Another Lehman-like moment is brewing up in the banking space with Swiss banking giant Credit Suisse being at a “critical” moment now. Credit Suisse Chief Executive Officer Ulrich Koerner said that th...
Tag: Suisse
Credit Suisse seeking to assure investors amid financial concerns: FT
A Swiss flag flies over a sign of Credit Suisse in Bern, Switzerland FABRICE COFFRINI | AFP | Getty Images Credit Suisse executives are in talks with its major investors to reassure them amid rising c...
Credit Suisse CEO Seeks to Calm as Default Swaps Near 2009 Level
(Bloomberg) — Most Read from Bloomberg Credit Suisse Group AG’s new chief has asked investors for less than 100 days to deliver a new turnaround strategy. Turbulent markets are making that feel ...
‘Trading Like a Lehman Moment’ — Credit Suisse, Deutsche Bank Suffer From Distressed Valuations as the Banks’ Credit Default Insurance Nears 2008 Levels – Economics Bitcoin News
It’s been more than a decade since the financial crisis in 2007-2008 when Lehman Brothers, the fourth largest investment bank in the U.S., collapsed and filed bankruptcy. Close to 14 years later, Cred...
World Will Have Nearly 40% More Millionaires By 2026: Credit Suisse
North America and China helped fuel an increase in global wealth last year, according to the Global … [+] Wealth Report published by Credit Suisse Research Institute on Tuesday. Photographer: Mi...
Inflation ‘collapse’ will spark big stock market gains: Credit Suisse
Credit Suisse expects the Federal Reserve to pause interest rate hikes sooner than widely expected due to tumbling inflation. According to the firm’s chief U.S. equity strategist, it will launch...
Credit Suisse, SoftBank Reportedly Planning Layoffs. Here Are The Major Job Cuts Amid Growing Recession Fears
Credit Suisse and SoftBank are reportedly cutting back on staff, the companies announced on Friday—becoming the latest multinational firms to announce layoffs this summer as employers fear an unstable...
Credit Suisse to offer onshore wealth management services in China
Switzerland’s second-biggest bank Credit Suisse (NYSE: CS), seems to be moving ahead despite the scandals that have surrounded it, the changes in its management, and the alterations in its global stra...
Credit Suisse Holds Over $30M in Crypto Custody for Its Institutional Clients
Pursuant to the SAB-121 requirements by the SEC, Credit Suisse has disclosed the amount of “digital assets” in custody but didn’t give the break up of the particular crypto assets. Swiss banking giant...
Apple shares are on their way to $200: Credit Suisse
Apple Inc (NASDAQ: AAPL) has already bounced more than 30% off its low in mid-June but a Credit Suisse analyst says it’s a roller coaster that only goes up. Apple shares have another 15% upside from h...
Credit Suisse hit with stock and credit downgrades after earnings plunge
Speculation has emerged in recent months that Credit Suisse may be considering a capital raise. Thi My Lien Nguyen | Bloomberg | Getty Images Credit Suisse shares slipped on Wednesday after Goldman Sa...
Credit Suisse chairman denies plans to sell or raise capital after mammoth loss
Speculation has emerged in recent months that Credit Suisse may be considering a capital raise. Thi My Lien Nguyen | Bloomberg | Getty Images Credit Suisse Chairman Axel Lehmann denied any intention t...
Credit Suisse stock price has crashed. Will the new CEO save it?
Credit Suisse (SWX: CSGN) stock price rose by more than 2% in Switzerland after the embattled bank named a new CEO. The shares have been in a strong bearish trend in the past few months as the company...
Credit Suisse CEO to step down from embattled investment bank, WSJ says
Credit Suisse Chief Executive Thomas Gottstein addresses the Finanz und Wirtschaft Forum conference in Zurich, Switzerland, September 2, 2020. Arnd Wiegmann | Reuters Credit Suisse CEO Thomas Gottstei...
