Like other European players, Credit Suisse has been struggling to compete with the US investment banks
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Credit Suisse defends trading arm as profit rise fails to convince marketCEO Tidjane Thiam says Switzerland’s second-biggest bank has become more able to absorb trading volatility as it grows wealth management
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Credit Suisse to buy back up to $3bn in sharesCredit Suisse aims to appease investors with buyback of shares
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Ex-Credit Suisse bankers arrested on US charges over Mozambique loansThe trio, along with the Southern African country’s former finance minister and a Lebanese contractor, are accused of syphoning off at least $200m
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Former Credit Suisse bankers arrested in London over Mozambique loansLondon authorities says the arrests concern allegations that the former bankers took part in a $2 billion fraud scheme involving state-owned companies in Mozambique.
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UK watchdog says has downgraded probe into Credit Suisse over Mozambique loansIn 2016, the Financial Conduct Authority launched an investigation into the Swiss bank’s activities in Mozambique, where around $2 billion of loans to state-owned companies pushed the country into a debt crisis.
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UK watchdog downgrades probe into Credit Suisse over Mozambique loansFinancial Conduct Authority drops criminal investigation into alleged fraud as ‘it has no power to prosecute under Britain’s antibribery law’
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Credit rating agency S&P confident SA will reboundS&P expects SA’s economy to rebound and public finances to stabilise as government pursues economic and social reforms
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SA gets another reprieve as S&P keeps credit rating unchangedS&P Global Ratings maintained its outlook on SA as stable on Friday, in line with expectations that the rating agency would give the country another reprieve.
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[OPINION] State Capture & Credit Rating Agencies in SADavid Masondo says investors use rating agencies' assessments to determine whether to invest their monies in certain companies and nation states.
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UK-listed Experian to buy SA credit bureauLondon-listed information services company Experian will buy South African credit bureau Compuscan, which is chaired by former FNB CEO Michael Jordaan, for R3.7bn.
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