Credit Suisse Shares Worst Performing Since 1989 as Losses Deepen
Credit Suisse Group AG’s losing streak has brought the stock closer to the price the Swiss bank pitched investors in a critical funding round, raising...
Tag : Credit Suisse
Credit Suisse Seeks to Reassure Investors With $3 Billion Debt Buyback
Credit Suisse will buy back as much as 3 billion Swiss francs ($3 billion) in debt, the troubled Swiss bank said on Friday, to give...
Sona BLW Precision IPO to Debut 14 June
The Sona BLW Precision Ltd IPO or Sona Comstar had backed by private equity firm Blackstone Group, will open on 14 June. Price band for...
Credit Suisse Cuts India’s FY22 GDP Forecast to 8.5-9%
Credit Suisse has sharply lowered its real GDP growth forecast for this fiscal year to around 8.5-9 per cent, citing economic disruptions in the country...
upGrad Raises $120 Million From Temasek
upGrad on Monday said it has raised USD 120 million from Singapore-based Temasek, making this the first external fund-raise by the edtech major. Since its...
Credit Suisse Takes $4.7 Billion Charge Due to Hedge Fund
Credit Suisse Group AG will take $4.7 billion writedowns tied to the implosion of Archegos Capital Management and replace more than half a dozen executives...
Global Banks May Lose $6 Billion From Collapse of Archegos
Global banks may lose out on more than $6 billion as Archegos Capital Management run by former Tiger Asia hedge fund manager Bill Hwang triggered...
Axis Bank Picks Arrangers for $1.3 Billion Share Sale
Axis Bank Ltd., India’s third-largest private sector lender, has picked advisers including BNP Paribas SA and Credit Suisse Group AG to manage its proposed share...
Merger PSU Banks Unlikely to Revive Credit Flow
The merger of Public Sector Banks (PSBs) into four entities is unlikely to revive credit growth or have meaningful cost synergies, said a report by Credit Suisse....