Source: Loan Digest (loandigest.net)
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Sell-off forces Credit Suisse to slash 2019 S&P 500 target before year has even begunThe bank slashed its estimate for the S&P 500 in 2019, but still sees gains over this year Full scale collpase of everything. TheBigShort x 10 BTC 100% Equity , Zero Debt, no leverage, no derivative, no shenanigans
Source: CNBC - 🏆 12. / 72 Read more »
Credit Suisse chairman says on track to boost equity return: mediaCost cuts and closing a unit where Credit Suisse had parked underperforming asse... Wait we were just told we are going to be in a recession...
Source: Reuters - 🏆 2. / 97 Read more »
Credit Suisse tells clients to sell into a 5% stocks rally it sees comingReduced profit expectations, Federal Reserve actions and elevated corporate debt are factors conspiring to limit market upside, the bank said. yea it noew you fine troubel line word complexeted so any you now and vclear i give you need mooney Sorry, it ain’t coming...
Source: CNBC - 🏆 12. / 72 Read more »
Credit Suisse settles New York state RMBS lawsuitCredit Suisse has settled a 2012 New York state lawsuit alleging misconduct over...
Source: Reuters - 🏆 2. / 97 Read more »
Three Former Credit Suisse Bankers Arrested for Involvement in Mozambique Debt DealsThree former Credit Suisse Group bankers were arrested Thursday in London in connection with a $2 billion fraud scheme, according to a statement by the U.S. Department of Justice. Well done 👍🏻 Daily business for this institution of banksters $xiv This is so typical.
Source: WSJ - 🏆 98. / 63 Read more »
US.. Seeks To Extradite 3 Ex-Credit Suisse Bankers For Fraud in MozambiqueThe three were at the center of a scheme that loaned $2 billion to Mozambique for sham tuna fishing and naval projects. What about the ones at Well Fargo? No punishment just delayed promotions and higher fees to customers to repay their fines.
Source: NPR - 🏆 96. / 63 Read more »
Credit Suisse Mozambique mess is shameful at bestThree of the Swiss lender’s former bankers have been arrested on charges of facilitating kickbacks on $2 bln of loans for the African country. Credit Suisse blames deceptive employees and says it has tightened controls. Even if the fallout ends there, it’s highly embarrassing.
Source: Breakingviews - 🏆 470. / 51 Read more »
U.S. Seeks To Extradite 3 Ex-Credit Suisse Bankers Accused Of Fraud in MozambiqueThree ex-Credit Suisse Group AG bankers were reportedly arrested in London and face possible extradition to the U.S. on charges related to bribing officials in Mozambique. Banking? Fraud Folks being bilked? Ross, Chao & Ackermann must be giving fraud lessons in their spare time. Someone call SenWarren so she can get a leg up on this. I will not hold my breath on them being held accountable to a punishment that fits the crime which is why it just happens over and over and over again. Good start
Source: NPR - 🏆 96. / 63 Read more »
Goldman Sachs, JPMorgan and others back risk management startup AccessFintechGoldman Sachs Group Inc , JP Morgan Chase & Co , Citigroup Inc and Credit Suisse... That’s funny. We practice risk management for our investors and have been here since 1949. Waiting for Brexit. Thieves! Asset strippers! Goldman sucks
Source: Reuters - 🏆 2. / 97 Read more »
UK lenders see demand for mortgages, credit cards plummeting before Brexit: BoE- Lenders in Britain expect demand for mortgages and credit card lending to fall... You do realise that picture is upside down? Nothing to do with BREXIT. People in this country are whacked out Even upside down mortgages I gather.
Source: Reuters - 🏆 2. / 97 Read more »