Credit Suisse shares plunge amid banking jitters
17 March 2023 | 12:31 pm
Shares of Credit Suisse have plunged to a record low, after its top shareholder declined to increase its stake. The slide has added to market jitters over the state of Europe's banking sector, although it's not directly related to the recent collapse of two American lenders. Also in the show: the UK government outlines its budget, as it tries to protect households and businesses from the ongoing cost-of-living crisis.
In this article
23 Aug 2018
John Woods, chief investment officer for Asia Pacific at Credit Suisse Group AG, talks about U.S., Chinese and European stocks, and his investment strategy.
27 Aug 2018
Fahd Iqbal, head of Middle East research at Credit Suisse Group AG, discusses Saudi Arabian stocks, and the country's decision to put the initial public offering of its giant oil company on hold. He also talks about Anraaj Group, the floundering Middle Eastern private equity firm, and Egypt stocks.
13 Jan 2019
Neelkanth Mishra, co-head of APAC equity strategy and India equity strategist at Credit Suisse, talks about Indian corporate banks.
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Ahmed Badr, managing director at Credit Suisse Group AG in Dubai, talks about oil, Saudi Arabia's infrastructure projects, and the country's stocks.
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Ahmed Badr, head of equities for the Middle East, North Africa at Credit Suisse, talks about the region's stock markets. He speaks with Bloomberg's Manus Cranny and Tracy Alloway on "Bloomberg Daybreak: Middle East."
European markets have calmed down after Credit Suisse secured a lifeline of up to 50 billion Swiss francs from the country's central bank. The crisis is just the latest to hit the embattled lender, which has suffered a string of scandals and management issues. Jitters over the banking sector remain as the European Central Bank decides on the next rate hike.
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