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Stock Market & Financial Investment News

News Breaks
January 18, 2013
06:10 EDTCSCredit Suisse names heads of Greater China region, WSJ reports
Credit Suisse (CS) has named Neil Harvey as CEO for Hong Kong, reports the Wall Street Journal. Harvey will be co-CEO of Greater China with Liping Zhang, who maintains his position as vice-chairman in the global investment-banking department. Reference Link
News For CS From The Last 14 Days
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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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