Friday 22 September 2017
 
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Credit Suisse

EM consumer confidence improves in 2017

Consumer confidence across a core group of emerging markets has improved from a year ago as the global economic outlook has brightened, local stock markets have risen and pressure has eased on countries sensitive to commodity prices, a report sa

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Middle East equity markets post solid growth in Q4

Middle East markets have enjoyed an impressive rally since September 8, with the region gaining 17 per cent in the fourth quarter, stated a Swiss financial expert. The key driver for this was the strong recovery in both risk appet

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Frontier markets ‘offer diversification benefits’

While frontier markets are still the most under-represented asset-class in both global bonds and equities, they offer investors the potential to increase risk-adjusted returns through diversification benefits, said an industry expert.

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Frontier markets ‘offer diversification benefits’

While frontier markets are still the most under-represented asset-class in both global bonds and equities, they offer investors the potential to increase risk-adjusted returns through diversification benefits, said an industry expert.

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Saudi consumer sentiment strong despite low oil prices

Despite the free fall in oil prices in 2015, Saudi Arabia’s consumer appetite for spending remains strong, with most Saudis envisaging an increase in their spending on general discretionary products, a report said. The consu

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Credit Suisse to axe 2,000 more jobs

A slump in investment banking revenues pushed Credit Suisse to accelerate its cost-cutting plan as chief executive Tidjane Thiam admitted he had been unaware of trading positions that triggered more big writedowns in the first quarter.

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Olayan's stake in Credit Suisse falls 26pc

Saudi Arabia's Olayan Group's stake in bank Credit Suisse has fallen by more than 25 per cent since the end of 2014, according to information provided by the SIX Swiss Exchange in Zurich on Wednesday. Olayan owns 4.95 per

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Global middle class wealth ‘to grow 38pc in 5 years’

Global middle class wealth could reach $345 trillion by mid-2020, 38 per cent above its mid-2015 level, said a Credit Suisse report, adding that the number of millionaires could increase by 46 per cent during the period, reaching 49.3 million.

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Global wealth ‘to hit $345trn in 5 years’

Global wealth could reach $345 trillion by mid-2020, 38 per cent above its mid-2015 level, said a Credit Suisse report, adding that the number of dollar millionaires could increase by 46 per cent during the period, reaching 49.3 million.

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Credit Suisse names ME ultra-high net worth head

Credit Suisse, a Switzerland-based multinational financial services holding company, has hired Muwaffak Bibi to head its ultra-high net worth individuals business in the Middle East, the Swiss lender said in a statement on Monday.

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