Tag Archives: Credit Suisse

Submitted by Judith Bergmann via The Gatestone Institute, Swiss authorities are currently investigating 480 suspected jihadists in the country. “Radical imams always preached in the An-Nur Mosque… Those responsible are fanatics. It is no coincidence that so many young people from Winterthur wanted to do jihad.” — Saïda Keller-Messahli, president of Forum for a Progressive Islam. Switzerland is the answer to those who...

Submitted by Judith Bergmann via The Gatestone Institute, Swiss authorities are currently investigating 480 suspected jihadists in the country. “Radical imams always preached in the An-Nur Mosque… Those responsible are fanatics. It is no coincidence that so many young people from Winterthur wanted to do jihad.” — Saïda Keller-Messahli, president of Forum for a Progressive Islam. Switzerland is the answer to those who...

Submitted by Judith Bergmann via The Gatestone Institute, Swiss authorities are currently investigating 480 suspected jihadists in the country. "Radical imams always preached in the An-Nur Mosque... Those responsible are fanatics. It is no coincidence that so many young people from Winterthur wanted to do jihad." — Saïda Keller-Messahli, president of Forum for a Progressive Islam. Switzerland is the answer to those who claim that Islamic terrorism is reserved for those...

Just when it seemed that no more lawsuits are possible for Germany's largest lender, which over the past two years has settled or otherwise paid billions to set aside a barrage of allegations of wrongdoing leading to the bank's suspension of bonuses for most senior bankers, today we learn that Deutsche Bank was sued by a Jewish charitable trust in Florida, alleging that the bank wrongly withheld as much as $3 billion from the heirs to a wealthy German family. According to Bloomberg, the...

Die Anlagegruppe will im ersten Quartal 2017 CHF 200 Mio. neue Gelder aufnehmen. Die Anlagegruppe CSA RE Germany richtet sich an Schweizer Vorsorgeeinrichtungen und  ist auf Investitionen in deutsche Geschäftsliegenschaften fokussiert. Im ersten Quartal sollen CHF 200 Mio. durch neue Zeichnungen aufgenommen werden. Das neue Kapital wird in den weiteren Ausbau des Immobilienportfolios investiert. Das Portfolio...

  Stock Markets In the last week of the year, the Swiss Market Index deepened its loss for the year as banks continued lower on low trading volumes. The SMI is set to end 2016 with an annual loss of 6.8% as banking and pharmaceutical giants pulled the index down in a year of turbulent trading. A volatile 2016 started with a brutal equity sell off as investors dumped global stocks on fears of an accelerating economic slowdown in China and the slumping price of oil.  The...

Shortly after last night’s news that Deutsche Bank had settled with the DOJ for $7.2 billion, of which it would pay $3.1 billion in a civil penalty, far lower than the $14 billion number initially speculated (the stock popped as much as 4% before settling just over 2% higher currently), Credit Suisse likewise closed the books on its pre-crisis RMBS fraud when the largest Swiss bank agreed to pay $5.28 billion to...

SMI Ahead of the Christmas break, trading volumes were thin this week amid a lack of new market catalysts. Swiss and European equities were generally unchanged through the week, tracking global stock markets. Overall, sentiment appears to be positive as investors close their books for the year. SMI Index, December 23 - Click to enlarge Economic Data The European banking sector was this week’s main story with...

© Pincasso | Dreamstime.com - Click to enlarge Credit Suisse Group AG is preparing a new cost-savings program that puts as many as 1,300 jobs in Switzerland on the line, according to Schweiz am Sonntag. The plan will be announced Wednesday, when the lender holds its investor day in London, the newspaper said, without saying where it got the information. Credit Suisse’s Swiss unit may slash an additional 1,000 to 1,300...

© Pincasso | Dreamstime.com - Click to enlarge Credit Suisse Group AG is preparing a new cost-savings program that puts as many as 1,300 jobs in Switzerland on the line, according to Schweiz am Sonntag. The plan will be announced Wednesday, when the lender holds its investor day in London, the newspaper said, without saying where it got the information. Credit Suisse’s Swiss unit may slash an additional 1,000 to 1,300...