[ad_1] Singapore: Singapore’s financial regulator will conduct an on-site inspection of Credit Suisse Group AG after at least one of its customers was charged for money laundering in a scandal…
Tag: CreditSuisse
Credit Suisse estimates Archegos fallout at $4.7 billion, overhauls executive board
[ad_1] (Reuters) -Credit Suisse Group on Tuesday announced an estimated charge of 4.4 billion Swiss francs ($4.7 billion) from its relationship with Archegos Capital Management LP, suspended a share buyback…
Short Position: Assuming responsibility, Enhancing competition
[ad_1] Assuming responsibility IT goes without saying that with the Credit Suisse saga, comes many an investor who has been burnt badly. Although there has not been an official figure,…
Credit Suisse needs to win back customers
[ad_1] NEW YORK: The US$54bil (RM242.2bil) lifeline won by Credit Suisse Group AG on Thursday gives it a fighting chance to rebuild its business. Some clients aren’t waiting around to…
Short Position: Mispriced IPOs, Survival of the fittest
[ad_1] Mispriced IPOs IT seems to be happening yet again. This week, the flotation of integrated circuits (IC) and turnkey solutions provider Oppstar Bhd on the ACE Market saw its…
Bank insider action tells us the battered financial sector is a buy: These 4 regional bank stocks are tempting those in the know.
[ad_1] Banking company insiders are sending stock investors a message now: Calm down and buy shares of regional banks, because they are not likely to lose all their business to…