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The Latest Breaking News from Credit Suisse

Credit Suisse to cut 9,000 jobs and seek billions in new investment

Shake-up aims to draw line under series of scandals and new £3.5bn loss at Swiss bank

The Guardian - UK

Credit Suisse Launches Radical Overhaul to Stabilize Bank

Credit Suisse announced a radical series of measures Thursday aimed at turning around the beleaguered bank following huge third quarter losses, including revamping its investment banking unit, 9,000 job layoffs and raising fresh capital. Switzerland's second-biggest bank launched a strategic review aimed at putting an end to a series of…

Asharq Al-Awsat

Credit Suisse unveils 'radical' strategy as 3Q loss hits $4B

Swiss bank Credit Suisse has unveiled a “radical strategy” meant to overcome recent troubles that have dented its reputation

The Independent UK

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Alphabet To $145? These Analysts Cut Price Targets On Alphabet After Downbeat Q3 Results

Alphabet Inc. (NASDAQ: GOOGL) reported weaker-than-expected earnings results for its third quarter after the closing bell on Tuesday.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For October 25, 2022

Upgrades

Benzinga

Apple, Amazon And Other Big Tech Stocks From Benzinga's Most Accurate Analysts

Big tech stocks, including, Apple Inc. (NASDAQ: AAPL), Amazon.com, Inc. (NASDAQ: AMZN), Microsoft Corporation (NASDAQ: MSFT) an

Benzinga

Struggling Credit Suisse Gets Another Chance

The Swiss bank on Oct. 27 is expected to present its plan to restructure and put its scandals behind it.

The Street

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Credit Suisse to pay $234M to settle French tax fraud case

French prosecutors say Credit Suisse has agreed to pay 238 million euros to settle tax fraud allegations

The Independent UK

Snap Reports Q3 Results Today: What To Expect And Should Meta, Twitter, Google And Pinterest Shareholders Care?

Snapchat parent Snap Inc. (NASDAQ: SNAP) is scheduled to report third-quarter earnings on Thursday after the market closes.

Benzinga

Netflix Investors Hit The Buy Button After Q3 Earnings, But Analysts Are Cautious On Ad-Supported Plan: Here's Why

Shares of Netflix Inc (NASDAQ: NFLX) rose sharply Tuesday after the market close after the streaming giant reported third-quarter financials

Benzinga

Credit Suisse looks to Mideast for capital boost

Abu Dhabi and Saudi Arabia are weighing whether to put money into its investment bank and other businesses.

Al Jazeera

Netflix Q3 Earnings Preview — Analysts Pinpoint Key Metrics For Investors To Watch

Netflix Inc (NASDAQ: NFLX) reports earnings on Oct. 18 after the market close. Analysts at KeyBanc Capital Markets, and Credit Suisse offered some insight on what investors should be looking for ahead of the streaming service’s earnings.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For October 17, 2022

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Benzinga

Credit Suisse pays $495M tied to mortgage-backed securities

Credit Suisse has agreed to pay $495 million as part of a settlement with the U.S. over a yearslong dispute tied to mortgage-backed securities, an investment vehicle that played a central role in the 2008 financial crisis

The Independent UK

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Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For October 14, 2022

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Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For October 12, 2022

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The Street

Stock Market Today: Stocks Fall As October Rally Faces Inflation Test; Fed Minutes Clarify Rate Path

With inflation and earnings data looming, stocks end lower Wednesday as bulls look some good news.

The Street

Stocks Higher, Bank of England, Intel, Credit Suisse, PepsiCo - Five Things To Know

Stock futures higher as earnings, inflation data loom; Bank of England re-states Friday bond buying deadline; Intel shares higher on report of big job cuts; Credit Suisse extends slump on report of new DoJ probe and PepsiCo tops earnings forecast on Frito-Lay strength

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Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For October 11, 2022

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The Guardian - UK

The billion-pound battle over Claridge’s hotel from Belfast to Qatar

Credit Suisse set to become latest entity dragged into dispute between former friends

The Street

Credit Suisse CEO Tries to Shield Employees from the Storm

The Swiss bank is under pressure after numerous scandals have cost it several billion dollars.

Asharq Al-Awsat

'Transformation' Beckons for Embattled Credit Suisse

Battered by a series of scandals, rumors of financial trouble and plunging shares, Credit Suisse is preparing "transformation plans" to restore confidence in the Swiss banking giant. Ulrich Koerner, who took over as chief executive in August, is due to present the strategic review on October 27, AFP said. With…

The Street

Stock Market Today: Futures Down After Release of Key Jobs Data

Stock futures are down after the release of key jobs data as the slump that has plagued Wall Street goes into its third day.

The Street

Stock Market Today: Futures Waver Ahead of Key Jobs Data

Stock futures mixed ahead of key jobs data that investors hope will provide more clues on whether the Fed will continue its inflation-fighting rate-hike campaign.

The Street

Stock Market Today: Stocks End Sharply Lower After Key Jobs Data Release

Stocks tumbled after the release of key jobs data as the slump that has plagued Wall Street goes into its third day.

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