The Latest Breaking News from Credit Suisse

A slump in client trading activity in Asia is threatening to slow a lucrative earner for the world’s biggest wealth managers.

The Worst of Both Worlds Earlier this week, TD Ameritrade's lead anchor, Oliver Renick, suggested that we were likely heading for a worst-case scenario: a recession with inflation still hot enough that the Fed would be compelled to continue to raise rates during it:

Upgrades

A whale with a lot of money to spend has taken a noticeably bearish stance on Exxon Mobil. Looking at options history for Exxon Mobil (NYSE:XOM) we detected 39 strange trades.

Credit Suisse analyst Dan Levy shared vital takeaways from May EV sales. Global EV penetration was 13% in May, up ~150bp M/M, above the YTD '22 pace and well ahead of the 2021 EV penetration rate.

A whale with a lot of money to spend has taken a noticeably bearish stance on Exxon Mobil. Looking at options history for Exxon Mobil (NYSE:XOM) we detected 15 strange trades.

Credit Suisse analyst Kevin Mcveigh maintained Paychex, Inc (NASDAQ:PAYX) with an Outperform and cut the price target from $165 to $140. While his view remains overly bullish, he recognizes that the -4% selloff in the PAYX stock was likely due to macroeconomic uncertainty impacting the relative market amid decelerating growth, mainly due to tougher comparisons.…

Someone with a lot of money to spend has taken a bullish stance on Exxon Mobil (NYSE:XOM). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

CNBC

Credit Suisse Group AG (NYSE: CS) will hold an Inv

it is feared the enormous fortune is hidden in a Credit Suisse bank account after a 500-page list was found in Argentina containing the names of Nazis and sympathisers