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Credit Suisse planning to double China headcount

CREDIT SUISSE Group AG plans to double its headcount in China over five years as the firm accelerates its pursuit of the nation’s wealthy, seeking to move past a scandal that’s engulfed once-favored client and Luckin Coffee Inc. founder Lu Zhengyao.

Internet analyst sees permanent tailwind from lengthy lockdowns

Internet companies are likely to be long-term winners from the pandemic as lockdown measures have now lasted long enough for changes in consumer behavior to become permanent, according to Credit Suisse.

US prosecutors believe Credit Suisse is culpable in Mozambique scandal

NEW YORK — US prosecutors are investigating Credit Suisse Group AG’s role in a $2-billion Mozambique corruption case and believe they have evidence of the Swiss lender’s culpability after three former bankers pleaded guilty last year, according to two sources familiar with the matter.

Thiam sees investment bank loss weighing on Credit Suisse results

TIDJANE THIAM’S final results as Chief Executive Officer of Credit Suisse Group AG validated his shift to wealth management while again demonstrating the volatility of the investment bank and trading businesses.

Credit Suisse cuts goals

CREDIT SUISSE Group AG cut its main profitability target for this year and next as trade tensions and negative interest rates cloud the outlook after a three-year restructuring.

Credit Suisse considers return to US private banking after exit

CREDIT SUISSE Group AG is considering a return to US wealth management after a four-year absence as Chief Executive Officer Tidjane Thiam seeks to boost growth in private banking.

Credit Suisse defies bank gloom with new money, trading gains

CREDIT SUISSE Group AG brushed off the gloom in European bank earnings as wealthy clients added new money and revenue from securities trading rose in a quarter in which peers posted declines.

Credit Suisse expects BSP to raise rates by 50 base points

Financial services firm Credit Suisse said the local central bank needs to hike its interest rates by 50 basis points (bp) to dampen inflation...

Get ready for annual US-China trade wars, Credit Suisse says

Same time next year? Anyone breathing a sigh of relief on Monday may have to get used to featuring China-U.S. trade wars in their...

Credit Suisse reaps wealth management rewards

TIDJANE THIAM is reaping the rewards of Credit Suisse Group AG’s pivot to wealth management after the bank attracted new assets at the fastest...

Family-run firms still dominate Philippine business

By Arra B. Francia, Reporter FAMILY-OWNED companies continued to dominate the Philippine business landscape, according to a report by Credit Suisse Research Institute that showed...

Credit Suisse applies for PHL representative office

BANKING GIANT Credit Suisse is looking to set up a representative office in the Philippines, with the proposal expected to be decided on by...