Foreign inflows in Indian equity strong but dollar returns poor
India's absolute performance is likely the result of a global move into equities, and not so much due to 'cyclical recovery' or 'bottom in earnings
Decline in consumer optimism likely to continue in 2013: Credit Suisse
The downward trend in consumer optimism is likely to continue this year due to adverse macro conditions, high inflation and slower growth in the domestic economy, according to a survey by Credit Suisse.
Credit Suisse cuts India's FY13 growth forecast to 5.7%
Credit Suisse has lowered India's growth forecast for the current fiscal to 5.7 percent, but said the economy has bottomed and will see a moderate recovery during 2013.
Equities shine as investors move out of euro
Banks such as UBS and Credit Suisse are charging institutional depositors to accept deposits in Swiss francs. Consumers have to pay money to the banks (as much as 1 percent in some cases) to deposit money.
From Barclays to HSBC: Money laundering settlements since 2009
Since 2009, several European banks have paid heavy settlements related to allegations they moved money for people or companies on the US sanctions list.
Credit Suisse cuts India growth forecast on delayed RBI response
Credit Suisse has lowered India's economic growth forecast marginally to 5.9 percent from 6 percent for the fiscal year ending March.
Staggering Rs 80 lakh package offered on Day 1 of IIT-Bombay placements
Samsung stole the limelight one day one of the IIT-Bombay placement with the highest offer of this year of around US $1,50,000 (Rs 80 lakh)
Record trade gap may force govt action, says Credit Suisse
Credit Suisse said that the October trade deficit of $21 billion is India's worst on record and may prompt the government to impose measures to curb the deficit such as a further increase in import duties of gold.
Credit Suisse to cut 300 Swiss jobs in retail
The restructuring is part of an extra 1 billion Swiss francs in cost cuts announced by Credit Suisse two weeks ago as part of efforts to bolster its profits and capital position.
Earnings at risk? Credit Suisse downgrades ONGC
The investment bank said the state-run oil explorer's earnings in the next fiscal year could be hit by a combination of lower domestic production, higher taxes, losses at subsidiary .
Credit Suisse upgrades Wipro ahead of Q2 earnings
Wipro is also trading at around a 30 percent discount to larger rival Tata Consultancy Services, Credit Suisse says.
Global wealth falls for first time since financial crisis: CSuisse
The main driver of the decline was Europe, where wealth fell 14 percent in dollar terms.Meanwhile, wealth in China grew 3 percent in dollar terms, the biggest winner this yea
Number of Indian millionaires may double to 84,000 by 2017
According to Credit Suisse, India has 237,000 members of the top 1 per cent of global wealth holders. There are 1,500 UHNW individuals with wealth over $ 50 million and 700 with more than $100 million.
Why global banks are shying away from govt deals in India
Wall St banks, weakened after rounds of job cuts, are shying away from state deals that are too small or difficult to do purely for credit in industry rankings. The downside for the government is that it may not get the best effort from banks, and deals sometimes fizzle.
Credit Suisse sells United Spirits' shares for Rs 82 cr
According to the bulk data available with stock exchanges, Credit Suisse (Singapore) which is a stakeholder in United Spirits Ltd offloaded 6.54 lakh shares of the company for Rs 1,254.26 apiece valuing the deal to Rs 82.09 crore.
Now, Credit Suisse cuts India GDP forecast to 6%
The brokerage expects the government to get a pat on the back for its reform initiatives from none other than the Reserve Bank of India, a key detractor of its fiscal profligacy, when the central bank cuts rates on 30 October.
Japan's NEC To Sell Lenovo Stake In $230 Mn Deal
The source added that NEC would maintain its joint venture with Lenovo in Japan.
Credit Suisse downgrades Hero Motocorp on expected weak sales
Shares in Hero MotoCorp fell 1.5 percent to Rs 1,820.95 after Credit Suisse downgraded the stock to "neutral" from "overweight" and cut its target price to Rs 2,056 from Rs 2,401.
FMCG one of the few sectors with steady growth: Credit Suisse
Credit Suisse has initiated coverage of Indian consumer staple companies such as ITC with "outperform" ratings, stating that the price-to-earnings premiums are "high", but "far from the peak", while adding earnings growth are "steady."
Credit Suisse downgrades Tata Motors, cuts volume forecast for JLR
Credit Suisse downgraded Tata Motors to "underperform" from "neutral" after cutting its volumes forecast and increasing its tax rate assumption for the Indian auto maker's unit Jaguar Land Rover.