The article reports on the increase in profit of the Swiss bank Credit Suisse Group in the fourth quarter of 2009, which is said to indicate that the bank has overcome a decline in investment banking activity.BallDeborahEBSCO_bspWall Street Journal Eastern Edition...
Swiss financial regulator Finma has defended its decision to wipe out a huge swath of risky subordinated bonds as part of the Credit Suisse rescue deal. The move taken on Sunday, which rendered SFr16bn ($17bn) of investments worthless, has become one of the most controversial elements of the...
It is commonly said that European banks are losing ground against the Americans, he told analysts on November 1, before adding that this wasnotthe case for Credit Suisse. No, sir. Not entirely surprisingly, Thiam was taking a pretty specific number to make his point: the...
Cutbacks Fuel Credit Suisse Profit.The article reports on the second-quarter 2013 earnings announcement of the Credit Suisse Group AG bank and discusses trends in the Swiss banking industry as of July 2013, citing the bank UBS AG.EBSCO_bspWall Street Journal - Eastern Edition...
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, on March 16. (Staff/Reuters) European stocks rebounded strongly Thursday afternoon, after falling back earlier in the day following an announcement by Europe’s central bank ...