Former top Credit Suisse shareholder Harris Associates sells out of bank
The US investment manager owned as much as 10 per cent of Credit Suisse’s stock last year.
Source: afr.com
Page 27 - First Boston News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from First Boston. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In First Boston Today - Breaking & Trending Today
Why Harris Associates sold its entire Credit Suisse stake
Harris Associates began selling in October, after the bank raised $4.3 billions in a Saudi-led funding round
Source: qz.com
Apollo Mulls $750M First Boston Leveraged-Finance Bet
The New York-based alternative asset manager’s commitment may be matched by the Zurich-based bank, giving the unit roughly $1.5 billion in capital.
Source: themiddlemarket.com
EU Core CPI hits fresh record high; BOE's Mann calls for more rate hikes
- Euro Zone Jan Final CPI revised 0.1% higher to set a record high for Core CPI. - Wake of US FOMC Minutes on markets is relatively subdued after its
Source: fxstreet.com
America's credit card roulette economy
Even after a year-plus of painful price increases, rising borrowing costs and a steady drumbeat of dire warnings about the state of the American economy, household finances are on relatively solid footing.
Source: politico.com