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Analysis: Cracks appear in Credit Suisse comeback plans

After months of reflecting, Credit Suisse's chairman Axel Lehmann revealed an overhaul "to rebuild Credit Suisse as a strong ...…

3 years ago

Goldman plans major overhaul to combine key units – source

Goldman Sachs is planning a major reorganization to combine its biggest businesses into three divisions with its storied investment banking and…

3 years ago

Analysis: British banks’ mortgage payday comes with sting in the tail

While British households head into a winter of soaring energy costs, a tumbling currency and nearly double-digit inflation, the country's…

3 years ago

Credit Suisse pays down debt to calm investors

Credit Suisse will buy back up to 3 billion Swiss francs ($3 billion) of debt, an attempt by the Swiss bank…

3 years ago

Global bond funds see biggest outflows in two decades

Global bond funds saw the biggest outflows in two decades in the first three quarters of this year as hefty…

3 years ago

“We believe in making education affordable to all”- Mr. Syam Kumar

Mr. Syam Kumar, please accept our congratulations on your experience in Offshore medical schools and international higher education. Thank you…

3 years ago

Chipmaker Qualcomm says automotive future business expands to $30 bln

U.S. chip designer Qualcomm Inc (QCOM.O) on Thursday said its automotive business "pipeline" increased to $30 billion, up more than $10 billion…

3 years ago

Top European bankers warn on recession, China and U.S. banks

Deutsche Bank (DBKGn.DE) chief Christian Sewing, painting a bleaker assessment of the German economy, warned on Wednesday that China was a considerable…

3 years ago

Gap posts surprise profit on Banana Republic boost; withdraws forecasts

Gap Inc (GPS.N) reported a surprise quarterly profit on Thursday on demand for dressier clothes at its Banana Republic brand, while an…

3 years ago

FedEx missteps fuel contractor’s crusade as pandemic delivery boom fades

Package carrier FedEx Corp (FDX.N) is facing a threat from an unusual source - one of its biggest delivery contractors.

3 years ago