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Stock Market & Financial Investment News

News Breaks
April 15, 2012
10:43 EDTCSCredit Suisse may cut 5K from IB division, Reuters says
Credit Suisse (CS) could announce plans to cut 5,000 jobs from its investment banking, IB, business as the bank is ""simply completely oversized", reports Reuters citing the Sonntag newspaper. Reference Link
News For CS From The Last 14 Days
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September 2, 2014
12:22 EDTCSCredit Suisse initiates probe into alleged trader misconduct, WSJ says
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August 28, 2014
06:35 EDTCSEuro zone credit crunch showing signs of improving, Reuters says
Loans to the private sector by euro zone banks dropped 1.6% in July versus the same period a year earlier, compared with a year-over-year decline of 1.8% in June, according to Reuters. Meanwhile, the bloc's M3 money supply increased at a 1.8% annual rate in July, versus 1.6% in June, the news service added. The upturn in the data comes after the European Central Bank started charging banks in June to keep their deposits overnight, Reuters added. Publicly traded euro zone banks include Banco Santander (SAN), Barclays (BCS), Credit Suisse (CS), Deutsche Bank (DB), HSBC (HSBC), ING Groep (ING), Lloyds Banking (LYG), Royal Bank of Scotland (RBS) and UBS (UBS). Reference Link

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