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Stock Market & Financial Investment News

News Breaks
July 31, 2014
05:32 EDTCSCredit Suisse says responding to inquiries on trading systems
Credit Suisse said in its Q2 earnings report that it is "responding to inquiries from various governmental and regulatory authorities concerning the operation of its alternative trading systems, and is cooperating with those requests." Credit Suisse added that it is also "among more than thirty defendants named in putative class action complaints filed in the US District Court for the Southern District of New York since April 2014, alleging violations of US securities laws related to high-frequency trading."
News For CS From The Last 14 Days
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September 3, 2015
09:11 EDTCSEurope has to wait at least five years before bank consolidation, Reuters says
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August 31, 2015
06:35 EDTCSCiti plans to rebuild equities franchise, Reuters reports
Citigroup (C) is planning to rebuild its equities franchise in an effort to capitalize on a retrenchment by rivals in the face of new rules created to make the financial system less risky, Reuters reports, citing people familiar with the bank's plans. It may be tough to overcome leaders such as Goldman Sachs (GS), Morgan Stanley (MS), and JPMorgan Chase (JPM), that have long dominated the sector, the report says. Citi is aiming to profit from a retreat of rivals slow to adapt new rules forcing banks to keep more capital, the report says. Deutsche Bank (DB), Credit Suisse (CS), and Barclays (BCS) are among others rebuilding their investment banking businesses, the report adds. Reference Link
06:10 EDTCSBanks lobby EU over privacy rules overhaul, FT reports
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August 27, 2015
06:23 EDTCSGoldman hiring 'several hundred' employees for Warsaw units, Reuters reports
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August 21, 2015
08:40 EDTCSCanadian Security Traders Association to hold a conference
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