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Stock Market & Financial Investment News

News Breaks
November 16, 2012
13:22 EDTCSCredit Suisse reaches $120M settlement with SEC over RMBS offerings
News For CS From The Last 14 Days
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July 6, 2015
05:51 EDTCSPhilip Morris to cut stake in Indonesian unit, may raise over $1B, Reuters says
Philip Morris (PM) plans to sell a stake worth at least $1B in its Indonesian unit to comply with free-float rules, reports Reuters. According to two people familiar with the matter, the company short-listed Goldman Sachs (GS), Credit Suisse (CS), JPMorgan (JPM), Citigroup (C) and Mandiri Sekuritas to sell down its holding by at least 5.68%. Reference Link
July 5, 2015
19:15 EDTCSCredit Suisse CEO sees strong focus on Asia, Reuters says
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19:05 EDTCSUBS said to be whistleblower in Brazil investigation, Reuters reports
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18:19 EDTCSCredit Suisse CEO says quick fix expectations have 'run away,' WSJ reports
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15:27 EDTCSBlackstone appoints Liping Zhang as chairman for greater China
Blackstone (BX) announced that it has named Liping Zhang as a senior managing director and chairman for greater China. Based in Hong Kong, Zhang will advise the firm's management and regional business units as Blackstone "continues to expand its presence in the region." He joins from Credit Suisse (CS) where he most recently served as co-CEO of greater China and vice chairman of global investment banking. Zhang's appointment "underscores the strategic importance of greater China to Blackstone," said Stephen Schwarzman, chairman, CEO and co-founder of Blackstone.
July 2, 2015
12:22 EDTCSBrazil investigates banks for exchange rate manipulation
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July 1, 2015
10:00 EDTCSOn The Fly: Analyst Upgrade Summary
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05:35 EDTCSCredit Suisse upgraded to Overweight from Equal Weight at Morgan Stanley
Morgan Stanley upgraded Credit Suisse to Overweight on expectations cost of capital and execution should improve under new CEO Tidjane Thiam. The firm raised its price target for shares to CHF31 from CHF29.
June 29, 2015
06:47 EDTCSCredit Suisse, ING aiming to move some activities out of London, FT says
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June 28, 2015
17:05 EDTCSBank regulator probes 'Isdafix' benchmark manipulation, FT says
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