What worked well during the years-long bull market through 2021 — a focus on growth, regardless of price — has ground to a halt this year. The rebirth of the Read more
Tag: Investment Banking
Saudi crown prince set to invest in Credit Suisse’s new investment bank
Saudi Arabia’s crown prince and a U.S. private-equity firm run by Barclays PLC’s former chief executive are among investors preparing to invest $1 billion or more into Credit Suisse’s CSGN, +6.81% Read more
Inflation will drop ‘significantly’ next year, Goldman Sachs economists forecast
The Federal Reserve’s preferred measure of inflation will fall below 3% by the end of next year as supply constraints ease, the cost of housing falls and the labor market Read more
Morgan Stanley funds have billions riding on a bet against Goldman Sachs. It depends what happens on Thursday.
A long-running bet on the value of the Chinese yuan placed by several Morgan Stanley funds are close to reaching their strike price ahead of Thursday’s expiration. Several Morgan Stanley Read more
Opinion: Wall Street CEOs confirm their allegiance to Beijing
China has been in the news plenty this year. First there was the controversy surrounding Beijing’s hosting of the Winter Olympics. And then the United Nations issued a report confirming China’s “crimes against humanity.” Read more
Credit Suisse bringing back ‘First Boston’ name as it plans up to 9,000 job cuts
Credit Suisse is bringing back the “First Boston” name after 17 years as the Swiss bank unveiled a sweeping restructuring that includes a big investment from Saudi Arabia, the sale Read more
Credit Suisse bringing back ‘First Boston’ name as it plans up to 9,000 job cuts
Credit Suisse is bringing back the “First Boston” name after 17 years as the Swiss bank unveiled a sweeping restructuring that includes a big investment from Saudi Arabia, the sale Read more
Credit Suisse swings to $4.09 billion loss as revenue drops 30%
Credit Suisse Group AG on Thursday swung to a larger-than-expected third-quarter net loss, with the bank saying earnings were significantly affected by the continued challenging market and macroeconomic conditions, leading Read more
Credit Suisse swings to $4.09 billion loss as revenue drops 30%
Credit Suisse Group AG on Thursday swung to a larger-than-expected third-quarter net loss, with the bank saying earnings were significantly affected by the continued challenging market and macroeconomic conditions, leading Read more
Deutsche Bank beats forecasts, as higher rates help overcome headwinds
Deutsche Bank AG on Wednesday reported higher profit and revenue that beat expectations, overcoming a challenging investment-banking market to confirm its guidance for the year. The German lender’s DB, +2.54% Read more