The cost of insuring exposure to Credit Suisse debt rose on Thursday after the Swiss lender reported its worst annual loss since the 2008 global financial crisis after rattled clients fled in droves.
The logo of Swiss bank Credit Suisse is seen at its headquarters in Zurich, Switzerland October 4, 2022. REUTERS/Arnd Wiegmann/File Photo
LONDON, Feb 9 - The cost of insuring exposure to Credit Suisse debt rose on Thursday after the Swiss lender reported itsFive-year credit default swaps rose 4 basis points from Wednesday's close to 295 bps, data from S&P Global Market Intelligence.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
USDINR: Further Rupee weakness, RBI's intervention level could shift higher to 84.00 – Credit SuisseRBI has managed USD/INR in an 81.00-83.00 range since Q4 2022. RBI intervention at 83.00 should limit further USD/INR upside in the short term. Howeve
Lire la suite »
EUR/SEK: Q1 target raised from 11.30 to 11.50 – Credit SuisseAhead of tomorrow’s Riksbank decision, economists at Credit Suisse raise their EUR/SEK Q1 target from 11.30 to 11.50 and would look to fade consolidat
Lire la suite »
Here are Credit Suisse's favorite stocks for FebruaryDespite the uncertain market backdrop, Credit Suisse highlighted several stocks it thinks can outperform going forward.
Lire la suite »
Credit Suisse posts massive annual loss as 'radical' restructure gets underwayCredit Suisse on Thursday reported a fourth-quarter net loss of 1.4 billion Swiss francs, as it carried out its strategic overhaul.
Lire la suite »
Credit Suisse 4Q Net Loss CHF1.39BBy Ed Frankl Credit Suisse Group AG notched up its fifth-straight quarterly loss in the last three months of 2022 after clients pulled billions in deposits...
Lire la suite »
Credit Suisse posts worst annual loss since global financial crisisCredit Suisse Group on Thursday reported its worst annual loss since the 2008 global financial crisis, battered by scandals and heavy losses that led to unprecedented customer withdrawals.
Lire la suite »