Wednesday 24 April 2024
 
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Global household wealth 'to grow slower'

Global household wealth will grow at 6.6 per cent annually, slower than the 7 per cent estimated earlier, as the overall economic outlook remains weak, Credit Suisse said. Global household wealth is now expected to rise to $345 tr

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A shift away from globalization to a multi-polar world

A new research has signalled a shift away from globalisation to a multi-polar world.   The Credit Suisse Research Institute’s ‘The End of Globalization or a More Multipolar World’ report, presen

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Credit Suisse to focus on Asia push

Credit Suisse Group’s new chief executive Tidjane Thiam signalled a strategy shake-up yesterday (July 23), designed to focus on banking for the world’s wealthy, particularly in Asia, and away from riskier securities activities.

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Saudi ranks 5th on consumer confidence scorecard

Saudi Arabia ranked fifth in Credit Suisse’s consumer confidence scorecard, with the kingdom having the highest market penetration which indicated that market opportunity lies in the trading up of goods. The fifth annual Eme

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Ithmar seeks $436m Dubai bourse flotation

UAE-based private equity firm Ithmar Capital has picked Credit Suisse and Deutsche Bank to manage the flotation of a vehicle it hopes to list on the Dubai bourse by year end, sources close to the matter told Reuters. Ithmar is aim

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