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Suisse

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Turbulent times call for a bigger, better moat. These ‘resilient’ companies will help investors get there, says Credit Suisse

Investors who have been unsure about the Fed’s no-mercy inflation policy, have likely got the message now. And as markets adjust to the prospect of more hikes from a central bank that plans to “keep at it until it’s done,” with threats of an escalating war in Europe and energy crisis hovering in the background, the S&P 500 SPX, -1.71% may struggle to revisit the summer nadir. “Given today’s [Wednesday’s] […]

todaySeptember 22, 2022

News

Credit Suisse shares spike on reported State Street takeover interest

MILAN, June 8 (Reuters) - Shares in Credit Suisse (CSGN.S) turned sharply higher on Wednesday afternoon, with traders citing an Inside Paradeplatz report that U.S-based State Street (STT.N) is planning a takeover bid for the troubled lender, though some in the industry doubt the claim.Credit Suisse shares ended up 3.8% in Zurich after jumping following the report in the Swiss financial blog. From lows hit earlier in the day, the […]

todayJune 8, 2022 8

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