Credit Sussie
Covid leaves Indian adults poorer by 6.1% in 2020: Credit Suisse
The drop in the wealth of Indian adults in 2020, according to Credit Suisse, was amplified by exchange rate depreciation
 "Covid leaves Indian adults poorer by 6.1% in 2020: Credit Suisse")
Credit Suisse Group to hire over 1,000 IT employees in India in 2021
Credit Suisse said it planned to hire over 1,000 IT staffs in India this year to show its commitment to the country and its intention to establish it as a global technology innovation center for bank
Under watchdog scrutiny, Credit Suisse caps assets and leverage
Credit Suisse will keep limits on its risk-weighted assets (RWA) and leverage while it remains under regulatory scrutiny over risk-management failures that cost it billions, says Swiss bank
 "Under watchdog scrutiny, Credit Suisse caps assets and leverage")
Credit Suisse CEO Gottstein faces anger in the ranks on Archegos mess
According to people with knowledge of the call, Gottstein was grilled on the exposure and risk profile of the bank -- and why it lost so much more than rivals in the debacle
 "Credit Suisse CEO Gottstein faces anger in the ranks on Archegos mess")
India home to 100 unicorns with a combined m-cap of $240bn: Credit Suisse
Start-ups, the note said, account for a reasonably high 6-7 per cent of new firms in India, and the ratio has risen over the past decade. India is a home to the third-largest set of unicorns globally.
 "India home to 100 unicorns with a combined m-cap of $240bn: Credit Suisse")
$500 mn deal with Google pulls Infosys in focus; analysts see 35% upside
Even after a 164 per cent rally since its 52-week lows hit in March 2020, the Salil Parekh-led firm remains Credit Suisse top pick in the IT space
 "$500 mn deal with Google pulls Infosys in focus; analysts see 35% upside")
CS, Nomura turn 'overweight' on India; how much upside can one expect?
How much more meaningful upside can we anticipate for the market? In this podcast, Jyoti Roy, DVP Equity Strategist at Angel Broking answers this and more
 "CS, Nomura turn 'overweight' on India; how much upside can one expect?")
Credit Suisse upgrades India to overweight in APAC portfolio
Within Asia Pacific (ex-Japan), Credit Suisse is now biased towards second-phase Covid recovery markets-Korea, India, Australia, Singapore, and Hong Kong
 "Credit Suisse upgrades India to overweight in APAC portfolio")
Covid-19 cess, higher spending: Brokerages' expectation from Budget 2021
Growth and not fiscal prudence, experts say, should be the priority for the government now
 "Covid-19 cess, higher spending: Brokerages' expectation from Budget 2021")
US Fed orders Credit Suisse to strengthen anti-money laundering policies
The order directs the bank to adopt a formal plan to overhaul its policies within 90 days to ensure it is appropriately monitoring for illicit activity
 "US Fed orders Credit Suisse to strengthen anti-money laundering policies")
Credit Suisse taps Lloyds Bank chief António Horta-Osório as next chairman
Rohner, 61, departs Credit Suisse as expected after reaching a 12-year term limit on the board
 "Credit Suisse taps Lloyds Bank chief António Horta-Osório as next chairman")
Despite Covid, Indian adults see wealth rise 0.7% in H1-20: Credit Suisse
The total household wealth in India during this period, according to their estimates, rose 1.7 per cent to $246 billion
 "Despite Covid, Indian adults see wealth rise 0.7% in H1-20: Credit Suisse")
The market won't wait for earnings to recover, says Jitendra Gohil
Our house remains neutral on equities as an asset class, but believes equities may remain well supported, as global bond market yields are unattractive, he said
 "The market won't wait for earnings to recover, says Jitendra Gohil")
European banks face indigenous calls to end Amazon oil trade: Report
Fears over the impact of oil extraction in the Amazon were heightened in April when a pipeline ruptured, depriving 27,000 indigenous people of their main water source
 "European banks face indigenous calls to end Amazon oil trade: Report")
Facebook's $5.7 billion investment in Reliance Jio: All you need to know
With this investment, Facebook will own 9.9 per cent stake in Jio Platforms. This would be Facebook's biggest minority shareholding ever
 "Facebook's $5.7 billion investment in Reliance Jio: All you need to know")
Credit Suisse CEO Thiam resigns following uproar over a spying scandal
Credit Suisse's board also said Chairman Urs Rohner had backing to complete his term that runs until April 2021
 "Credit Suisse CEO Thiam resigns following uproar over a spying scandal")
Latest bank mergers unlikely to revive growth, profitability: Credit Suisse
Last Friday, the government had unveiled a mega plan to merge as many as 10 public sector banks into four to help create stronger global-sized banks
 "Latest bank mergers unlikely to revive growth, profitability: Credit Suisse")
Credit Suisse downgrades RIL to underperform, reduces target price
The report pointed out that RIL's free cashflow (FCF) has been in negative for six years
 "Credit Suisse downgrades RIL to underperform, reduces target price")
Emami to pick Arpwood, Credit Suisse to manage cement unit sale: Sources
The bankers will start reaching out to prospective buyers for Emami Cement Ltd., seeking a valuation of about $1 billion
 "Emami to pick Arpwood, Credit Suisse to manage cement unit sale: Sources")
Valuation of Indian equities still remain expensive, says Credit Suisse
The brokerage likes select names in financials, chemicals, construction materials, and IT, but is cautious on consumer companies given the overly stretched valuations
 "Valuation of Indian equities still remain expensive, says Credit Suisse")
