More More Credit Suisse Sells $3.75 Billion of Debt Amid Archegos Cleanup This content was published on Aug 2, 2021 Aug 2, 2021 (Bloomberg) -- Credit Suisse Group AG sold $3.75 billion of bonds as the bank recovers from losses stemming from the March collapse of Archegos...
More More Tech Giants’ Rise Requires New Financial Oversight, BIS Says This content was published on Aug 2, 2021 Aug 2, 2021 (Bloomberg) -- The world’s biggest tech firms need oversight from financial regulators to guard against their growing market power, possible...
More More European Stocks Rise to Record as Earnings, China Boost Mood This content was published on Aug 2, 2021 Aug 2, 2021 (Bloomberg) -- European equities closed at a record as August kicked off with positive earnings updates and easing concern about China’s regulatory...
More More What to Watch in Commodities: BP, Glencore, Food, Lithium, LNG This content was published on Aug 2, 2021 Aug 2, 2021 (Bloomberg) -- Commodities begin August near a decade-high, and there’ll be plenty this week to help investors judge what comes next. A sweep of...
More More Glencore Boosts Outlook for Another Bumper Trading Year This content was published on Jul 30, 2021 Jul 30, 2021 (Bloomberg) -- Glencore Plc is set to report another year of bumper profits from its trading business as the commodities giant cashes in on soaring...
More More Europe Rebounds With a Bang But Germany Disappoints: GDP Update This content was published on Jul 30, 2021 Jul 30, 2021 (Bloomberg) -- The euro-area economy rebounded sharply in the second quarter as businesses reopened following the lifting of lockdowns. Output in...
More More Credit Suisse Rethinks What Makes a Dream Client After Crises This content was published on Jul 29, 2021 Jul 29, 2021 (Bloomberg) -- As Credit Suisse Group AG reins in risk, it may be reconsidering what it’s looking for in an ideal client. The Swiss firm, which...
More More Credit Suisse Claws Back Pay as It Faults Staff for Archegos This content was published on Jul 29, 2021 Jul 29, 2021 (Bloomberg) -- Credit Suisse Group AG’s $5.5 billion of losses tied to Archegos Capital Management stemmed from years of mistakes and misjudgments...
More More Rising Costs Muddy Post-Lockdown Rebounds for Consumer Giants This content was published on Jul 29, 2021 Jul 29, 2021 (Bloomberg) -- The world’s biggest makers of coffee, beer, whiskey and yogurt all warned of higher costs, clouding their outlook even as sales...
More More Court Documents Reveal Ex-Glencore Trader’s Political Bribes in Nigeria This content was published on Jul 28, 2021 Jul 28, 2021 (Bloomberg) -- A former Glencore Plc trader who said he was part of a bribery scheme to win oil contracts from Nigeria transferred $300,000 of...
More More Credit Suisse’s Earnings Will Bring Plenty of Investor Queries This content was published on Jul 28, 2021 Jul 28, 2021 (Bloomberg) -- Credit Suisse Group AG investors are awaiting further fallout from a pair of scandals, the impact of dozens of senior exits, the...
More More Vaccinated U.S. Visitors to England Won’t Need to Quarantine This content was published on Jul 28, 2021 Jul 28, 2021 (Bloomberg) -- American and European Union travelers who have been fully vaccinated against coronavirus will no longer need to spend 10 days in...
More More Credit Suisse’s Archegos Inquiry Rips Bank’s Due Diligence This content was published on Jul 28, 2021 Jul 28, 2021 (Bloomberg) -- Credit Suisse Group AG failed to properly monitor tens of billions of dollars of exposure that piled up while handling trades for...
More More England to Relax Quarantine for Vaccinated U.S., EU Visitors This content was published on Jul 28, 2021 Jul 28, 2021 (Bloomberg) -- The U.K. government is set to allow visitors from the U.S. and the European Union to travel to England without needing to quarantine...
More More Partners Group to Buy HVAC Firm Reedy at $1 Billion Value This content was published on Jul 27, 2021 Jul 27, 2021 (Bloomberg) -- Partners Group Holding AG is acquiring commercial HVAC-services provider Reedy Industries from Audax Private Equity in a deal that...
More More Credit Suisse Hires Goldman Partner for Risk After Blowups This content was published on Jul 27, 2021 Jul 27, 2021 (Bloomberg) -- Credit Suisse Group AG hired David Wildermuth from Goldman Sachs Group Inc. to become chief risk officer as the Swiss bank shakes up...
More More ABB to Sell Dodge Business to RBC Bearings for $2.9 Billion This content was published on Jul 26, 2021 Jul 26, 2021 (Bloomberg) -- ABB Ltd. agreed to sell its mechanical power transmission business to RBC Bearings Inc. as Chief Executive Officer Bjoern Rosengren...
More More Libor’s Final Days Begin With Push to Shake Up Swaps Market This content was published on Jul 26, 2021 Jul 26, 2021 (Bloomberg) -- U.S. regulators are wagering a major shakeup of the multitrillion-dollar interest-rate swaps market is just what’s needed to wean...
More More Passports for Pubs, Mandatory Shots: Europe Ramps Up Covid Fight This content was published on Jul 26, 2021 Jul 26, 2021 (Bloomberg) -- Covid-19 vaccination rates are rising across Europe, restaurants and bars are reopening, people are traveling for work and leisure...
More More Credit Suisse Settles Spying Case With Ex-Wealth Chief Khan This content was published on Jul 26, 2021 Jul 26, 2021 (Bloomberg) -- Credit Suisse Group AG said it reached a settlement with its former wealth-management executive Iqbal Khan and a private detective...