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Credit Suisse shares soar on reported interest in State Street takeover

MILAN, June 8 (Reuters) – Credit Suisse shares (CSGN.S) rose sharply on Wednesday afternoon, with traders citing a Report inside Paradeplatz than State Street, based in the United States (STT.N) plans a takeover bid for the troubled lender, although some in the industry doubt that claim. Shares of Credit Suisse ended up 3.8% in Zurich …

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Stocks fall as sentiment dips on rate fears and yields rise

Investors cautious ahead of ECB meeting and US CPI data White House expects next inflation numbers to be high Crude hits 13-week high on rising US demand Global growth concerns sap investment sentiment NEW YORK, June 8 (Reuters) – U.S. and European stocks fell on Wednesday as prospects for a rate hike dampened sentiment, while …

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EXCLUSIVE Credit Suisse assesses options to strengthen capital – sources

The logo of Swiss bank Credit Suisse is seen at its headquarters on Paradeplatz square in Zurich, Switzerland October 1, 2019. REUTERS/Arnd Wiegmann/File Photo Join now for FREE unlimited access to Reuters.com Register ZURICH, May 30 (Reuters) – Credit Suisse (CSGN.S) is in the early stages of evaluating options to bolster its capital after a …

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European stocks rebound, Chinese rate move bolsters sentiment

LONDON, May 20 (Reuters) – Stocks rebounded on Friday after China slashed a key benchmark to support its economy, although a gauge of global equities remains set for its longest streak of weekly losses on record amid investor concerns about slowing growth and high inflation. China slashed its five-year prime lending rate (LPR) – which …

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Stock market rebound falters, UK inflation hits 40-year high

LONDON, May 18 (Reuters) – A rebound in equities petered out on Wednesday as concerns over the outlook for economic growth and rising inflation rattled sentiment, while a British inflation reading of 9 % highlighted just how much interest rates could rise. Asian stocks managed to post their fourth consecutive session of gains, but in …

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