Credit Sussie

The drop in the wealth of Indian adults in 2020, according to Credit Suisse, was amplified by exchange rate depreciation

Credit Suisse said it planned to hire over 1,000 IT staffs in India this year to show its commitment to the country and its intention to establish it as a global technology innovation center for bank

Credit Suisse will keep limits on its risk-weighted assets (RWA) and leverage while it remains under regulatory scrutiny over risk-management failures that cost it billions, says Swiss bank

According to people with knowledge of the call, Gottstein was grilled on the exposure and risk profile of the bank -- and why it lost so much more than rivals in the debacle

Start-ups, the note said, account for a reasonably high 6-7 per cent of new firms in India, and the ratio has risen over the past decade. India is a home to the third-largest set of unicorns globally.

Even after a 164 per cent rally since its 52-week lows hit in March 2020, the Salil Parekh-led firm remains Credit Suisse top pick in the IT space

How much more meaningful upside can we anticipate for the market? In this podcast, Jyoti Roy, DVP Equity Strategist at Angel Broking answers this and more

Within Asia Pacific (ex-Japan), Credit Suisse is now biased towards second-phase Covid recovery markets-Korea, India, Australia, Singapore, and Hong Kong

Growth and not fiscal prudence, experts say, should be the priority for the government now

The order directs the bank to adopt a formal plan to overhaul its policies within 90 days to ensure it is appropriately monitoring for illicit activity

Rohner, 61, departs Credit Suisse as expected after reaching a 12-year term limit on the board

The total household wealth in India during this period, according to their estimates, rose 1.7 per cent to $246 billion

Our house remains neutral on equities as an asset class, but believes equities may remain well supported, as global bond market yields are unattractive, he said

Fears over the impact of oil extraction in the Amazon were heightened in April when a pipeline ruptured, depriving 27,000 indigenous people of their main water source

With this investment, Facebook will own 9.9 per cent stake in Jio Platforms. This would be Facebook's biggest minority shareholding ever

Credit Suisse's board also said Chairman Urs Rohner had backing to complete his term that runs until April 2021

Last Friday, the government had unveiled a mega plan to merge as many as 10 public sector banks into four to help create stronger global-sized banks

The report pointed out that RIL's free cashflow (FCF) has been in negative for six years

The bankers will start reaching out to prospective buyers for Emami Cement Ltd., seeking a valuation of about $1 billion

The brokerage likes select names in financials, chemicals, construction materials, and IT, but is cautious on consumer companies given the overly stretched valuations