10/27/2022
Through the proposed share capital increases, Credit Suisse Group AG intends to raise CHF 4.0 billion to further strengthen the Group’s capital base and support its strategic transformation.
10/27/2022
We believe these actions will lead Credit Suisse to a more stable performance
10/27/2022
Credit Suisse Posts Fourth Consecutive Quarterly Loss
10/27/2022
Clients and advisers are now easily accessible over video calls, and regular contacts can be more frequent
10/27/2022
Revenues of £8.3m were an improvement on the £6.2m figure for the previous year.
10/27/2022
So far it is completely unclear how badly the successful Swiss division and the local corporate functions are affected.
10/27/2022
Each month we will give you the vital measurements of a fund group: gains and losses, performance and market share.
10/27/2022
The WealthSelect portfolios has been underweight to traditional fixed income of late, however will now add to this exposure across risk levels 3-7 in the Managed and Responsible ranges
10/27/2022
As part of a cost cutting exercise
10/27/2022
Profit before tax was €11,761 million, down 6% (+3% in current euros), while tax on profit in the period was €3,538 million, resulting in an effective tax rate of 30%.
10/26/2022
Citi supports Sanlam Private Wealth’s business model transformation
10/26/2022
The bank aims to achieve these targets by supporting clients in carbon-intensive industries, and financing their transition strategies
10/26/2022
The bank posted a 3 percent uptick in operating expenses driven by increased investment-based spending, salary inflation and performance-related pay accruals.
10/26/2022
However, the bank’s net profit declined, it said in its third-quarter results.
10/26/2022
HSBC and Standard Chartered also record third-quarter results.
10/26/2022
From restructuring of investment banking to job cuts, the Swiss group will have to be decisive, especially if it wants avoid a large capital raise or a mega-merger.
10/26/2022
The US 10-year bond yield fell 100bps to 2.5%.
10/25/2022
3Q22 net profit of USD 1.7bn, 15.5% return on CET1 capital and 14.4% CET1 capital ratio
10/25/2022
It’s the kind of early-career journey that forms the foundation of the most successful careers.
10/25/2022
The private bank has eased its deposit rules after being left with a number of lower net worth clients following Canaccord's acquisition of Adam & Co's investment arm.