|Bid||0.00 x 27000|
|Ask||16.66 x 900|
|Day's Range||16.17 - 16.31|
|52 Week Range||13.28 - 19.98|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.26 (1.51%)|
|1y Target Est||21.41|
Barclays Plc ( BCS) is weighing up a potential merger with one if its rivals, the Financial Times reported on Wednesday. Two people familiar with the situation told FT that Barclays’ chairman John McFarlane and deputy chairman Gerry Grimstone are theoretically keen on combining with Standard Chartered Plc. The British bank’s directors are also believed to be open to the idea of merging with Deutsche Bank AG ( DB), Credit Suisse Group AG ( CS) and DBS Group Holdings Ltd. One of the sources added that Barclays has already held private discussions with directors at each of the banks about the potential benefits of joining forces, but has yet to make a formal or informal bid approach.
UBS Group AG’s recently merged wealth-management business is the best-positioned globally, according to JPMorgan Chase & Co. Switzerland’s largest bank is JPMorgan’s top pick in the wealth-management sector over local rivals Credit Suisse Group AG and Julius Baer Ltd. thanks to its scale in Asia’s booming wealth market, analysts led by Kian Abouhossein wrote in a note to clients. "We change our pecking order with UBS now our preferred play, as we see better risk reward with a strong wealth management franchise in the medium term, with higher mandate penetration, higher share of ultra-high-net-worth clients and an equity-geared investment bank," the analysts said.
Carlyle Group LP has hired Robby Winarta, Credit Suisse Group AG’s Indonesia investment-banking head, people with knowledge of the matter said. Winarta has resigned from Credit Suisse and plans to join the private equity firm soon, one of the people said, asking not to be identified because the information is private. Credit Suisse was the top adviser on mergers and acquisitions involving Indonesian companies over the past five years, with a 14 percent market share, according to data compiled by Bloomberg.
Credit Suisse Group AG is seeking to grow its market share for a type of derivative that’s gaining favor among investors as a way to wager on corporate debt. The Swiss bank is ramping up its market-making operations for so-called total-return swaps tied to U.S. bond and loan indexes, according to people familiar with the matter. The lender hired Guillaume Sivadier from JPMorgan Chase & Co. earlier this year to oversee the effort, said the people, who asked not to be identified because they’re not authorized to speak about it.
On May 14, Teva (TEVA) stock increased ~5.5% on the news of the expected delay in the FDA approval for rival Perrigo’s (PRGO) generic version of Teva’s asthma inhaler ProAir. On May 14, Teva stock closed at a trading price of $20.38 per share.
The world’s second largest producer of bitcoin mining hardware could soon become the first cryptocurrency company to hit the public markets in Hong Kong. China’s Canaan Inc. applied Tuesday to trade on ...
Israel-based healthcare fund aMoon II has secured a $250 million (185 million pounds) investment commitment from Credit Suisse (CSGN.S), the fund’s managing partner Yair Schindel said on Wednesday. Last month the fund, which is investing in mid- to late-stage companies with a focus on fields like digital health, medical technology and biopharma in Israel, the United States and Europe, said it had raised $200 million from private investors. The Credit Suisse financing from its asset management and private banking divisions brings the fund close to meeting its target of $500 million.
Israel-based healthcare fund aMoon II has secured a $250 million investment commitment from Credit Suisse, the fund’s managing partner Yair Schindel said on Wednesday. Last month the fund, which is investing in mid- to late-stage companies with a focus on fields like digital health, medical technology and biopharma in Israel, the United States and Europe, said it had raised $200 million from private investors. The Credit Suisse financing from its asset management and private banking divisions brings the fund close to meeting its target of $500 million.
If HSBC Holdings Plc, UBS Group AG and Wells Fargo & Co. were concerned that the Trump administration might continue the big-ticket bank penalties of the Obama era, there are mounting signs that they need not be. Royal Bank of Scotland Group Plc says it has reached a tentative deal with the Justice Department to pay $4.9 billion to resolve an investigation into its sale of toxic mortgage-backed securities a decade ago. The Justice Department, without citing a figure, confirmed a pact was near.
The Bloomberg Commodity Index Total Return performance was higher for the month, with 15 out of 22 Index constituents posting gains. Kansas City Wheat and Chicago Wheat both increased after the USDA revealed worse-than-expected US wheat conditions due to dry and freezing conditions this past winter. Nelson Louie, Global Head of Commodities for Credit Suisse Asset Management, said: "Over a month after the US first announced plans for tariffs, details remain unclear.
Urban Outfitters, Credit Suisse, KLA-Tencor, Harsco and Grupo Simec as Zacks Bull and Bear of the Day
NEW YORK , May 3, 2018 /PRNewswire/ -- On May 1, 2018 , Credit Suisse declared coupon payments for the following ETNs: ETN Ticker ETN Name Closing Indicative Value on 4/30/18 Ex-Date Record Date Payment ...
In 2018, the number of analysts tracking Air Products and Chemicals (APD) increased from 20 to 21, of which 76% have recommended “buy” and 24% have recommended “hold.” There have been no “sell” recommendations.
BlueVine said it will now raise the business line of credit it offers from its previous limit of $100,000 to a new limit of $250,000. It doubled the limit on its invoice factoring credit earlier this year to $5 million.
NEW YORK, NY / ACCESSWIRE / April 27, 2018 / Pomerantz LLP is investigating claims on behalf of investors of Credit Suisse Group A.G. ("Credit Suisse" or the "Company") (NYSE: CS). ...
May.10 -- Sean Darby, chief global equity strategist at Jefferies & Co., Michael Cloherty, head of U.S. rates strategy at RBC Capital Markets, and Mandy Xu, chief equity derivatives strategist at Credit Suisse Group, discuss the impact of rising Treasury rates on equity markets with Bloomberg's Jonathan Ferro on "Bloomberg Markets: The Open."
May.10 -- Robert Santangelo, head of Americas ECM origination at Credit Suisse Securities, discusses the IPO environment and reaction from markets. He speaks with Alix Steel and David Westin on "Bloomberg Daybreak: Americas."
May.10 -- James Sweeney, Credit Suisse chief economist and chief investment officer Americas, discusses inflation and Federal Reserve rate hikes on "Bloomberg Surveillance."
May.04 -- Shahab Jalinoos, head of FX strategy at Credit Suisse Securities, and Bloomberg's Marty Schenker, discuss factors impacting currencies and monetary policy from the Bank of England. They speak with Francine Lacqua and Tom Keene on "Bloomberg Surveillance."
May.04 -- Shahab Jalinoos, head of FX strategy at Credit Suisse Securities, and Bloomberg's Marty Schenker, discuss U.S.-China trade talks and their impact on currencies. They speak with Francine Lacqua on "Bloomberg Surveillance."
May.03 -- Mark Connors, global head of risk advisory at Credit Suisse Securities, and Bloomberg Intelligence's Gina Martin Adams preview the trade talks between the U.S. and China with Bloomberg's Jonathan Ferro on "Bloomberg Markets: The Open."
May.03 -- Maggie Gage, head of Washington research at Credit Suisse Securities, discusses U.S.-China negotiations on trade. She speaks with David Westin on "Bloomberg Daybreak: Americas."
Apr.27 -- Credit Suisse Chief U.S. Equity Strategist Jonathan Golub discusses positive first-quarter earnings across the market and the outlook for future earnings. He speaks on "Bloomberg Surveillance."