage Credit Suisse, SBI Life, ICICI Prudential, HDFC Life and Max Life will face the maximum impact of the LIC move

Credit Suisse investors fear a long wait before the bank recovers

Credit Suisse reported a worse-than-expected $2.2 billion quarterly loss and warned of bleak prospects for 2022, when it said earnings would be hit by restructuring costs and pay

Markets underestimating growth recovery underway in India: Jitendra Gohil

India is a solid structural investment opportunity and the markets are likely underestimating the growth recovery underway in the economy, Jitendra Gohil said

A coke-smuggling wrestler delays Credit Suisse's return to boring banking

Credit Suisse said in a pre-trial statement that it "unreservedly rejects as meritless all allegations in this legacy matter raised against it and is convinced that its former employee is innocent"

Credit Suisse flags weak 2022, ends a torrid year with $2.2-bn Q4 loss

Credit Suisse's horrendous 2021 was marked by the collapse of $10 bn in supply chain finance funds linked to Greensill and a $5.5-bn trading loss from the implosion of investment fund Archegos