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CITIGROUP AND CREDIT SUISSE
Credit Suisse puts up China brokerage venture for saleUBS already has a majority-owned securities brokerage business in China. According to Chinese securities regulations, one entity cannot hol...
Credit Suisse veteran Neelkanth Mishra poised to exit for Axis BankA veteran of two decades at the Swiss bank, Mishra has agreed to helm Axis Bank’s research department, the people said, asking not to be na...
Hot Stocks: Global brokerage view on Bharti Airtel, PB Fintech and ZomatoCitigroup maintained a buy rating on Bharti Airtel with a target price of Rs 940. The global investment bank forecasts a 15% consolidated E...
Hot Stocks: Brokerages on L&T, Bharti Airtel, Tata Steel, and Aditya Birla Capital post Q2 resultsCLSA downgraded Tata Steel to sell with a target price of Rs 90 as Q2 results were below estimates.
Credit Suisse, Citi cut 2022 year-end target for S&P 500"We expect a reversal of spreads and volatility, leading to 1-2x multiple points of rerating through year-end. By contrast, 2023 returns sh...
Hot Stocks: Global brokerages on Star Health, Bajaj Finance and ICICI LombardThe global investment bank believes that the current valuations are at 7.2x FY24E P/B, 46.4x P/E. The valuations do not fully price in head...
Barclays poaches Citigroup's Gautam Chawla in latest insurance investment banker moveFor Chawla, who starts his new role at the end of July, the move marks the end of a long career at Citi, where his most recent job titles w...
Axis Bank picks banks for $1.3 billion share saleAxis has picked banks like Citigroup Inc. and JP Morgan Chase & Co. to arrange a planned share sale
A banker's woe: Chinese wealth may get harder to snag for global bankersThe banker, a Singapore-based member of UBS wealth management business, was prevented from leaving Beijing and asked to meet local official...
Citigroup, UBS among global banks most exposed to Saudi rich under lensThe kingdom was the 16th most populous country for high-networth individuals last year with 176,000, according to Capgemini’s 2017 World We...
Time to sell? Top 5 stocks which global brokerage firms downgraded this weekBrokerage firms such as Citigroup and CLSA in separate notes downgraded Nestle, Bajaj Finance, Wipro, LIC Housing Finance and Idea Cellular...
HCL Technologies plans to sell shares in the US this yearThe company, which has a market value of $17 billion, is working with Citigroup Inc and Credit Suisse Group to arrange the offering.
Credit Suisse AG says not subject to Swiss competition foreign exchange probeCredit Suisse said it is "astonished" to be drawn into a Swiss competition probe investigating potential collusion to manipulate foreign ex...
Infosys: Stock’s first tryst with Rs 2,500 post Q4 numbersInfosys Technologies traded above Rs 2,500 on Monday for the first time since it announced its quarterly results on April 12.
- Citigroup to pay $285 mn to settle SEC charges
Global financial major Citigroup has agreed to pay $ 285 million to settle charges levelled by the Securities and Exchange Commission.
- Credit Suisse sacks 16 bankers in India wealth unit; country head Puneet Matta quits
Sacked executives include senior client relationship managers who were responsible for providing investment advice to some of the richest I...
- What FIIs & brokerages are saying about select stocks
- Tata Motors hikes QIP to $750 mn
Tata Motors increased the size of QIP to $750 million from $525 million, following the good response to the offer, Tata Motors said in a fi...
HSBC to cut 500 jobs, Credit Suisse to lay off 650: ReportThe banking sector continues to be hit by mass layoffs with financial service major Credit Suisse and HSBC announcing additional 1,150 job ...
- Lone Star taps Credit Suisse to handle KEB
US private equity firm Lone Star has replaced Citigroup with Credit Suisse as its adviser on the sale of its Korea Exchange Bank stake.