Galaxy Digital Names Credit Suisse Veteran as Global Head of Distribution
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Credit Suisse to overhaul its risk management after Archegos and other scandals
A sign above the entrance to the Credit Suisse Group AG headquarters in Zurich, Switzerland, on Monday, Nov. 1, 2021. Thi My Lien Nguyen | Bloomberg | Getty Images Credit Suisse has vowed to forge ahe...
Crude Oil’s Inflation Trade Is Unwinding, Credit Suisse Says
(Bloomberg) — This year’s standout inflation trade of backing commodities is coming under pressure on concern a recession will curb demand for raw materials. Most Read from Bloomberg That’s the ...
The ‘core systems are working well,’ Bitcoin Suisse director says as BTC holds $20K level
Giles Keating, director at Bitcoin Suisse, told CNBC’s “Squawk Box Europe” that the crypto market may have seen unprecedented pain over the past several months, but at the base of it – blockchain syst...
Bitcoin Suisse Director says crypto market is forming a bottom
? Want to work with us? CryptoSlate is hiring for a handful of positions! Although the crypto market is going through a challenging phase, the core systems are functioning well, crypto-financial servi...
Credit Suisse warns of ‘new world order’ in markets
Credit Suisse markets new world order interest rates recession – AP Photo/Seth Wenig Credit Suisse has warned of a “new world order” in financial markets after central banks began aggressively r...
Credit Suisse Sees Microsoft Azure Narrow Revenue Gap To Amazon Web Services And Widen Gap To Google Cloud, Alibaba Cloud
TipRanks Oppenheimer Pounds the Table on Nvidia Stock In an upbeat research note, Oppenheimer analyst Rick Schafer laid out the bull case for buying Nvidia (NVDA) stock — why he rates it “...
Former Credit Suisse CEO’s $345 Million SPAC Loses Pimco Support
Credit Suisse chief executive officer Tidjane Thiam attends the annual shareholders meeting of the … [+] Swiss banking group in Zurich on April 28, 2017. / AFP PHOTO / Michael Buholzer (Photo cr...
Credit Suisse issues profit warning for second quarter
A sign above the entrance to the Credit Suisse Group AG headquarters in Zurich, Switzerland, on Monday, Nov. 1, 2021. Thi My Lien Nguyen | Bloomberg | Getty Images Credit Suisse said on Wednesday that...
Yamana Gold, Credit Suisse, Unilever and more
Check out the companies making headlines before the bell: Yamana Gold (AUY) – The Canadian gold producer agreed to be acquired by Gold Fields (GFI) in an all-stock deal valued at $6.7 billion. Yamana ...
Here’s what just happened that triggers stock market drops 71% of the time, warns Credit Suisse
Wall Street’s in an unusually bullish mood Tuesday morning. Tim Holland, chief investment officer at Orion Advisor Solutions, argues the market has just notched two peaks. Last week, the Labor Departm...
Investing in These 3 Healthcare Stocks Could Double Your Money, Says Credit Suisse
On Wall Street, some things never change. High inflation or not, the fact of the matter remains that healthcare stocks are the epitome of risk/reward plays. Why? It comes down to the nature of the ind...
Credit Suisse Froze Assets Worth $10.6 Billion in Q1 2022
Credit Suisse, which is the second-largest bank in Switzerland, said on Thursday that it froze CHF 10.4 billion of wealthy clients’ assets in the first quarter of 2022 under sanctions imposed in conne...
Credit Suisse Records Losses in Its Q1 2022 Earnings Report
Credit Suisse unveiled through the earnings report that there will be a significant change in its management moving forward. Swiss multinational banking giant Credit Suisse Group AG (SWX: CSGN) has pu...
Bitcoin Suisse to offer DeFi services with Liquity protocol
Bitcoin Suisse has announced its venture into decentralized finance (DeFi) services. The company will start offering these services through the Liquity protocol that allows customers to borrow the Liq...