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CREDIT SUISSE ROUT
75% loss in 8 days! Credit Suisse stock rout more severe than Adani crisisOn the other hand, since the release of the Hindenburg report on January 25 Adani Group stocks have lost around 52% of their combined marke...
Gold prices drop 1% after Credit Suisse-UBS deal spurs risk-on moodA rally in bullion prices sparked by the global banking rout forced Indian dealers to offer steeper discounts on physical gold to lure reta...
UBS seeks Swiss backstop in any Credit Suisse dealThe largest Swiss bank is exploring an acquisition of all or parts of its smaller rival at the urging of regulators to halt a crisis of con...
European stocks rebound as Credit Suisse grabs lifeline, ECB meetsThe ECB call is the first by a major central bank since markets were rocked by banking crisis fears, testing the eurozone institution's res...
Credit Suisse owns over Rs 20,000 crore assets in India. Should you be worried?Foreign banks have a relatively smaller presence in India with a 6% share in total assets, 4% in loans and 5% in deposits. They are more ac...
Fear over bank turmoil sparks flight to safe haven currenciesCredit Suisse, which is battling to recover from a string of scandals that have undermined the confidence of investors and clients, was the...
Mutual funds retain exposure to NBFC debt despite turmoilThe spectre of asset-liability mismatch in several NBFC three months ago has prompted MFs to realign their debt exposure by giving preferen...
View: Govt must get down to the real work of repairing a distressed financial systemIL&FS' total debt is Rs 91,000 crore, of which Rs 57,000 crore is borrowed from banks.
MiG and other firms paid millions to CBI, ED suspect Sudhir Choudhrie’s son, cousinIn the AugustaWestland corruption case, payment to middlemen were described as offset payments, according to the judgment of an Italian cou...
India taking route of yield cos with simpler structures: Sumit Jalan, Credit SuisseThe baton needs to be passed to low risk, low return capital providers for more development to take place.
Investors turn to safe haven assets like sovereign bonds & gold amid global concernsAmid concerns over slowing China and soft oil prices, investors across markets are buying safe haven assets like sovereign bonds and gold.
What's happening in the oil market right now is 'unprecedented'In a note to clients this week, analysts at Goldman Sachs took a look at the market and the supply glut that has been blamed for the collap...
Reliance Jio Infocomm intra-city fibre network may now be largest: Credit SuisseCredit Suisse said it expects that RJio is could be soon among largest data centres companies in India has it has already build about 5 fac...
Credit Suisse, HSBC to manage NHPC share saleThe government plans to sell 11.36 per cent of its stake in NHPC, or 120 crore shares, through an Offer for Sale (OFS) in the domestic mark...
- Foreign fund houses sell Yes Bank shares worth Rs 429 crore
Foreign fund houses -- CLSA (Mauritius) and Credit Suisse (Singapore)-- today sold Yes Bank shares worth Rs 429 crore through the open mark...
- HSBC’s Swiss unit, Credit Suisse, Julius Baer seek leniency for helping US clients evade taxes
The data handover is illegal, said Alec Reymond, a former president of the Geneva Bar Association, who is representing two Credit Suisse st...
- Sharekhan promoters may sell 51% stake
Promoters of retail broking outfit Sharekhan are looking to dilute a majority stake to a strategic investor. Industry experts say the compa...