ZURICH (Reuters) – Credit Suisse Group AG on Tuesday confirmed an extraordinary general meeting will take place on November 23 for shareholders to approve a proposed capital increase. The embattled …
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By Selena Li HONG KONG (Reuters) – Credit Suisse is forging ahead with expansion in China, with the country and Hong Kong set to see strongest pace of headcount growth …
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ZURICH (Reuters) – The Swiss National Bank endorses the measures Credit Suisse has taken to transform the embattled Swiss bank and shore up its capital, SNB Vice Chairman Martin Schlegel …
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By Pamela Barbaglia (Reuters) – Credit Suisse’s latest shake-up has led to the promotion of some senior executives to more powerful roles while others are leaving. The bank is significantly …
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NEW YORK (Reuters) – Harris Associates, a shareholder of Credit Suisse Group, said on Thursday it welcomed the “aggressive” approach the Swiss bank was taking to improve its performance. “We …
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ZURICH (Reuters) – Credit Suisse is exploring the possibility of an initial public offering for its CS First Boston spinoff, a source familiar with the matter told Reuters on Thursday. …
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ZURICH (Reuters) – Credit Suisse announced on Thursday a strategic revamp aiming to turn the corner on years of scandals, losses and executive upheaval at a financial insitution with deep …
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ZURICH (Reuters) – Credit Suisse Group lost 4 billion Swiss francs ($4.06 billion) in the third quarter, badly missing the average estimate of 413 million francs in a consensus compiled …
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By Megan Davies NEW YORK (Reuters) – Credit Suisse may want to revive the First Boston brand for its investment bank – but doing so could be complicated and possibly …
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By Adam Jourdan BUENOS AIRES (Reuters) – Ratings agency Fitch on Wednesday downgraded Argentina’s long-term sovereign credit rating by a notch to ‘CCC-‘ from ‘CCC’, citing deep macroeconomic imbalances and …
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By Vincent Flasseur and Davide Barbuscia (Reuters) – Credit Suisse Group AG is set to announce a major strategic overhaul on Thursday after a string of losses and risk management …
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FRANKFURT (Reuters) – Bank lending to euro zone companies accelerated further in September, extending the sector’s biggest borrowing binge in over a decade, despite rising interest rates and a looming …
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Seattle – A former financial services representative at Alaska USA Federal Credit Union was sentenced today in U.S. District Court in Seattle to one year and a day in prison …
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FRANKFURT (Reuters) – Euro zone banks expect to tighten access to credit further in the fourth quarter and see a drop in loan demand as economic growth slows and interest …
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PARIS (Reuters) – A French court approved an agreement between Credit Suisse Group and the French financial prosecution office to settle a tax fraud and money laundering case in the …
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(Reuters) – Credit Suisse Group AG’s Chief Compliance Officer Rafael Lopez is set to leave the Swiss bank in the coming weeks after spending little more than a year in …
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ZURICH (Reuters) – Credit Suisse has sold its 30% stake in Energy Infrastructure Partners to EIP’s managing partners, EIP said on Friday without giving any financial details. Energy Infrastructure Partners …
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(Reuters) -Global ratings agency Fitch cut Pakistan’s sovereign credit rating on Friday by a notch to ‘CCC+’ from ‘B-‘, citing further deterioration in the country’s external liquidity and funding conditions …
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By Nell Mackenzie (Reuters) – Investors have been adding to bets that Credit Suisse’s shares still have further to fall after a social media storm forced a fresh look at …
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(Reuters) -Credit Suisse Group AG is working with banks including Royal Bank of Canada (RBC) and Morgan Stanley on a potential capital increase, should it need to shore up its …
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PARIS (Reuters) – CACEIS, the asset servicing business owned by French bank Credit Agricole and Spanish bank Santander, has struck a preliminary deal to buy the European asset servicing business …
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By William Schomberg LONDON (Reuters) – More large British companies view borrowing as expensive than at any time in the past decade, due partly to financial market turmoil caused by …
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(Reuters) – Credit Suisse is preparing to sell parts of its Swiss domestic bank as it attempts to close a capital hole of around 4.5 billion Swiss francs ($4.48 billion), …
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(Reuters) – Credit Suisse Group AG has held talks with a number of banks about underwriting a potential capital increase in case it needs to shore up its balance sheet, …
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By Noele Illien ZURICH (Reuters) – As Credit Suisse finalises a much-anticipated restructuring, analysts are crunching the numbers on how much capital the bank may need and suggesting how best …