Friday 24 November 2017
 
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Credit Suisse

Global economy likely to see sustained growth in 2018

World economy is likely to see sustained solid growth with the global GDP growth accelerating slightly to a pace of 3.8 per cent, even as monetary policy becomes less accommodative, said Credit Suisse in its Investment Outlook 2018.

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Credit Suisse reaches settlement with NY State Department

Credit Suisse has announced that it has reached a settlement with the New York Department of Financial Services (DFS) related to the conduct of its foreign exchange (FX) rates business.   The agreement with the D

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Global wealth 27pc higher than a decade ago

Ten years from the onset of the global financial crisis, global wealth has grown by 27 per cent, according to Credit Suisse Research Institute’s 2017 Global Wealth Report. In the 12 months to mid-2017, global wealth grew at

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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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