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ZURICH (dpa-AFX) - Credit Suisse (CS) said Tuesday that it expects to report a pre-tax loss of about 900 million Swiss francs in the first-quarter of 2021. It includes a charge of 4.4 billion francs in respect of the failure by a US-based hedge fund to meet its margin commitments.
The Zurich-based lender also said that chief executive officer of its Investment Bank, Brian Chin, will step down from his role on the Executive Board, effective April 30, 2021. Lara Warner, Chief Risk and Compliance Officer, will step down from her role on the Executive Board, effective April 6.
The company has appointed Christian Meissner as chief executive officer of the Investment Bank and member of the Executive Board, effective on May 1, 2021.
BENGALURU: BP expects to reach its $35 billion net debt target in the first quarter of 2021, the energy group said on Tuesday, following earlier-than-expected proceeds from disposals and a "very strong" quarter.
4 platforms that can help you study abroad in 2021
4 platforms that can help you study abroad in 2021
With Covid-19, many new platforms have come up to help you in higher education. These 4 platforms are helping students study abroad in various ways.
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UPDATED: April 6, 2021 15:06 IST
With Covid-19, many new platforms have come up to help you in higher education. These 4 platforms are helping students study abroad in various ways.
HIGHLIGHTS
International education has gained immense popularity among Indian students.
The study abroad market witnessed a shift in the mode of learning offline to hybrid and online.
The next fall season of 2021 looks hopeful for the students to plan their study abroad dreams
BP : Credit Suisse remains its Buy rating marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.
Cred enters unicorn club; valuation touches $2.2 bn
Cred is among the few Indian startups to accomplish unicorn status at an early stage, having started its operations only two and a half years ago
BusinessToday.In | April 6, 2021 | Updated 17:12 IST
Credit card payment platform Cred had in early January 2021 announced a $80 million fundraising round, which had valued it at $806 million
Credit card payment platform Cred announced on Tuesday, April 6, that it has closed its Series D funding round, raising $215 million.
With this, the fintech startup has become a unicorn with its valuation nearly trebling to $2.2 billion.
The startup had in early January 2021 announced a $80 million fundraising round, which had valued it at $806 million.