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correctsuccess · 3 years

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Credit Suisse serves investors thin gruel as Wall Street feasts on deals By Brenna Hughes NeghaiwiZURICH, April 19 (Reuters) - Whereas Wall Avenue rivals feast off a increase in buying and selling and offers, Credit score Suisse is caught in limbo.The collapse of Archegos, a U.S. funding fund, has left the Swiss financial institution nursing an anticipated pretax lack of practically $1 billion for the primary quarter. That, plus the demise of one other shopper, Greensi... #Americas #Banking_Investment_Services_TRBC_level_2 #Banking_Capital_and_Liquidity_Requirements #Banking_Services_TRBC_level_3 #Banks_NEC_TRBC_level_5 #Banks_TRBC_level_4 #Central_Eastern_Europe #Company_News #Corporate_Market_Regulation #Corporate_Events #CREDIT_SUISSE_GP #Europe #Financials_Legacy #Financials_TRBC_level_1 #funds #Hedge_Funds_TRBC_level_5 #Investment_Banking_Investment_Services_TRBC_level_3 #Investment_Management_Fund_Operators_TRBC_level_4 #Major_News #Management_Issues_Policies #North_America #Performance_Results_Earnings #results #Switzerland #United_Kingdom #United_States #Western_Europe

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correctsuccess · 3 years

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Swiss watchdog asked Credit Suisse on Greensill risks -SonntagsZeitung FILE PHOTO: The brand of Swiss financial institution Credit score Suisse is seen at its headquarters in Zurich, Switzerland March 24, 2021. REUTERS/Arnd Wiegmann//File Photograph/File PhotographZURICH (Reuters) - The pinnacle of Switzerland’s monetary regulator FINMA questioned Credit score Suisse over dangers in its dealings with now-insolvent finance agency Greensill Capital “months” earlier t... #Asia_Pacific #Australia #Australia_New_Zealand #Banks_NEC_TRBC_level_5 #Banks_TRBC_level_4 #Central_Eastern_Europe #Company_Management_Issues #Company_News #Consumer_Lending_TRBC_level_4 #Corporate_Market_Regulation #Corporate_Debt_Corporate_Debt_Financing #credit #Europe #Financials_Legacy #Financials_TRBC_level_1 #funds #Germany #GP #Hedge_Funds_TRBC_level_5 #Insurance_TRBC_level_3 #Investment_Banking_Brokerage_Services_NEC_TRBC_level_5 #Investment_Banking_Investment_Services_TRBC_level_3 #Investment_Management_Fund_Operators_TRBC_level_4 #Japan #Market_Events #Private_Equity_TRBC_level_5 #Property_Casualty_Insurance_NEC_TRBC_level_5 #Property_Casualty_Insurance_TRBC_level_4 #risks #SUISSE #Switzerland #Transportation_TRBC_level_2 #United_Kingdom #United_States #US #Wealth_Management_TRBC_level_5 #Western_Europe

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correctsuccess · 3 years

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Fixing the credit Catch-22: How Biden wants to make credit scores fairer (Reuters) - An opportunity dialog with a buyer ended up saving Vincent Lipford, a self-employed barber in Memphis, Tennessee, greater than $20,000.Donald Corridor and Vincent Lipford pose for a photograph at a barber store in Memphis, Tennessee, U.S., on this March 23, 2021 handout photograph. Hope Credit score Union/Handout through REUTERSThe 51-year-old single father was caught in a subprime a... #Banks_NEC_TRBC_level_5 #Banks_TRBC_level_4 #Biden #Catch22 #Company_News #Consumer_Credit_Data #Consumer_Lending_TRBC_level_4 #consumers #Corporate_Market_Regulation #correct #correctsuccess #credit #DEBT #Europe #Fairer #Financial_Information_Providers_TRBC_level_5 #Fixing #Personal_Car_Loans_TRBC_level_5 #Pictures #Professional_Information_Services_NEC_TRBC_level_5 #Scores #success #United_Kingdom #United_States #US #US_Government_News #USA

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correctsuccess · 3 years

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Analysis: Chinese retail banks gain consumer lending clout as fintechs fall out of favour BEIJING (Reuters) - Chinese language banks are gearing as much as seize again misplaced enterprise in client loans from fintech gamers like Ant Group, emboldened by a regulatory sea change that's making them extra aggressive whereas extra hurdles are created for his or her on-line rivals.FILE PHOTO: An indication of Ant Group is seen in the course of the World Web Convention (WIC) in Wuzhen, Zheji... #analyses #asia_pacific #banks_nec_trbc_level_5 #banks_trbc_level_4 #cards #china #china_prc #company_management_issues #company_news #corporate_market_regulation #correct_success #credit #credit_cards #credit_score #department_stores_trbc_level_4 #enterprise_reporting #finance #financial_commodity_market_operators_service_providers_trbc_level_4 #hong_kong #interest_rates_policy #internet #internet_mail_order_department_stores_trbc_level_5 #loans #major_news #online_services_nec_trbc_level_5 #pictures #reuters_top_news #us

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