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Dan Fineman of Credit Suisse says the Thai market has historically underperformed ahead of elections but outperformed after elections.
The Credit Derivatives Determinations Committee (DC) accepted on Friday to look into a question on whether a "governmental intervention credit event" occurred with respect to Credit Suisse.
Collapsed Swiss bank Credit Suisse Group AG (NYSE:CS) is no longer seeing outflows, Sergio Ermotti, the chief executive officer at its new owner  UBS Group AG (NYSE:UBS), has confirmed. The newly ap
UBS Chief Executive Sergio Ermotti said on Friday that the situation at Credit Suisse has stabilized and he did not think outflows at the embattled bank were continuing.
UBS Group AG has prioritised integrating Credit Suisse's investment bank and accelerating cost-cutting, the Financial Times reported on Friday, citing people involved in the planning.
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Friday's bullish session on Wall Street seems to have gone nowhere, save for the Nasdaq Composite COMP wriggling its way out of a bear market.
UBS Group said on Tuesday that Credit Suisse CEO Ulrich Körner will stay on after the takeover of its Swiss rival as part of a new leadership team of the combined group.
The Swiss banking giant said it is evaluating all options for Credit Suisse's Swiss business, which some politicians in the country want to be spun off into a separate unit or divested.
UBS Group on Tuesday outlined its new operating model and leadership team as it said that it anticipates its acquisition of Credit Suisse Group will close in the next few weeks.
UBS on Tuesday announced that Credit Suisse CEO Ulrich Koerner will join the executive board of the new joint entity once its emergency purchase of the stricken bank completes.
UBS Group said on Tuesday Credit Suisse CEO Ulrich Koerner will join the executive board of the combined bank once it closes its takeover of its Swiss rival while Todd Tuckner will replace Sarah Young
Selina Sia of Credit Suisse Wealth Management says domestic consumption could replace exports as the "key driving force" of China's gross domestic product for the rest of the year.
The Hungarian-born economist became a financial-world rock star for his analysis of mysterious market dynamics and behind-the-scenes accounts of money flows.
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