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Former Barclays CEO suggested Qatari side deal in 2008, London court hears

Former Barclays chief executive John Varley first suggested the bank could use a side deal to satisfy Qatar's demands for extra cash in return for rescue funding for the bank during the 2008 credit crisis, a London court heard on Tuesday......»»

Category: topSource: reutersJan 14th, 2020

The Tell: Get ready for QE4, says Credit Suisse analyst

The Federal Reserve’s actions to calm the stresses in short-term funding markets haven’t worked, a key analyst said in predicting the central bank may have to resort to purchasing bonds as they did during the financial crisis......»»

Category: topSource: marketwatchDec 10th, 2019

Time to buy stocks again, market mavens say

BlackRock and Credit Suisse reckon it is time to get back into equities after markets rallied this week following massive government and central bank stimulus packages to fight fallout from the coronavirus crisis......»»

Category: topSource: reutersMar 26th, 2020

UBS, Credit Suisse"s emergency plans are effective: financial watchdog

The emergency plans of UBS and Credit Suisse to deal with a financial crisis are effective, Switzerland's regulator FINMA said on Tuesday......»»

Category: topSource: reutersFeb 25th, 2020

Credit Suisse proposes crisis manager Meddings for board seat

Credit Suisse proposed on Monday Richard Meddings, a British banker with long experience of crisis management, for election to its board in its first non-executive nomination since the Swiss bank was rocked by a spying scandal......»»

Category: topSource: reutersFeb 3rd, 2020

Credit Suisse ignored warning over $2B deal with tycoon

Credit Suisse Group AG ignored warnings from its outgoing regional chief executive officer on the risks of lending $2 billion to Mozambique in a scandal that has landed the Swiss bank in a lawsuit and opened up questions about its due diligence......»»

Category: topSource: moneycentralJan 29th, 2020

Exclusive: Regulator probes board role in Credit Suisse spying scandal - sources

The Credit Suisse spying debacle risks tipping the bank into a crisis that could engulf its top executives......»»

Category: topSource: reutersJan 26th, 2020

Morgan Stanley elbows out rivals for plum role in $1.5 billion IPO relaunch: sources

Morgan Stanley has usurped rivals including Deutsche Bank, Citigroup, Credit Suisse and Goldman Sachs to lead the relaunch of a $1.45 billion IPO - Hong Kong's second-largest this year - in an unusually brutal shuffling of banks' roles on a big deal......»»

Category: topSource: reutersOct 23rd, 2019

Deutsche Bank shares tumble as deal doubts mount

Shares in Deutsche Bank tumbled for a second day on Tuesday. Analysts say there are growing doubts over a massive restructuring plan announced at the weekend. Julian Satterthwaite reports......»»

Category: videoSource: reutersJul 9th, 2019

Credit Suisse, UBS have boosted capital positions: SNB

Switzerland's biggest banks, UBS and Credit Suisse, have improved their capital positions but must strengthen their crisis planning, the Swiss National Bank said on Thursday, citing conclusions of financial watchdog FINMA......»»

Category: topSource: reutersJun 13th, 2019

London judge discharges jury in landmark Barclays Qatar case

A London jury has been discharged in a landmark fraud trial of four former Barclays executives accused of paying Qatar undisclosed fees to help rescue the bank at the height of the credit crisis in 2008......»»

Category: topSource: reutersApr 8th, 2019

London judge dismisses jury in landmark Barclays Qatar case

A London jury has been discharged in a landmark fraud trial of four former Barclays executives accused of paying Qatar undisclosed fees to help rescue the bank at the height of the credit crisis in 2008......»»

Category: topSource: reutersApr 8th, 2019

Sirius XM stock downgraded to neutral by Credit Suisse as Pandora deal "changes the story"

Credit Suisse analyst Brian Russo downgraded shares of Sirius XM Holdings Inc. to neutral from outperform in the wake of the company's announcement that it plans to acquire Pandora Media Inc. . "Tho.....»»

Category: topSource: marketwatchSep 25th, 2018

Greek bank shares tumble amid fears over bad loans

Greek banking shares are down sharply amid investor fears over lenders' needs to reduce their large stock of bad loans resulting from the financial crisis......»»

Category: topSource: foxnewsOct 3rd, 2018

Danske shares plummet to four-year lows after mirror trade report

Shares in Danske Bank plummeted on Friday to their lowest in four years after a media report the bank executed up to 8.5 billion euros of mirror trades for Russian customers in 2013, and a downgrade by Credit Suisse......»»

Category: topSource: reutersOct 5th, 2018

U.S. bank regulators sign off on "living wills" for foreign banks

U.S. banking regulators announced on Thursday they had signed off on "living wills" for four foreign banks - Barclays , Credit Suisse , Deutsche Bank and UBS - detailing how they could safely be dissolved in a crisis......»»

Category: topSource: reutersDec 20th, 2018

Credit Suisse settles New York state RMBS lawsuit

Credit Suisse has settled a 2012 New York state lawsuit alleging misconduct over residential mortgage-backed securities (RMBS), with a source familiar with the deal saying the bank would pay much less than prosecutors had originally sought......»»

Category: topSource: reutersJan 7th, 2019

The Poorest Town in Every State in America

The United States is home to nearly 40% of the world’s millionaires, according to a report from Credit Suisse, a Zurich-based investment bank. However, in a country with one of the largest gaps in wealth ine.....»»

Category: dealsSource: nytApr 15th, 2024

Top Stories this AM: Yang fails the subway test; Credit Suisse returns to the office; Elon Musk moves Bitcoin - again

When asked by S.....»»

Category: topSource: businessinsiderMay 25th, 2021

Credit Suisse Halts US Cannabis Stock Transactions, Ends Custodial Service: Report

Credit Suisse Group AG (NYSE: CS) has stopped handling transactions in shares of cannabis companies with U.S. read more.....»»

Category: blogSource: benzingaMay 6th, 2021