Last Updated: Thursday, February 27, 2014, 10:40
The head of Credit Suisse expressed regret Wednesday that his bank helped US clients hide billions from the tax man, but blamed the wrongdoing on a small band of rogue employees.
Last Updated: Wednesday, February 26, 2014, 11:01
The report contains the results of a two-year Senate investigation and comes a day before the heavily-anticipated questioning of Credit Suisse chief Brady Dougan and other top bank officials before the panel.
Last Updated: Saturday, February 22, 2014, 02:27
Swiss banking giant Credit Suisse has admitted it violated US securities laws and will pay $196 million to settle the charges, the Securities and Exchange Commission said Friday.
Last Updated: Monday, February 10, 2014, 21:00
Around 26 percent of of respondents believe that their personal finances would improve over the next three months as compared to 28 percent a year ago.
Last Updated: Thursday, January 09, 2014, 21:19
Swiss banks look set for new job cuts this year, despite ever-rosier figures, amid rising regulatory pressure and a US clampdown on tax-dodgers, consultants EY said today.
Last Updated: Friday, January 03, 2014, 21:04
The market breadth also looks good with eight of the 11 sectors associated with either flat revisions or upgrades to the 2014 consensus EPS in December, the report said.
Last Updated: Friday, January 03, 2014, 10:50
Credit Suisse says "overweight" on India, noting return on equity in the country could be at an "inflection point" after three consecutive months of upgrades.
Last Updated: Saturday, November 23, 2013, 15:48
A former top Credit Suisse trader was sentenced to two and a half years of prison yesterday in New York for inflating sub-prime mortgage-related bond prices during the housing market collapse.
Last Updated: Wednesday, October 23, 2013, 12:18
Credit Suisse has downgraded Cairn India to "neutral" from "outperform" after saying its July-September profit-after-tax and revenue missed estimates.
Last Updated: Wednesday, October 09, 2013, 17:47
At present, the country has 1.82 lakh millionaires, Credit Suisse Research Institute said in its fourth Annual Global Wealth Report 2013 released here on Wednesday.
Last Updated: Wednesday, September 25, 2013, 11:23
The investment bank says current share price reflects export parity pricing implementation, which should provide a floor to valuations.
Last Updated: Tuesday, August 13, 2013, 15:42
The country's economic growth hit a decade low of 5 percent in the last fiscal on account of poor performance in the farm, manufacturing and mining sectors.
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