Markets climb after Credit Suisse shored-up by Swiss central bank
Shares in Credit Suisse surge back up
Shares in Credit Suisse surge back up
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Past two decades have seen the Swiss banking giant fined in the US, UK, Europe and Asia
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‘Serious lessons will be learned,’ says CEO Thomas Gottstein
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Richard Warne had been head of discretionary portfolio management for London and the Channel Islands
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Seven years after selling ETF business to Blackrock asset manager converts trio of index funds
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Duncan Walker hired for his ‘proven ability to maximise growth’
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Analyst note predicts the worst is yet to come for D2C platform
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Wealthy clients were reportedly advised to ‘accelerate’ plans to shift investments
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To navigate the hazards of the bond markets, one fund manager looks to US and emerging market debt for value while a fund selector finds opportunity in alternative fixed income.
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Credit Suisse has reported its adjusted pre-tax profits were up 36% at CHF1.2bn for the first quarter, thanks to inflows into its wealth management division.
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Fidelity International has appointed Michael Gibb to the newly-created role of head of stewardship and sustainable investing.
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The US Department of Justice is suing the British bank and two of its executives for deliberately selling “defective and misrepresented” mortgage loans during the peak of the housing bubble.
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