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Swiss competition watchdog investigates UBS, Credit Suisse for mobile pay agreementsSwitzerland has launched an investigation into a number of its financial companies, including big banks like Credit Suisse and UBS.
Source: CNBC - 🏆 12. / 72 Read more »
Credit Suisse third-quarter profit jumps 74 percent but misses forecast on emerging market volatilityNet income stood at 424 million Swiss francs, a 74 percent increase from a year ago. However, the numbers missed analysts' forecast of 449 million Swiss francs, according to data from Reuters.
Source: CNBC - 🏆 12. / 72 Read more »
Credit Suisse Shares Slide After Results Miss MarkCredit Suisse said its profit and revenue fell short of expectations last quarter, sending its shares sharply lower and highlighting the challenges the Swiss lender faces as it completes a three-year restructuring process.
Source: WSJ - 🏆 98. / 63 Read more »
Chevron shares jump, extending gains on Credit Suisse upgrade after strong earningsShares of Chevron are posting a second day of big gains, bolstered by an upgrade at Credit Suisse and strong quarterly earnings and guidance. Explain this to me, please. Chevron gas stations in Orlando are open, deserted and selling gas products which are 30 to 40 cents higher than the gas station (busy, swamped, people everywhere gas station) right across the street? To the unwashed, it appears they are losing $$$
Source: CNBC - 🏆 12. / 72 Read more »
Credit Suisse reportedly advises ultra-wealthy clients to consider shifting assets out of the UKWealth managers at Swiss bank Credit Suisse have advised their high-net worth clients to think about moving assets out of the U.K. due to the uncertainty surrounding Brexit, according to a report from the Financial Times.
Source: CNBC - 🏆 12. / 72 Read more »
Sell-off forces Credit Suisse to slash 2019 S&P 500 target before year has even begunThe bank slashed its estimate for the S&P 500 in 2019, but still sees gains over this year Full scale collpase of everything. TheBigShort x 10 BTC 100% Equity , Zero Debt, no leverage, no derivative, no shenanigans
Source: CNBC - 🏆 12. / 72 Read more »
Ditch cyclical for tech, health-care stocks going into 'weaker' 2019: Credit SuisseThe stock market is headed higher but investors should make some changes in their portfolios to accommodate shifts in the landscape, says Credit Suisse's Jonathan Golub. Pardon my ignorance but if we're going into a downward cycle then why would tech or healthcare do well? They're two expensive products, and one would imagine people would have a harder time making big purchases during a recession.
Source: CNBC - 🏆 12. / 72 Read more »
Credit Suisse sees investment opportunities in China, Singapore and IndonesiaSuresh Tantia, an investment strategist at Credit Suisse, says 'prices have moved far ahead of fundamentals' in the Asian markets.
Source: CNBC - 🏆 12. / 72 Read more »
Credit Suisse chairman says on track to boost equity return: mediaCost cuts and closing a unit where Credit Suisse had parked underperforming asse... Wait we were just told we are going to be in a recession...
Source: Reuters - 🏆 2. / 97 Read more »