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Stock Market & Financial Investment News

News Breaks
May 21, 2014
06:20 EDTCSCredit Suisse CEO almost lost job during probe, WSJ reports
Credit Suisse board members mulled actions that likely would have cost CEO Brady Dougan his job as a years-long U.S. tax probe dragged on, sources tell the Wall Street Journal. The sources add that officials at the bank considered asking the Swiss government to implement a law enabling the lender to "sidestep bank-secrecy rules and hand over the names of American clients to U.S. authorities," and that Dougan would have to resign to appease politicians. Reference Link
News For CS From The Last 14 Days
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April 21, 2015
05:45 EDTCSCredit Suisse sees momentum to carry over from Q1 into Q2
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05:45 EDTCSCredit Suisse reports Q1 net income CHF 1.05B vs. CHF 859M
Reports Q1 core pre-tax income of CHF 1.54B. Reports Q1 revenue CHF 6.67B vs. CHF 6.47B last year. Reports look-through CET1 ratio of 10% as of the end of Q1.
April 15, 2015
10:19 EDTCSOptions with decreasing implied volatility
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06:41 EDTCSECB authorizes new emergency funding for Greek banks, Reuters reports
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