Lawsuit accuses 22 banks of manipulating US Treasury auctions

Last Updated: Friday, July 24, 2015, 09:14

Primary dealers are the banks authorized to transact directly with the Federal Reserve who are big players in Treasury bond auctions and act as market makers in the secondary market.

New Credit Suisse CEO promises 'ruthlessly selective' review: Report

Last Updated: Saturday, July 4, 2015, 09:11

Newly appointed Credit Suisse AG Chief Executive Tidjane Thiam, in an interview with the Financial Times, promised a "ruthlessly selective" review of the Swiss bank`s businesses, amid expectations that the incoming CEO would cut staff by about 15 percent from its investment banking arm.

RJio expected to launch services by mid-July: Credit Suisse

Last Updated: Wednesday, May 20, 2015, 17:24

Reliance Jio Infocomm (RJio) is expected to launch services by mid-July and it will have quite a significant impact on the telecom industry, says a report.

New Credit Suisse boss faces stiff challenge in Asia

Last Updated: Thursday, March 12, 2015, 11:42

Incoming Credit Suisse boss Tidjane Thiam is expected to focus on private banking in Asia while aggressively cutting jobs at its investment bank, as he aims to repeat the success in the region of his old employer, Prudential.

Credit Suisse's new boss Thiam could axe 2,900 jobs

Last Updated: Wednesday, March 11, 2015, 18:46

Credit Suisse`s next chief executive, Tidjane Thiam, could cut almost 3,000 jobs from its investment bank, or 15 percent of staff, as part of a shift of capital away from trading desks to private banking in Asia, analysts said.

New Credit Suisse CEO dismisses lack of investment bank experience

Last Updated: Wednesday, March 11, 2015, 00:58

Credit Suisse`s incoming chief executive, Tidjane Thiam, brushed aside criticism that his track record in investment banking may not be strong enough to lead a company where investment banking ties up most of the bank`s capital.

Credit Suisse poaches Prudential's Thiam for top post

Last Updated: Tuesday, March 10, 2015, 23:03

Credit Suisse has swooped on Prudential boss Tidjane Thiam to lead the Swiss bank in a push to manage more of the wealth of Asia`s fast growing multi-millionaires` club.

Credit Suisse to replace long-standing CEO Dougan

Last Updated: Tuesday, March 10, 2015, 09:38

Long-standing Credit Suisse boss Brady Dougan is set to quit as chief executive of the Swiss bank as soon as Tuesday and will be replaced by Prudential head Tidjane Thiam, people familiar with the moves told Reuters.

Credit Suisse to replace CEO Dougan with Prudential's Thiam: Report

Last Updated: Tuesday, March 10, 2015, 06:23

Brady Dougan is set to quit as chief executive of Credit Suisse , a person familiar with the matter told Reuters. He will be replaced by Tidjane Thiam, who heads insurance group Prudential , the Financial Times reported.

Budget 2015: Credit Suisse sees FM boosting capex, raising I-T slab

Last Updated: Thursday, February 26, 2015, 21:34

Swiss brokerage firm Credit Suisse is expecting a growth-boosting budget on Saturday with increase in public spending and in the personal income tax exemption limits.

Credit Suisse board takes 25 pct pay cut after U.S. tax fine

Last Updated: Thursday, February 12, 2015, 17:18

Board members of Credit Suisse are taking a 25 percent pay cut and bonuses for top staff are being slashed after a hefty fine from U.S. authorities, the bank said as it also set out a range of measures to tackle the surge in the Swiss franc.

Credit Suisse 2014 profit beats expectations

Last Updated: Thursday, February 12, 2015, 16:59

Swiss banking giant Credit Suisse on Thursday posted a better-than-expected profit for 2014 but also announced cost-savings measures to compensate for the surge in the Swiss franc