Credit Suisse India Wealth Report

The group's wealth management arm reported $27 billion in net new assets for the first quarter of the year, compared to $22 billion for the three months prior

A fresh 18% drop in embattled Swiss lender Credit Suisse led the wider European banking index lower

Credit Suisse expects domestic earnings to grow 15 per cent over the next one year and market returns could be in line with that

Investors have wiped about $7 billion off Saudi National Bank's market value amid growing concern over the lender's plans to purchase a stake in Credit Suisse Group AG

India, Credit Suisse said, saw a 12 per cent year-on-year (YoY) rise in total household wealth in 2021 to $14,225 billion

The poll was compiled before the bank settled a legacy residential mortgage-backed security case for $80 million less than it had previously flagged

Within the markets segments, they do not forecast a major underperformance by the mid-caps in 2020 given the valuation comfort

The wealth per adult stood at $14,569 as per the report, or up 3.3 percent, while their debt grew 11.5 percent to $120 billion

It pegs India's total wealth at $6 trillion with a mean wealth of $7,024 per adult in 2018-mid.