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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 »
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 »
Three Former Credit Suisse Bankers Arrested for Involvement in Mozambique Debt DealsThree former Credit Suisse Group bankers were arrested Thursday in London in connection with a $2 billion fraud scheme, according to a statement by the U.S. Department of Justice. Well done 👍🏻 Daily business for this institution of banksters $xiv This is so typical.
Source: WSJ - 🏆 98. / 63 Read more »
US.. Seeks To Extradite 3 Ex-Credit Suisse Bankers For Fraud in MozambiqueThe three were at the center of a scheme that loaned $2 billion to Mozambique for sham tuna fishing and naval projects. What about the ones at Well Fargo? No punishment just delayed promotions and higher fees to customers to repay their fines.
Source: NPR - 🏆 96. / 63 Read more »
Credit Suisse Mozambique mess is shameful at bestThree of the Swiss lender’s former bankers have been arrested on charges of facilitating kickbacks on $2 bln of loans for the African country. Credit Suisse blames deceptive employees and says it has tightened controls. Even if the fallout ends there, it’s highly embarrassing.
Source: Breakingviews - 🏆 470. / 51 Read more »
U.S. Seeks To Extradite 3 Ex-Credit Suisse Bankers Accused Of Fraud in MozambiqueThree ex-Credit Suisse Group AG bankers were reportedly arrested in London and face possible extradition to the U.S. on charges related to bribing officials in Mozambique. Banking? Fraud Folks being bilked? Ross, Chao & Ackermann must be giving fraud lessons in their spare time. Someone call SenWarren so she can get a leg up on this. I will not hold my breath on them being held accountable to a punishment that fits the crime which is why it just happens over and over and over again. Good start
Source: NPR - 🏆 96. / 63 Read more »
Credit Suisse settles New York state RMBS lawsuitCredit Suisse has settled a 2012 New York state lawsuit alleging misconduct over...
Source: Reuters - 🏆 2. / 97 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 »