Credit Suisse planning to accelerate expansion in China

Credit Suisse Group AG, is a Swiss investment bank which is now planning to expand its team in China. The bank hopes to expand its team by three items within the next five years.

Highlights

•          Credit Su...

CREDIT SUISSE TO HIRE MORE IT EMPLOYEES IN INDIA

HIGHLIGHTS

• In 2021, Credit Suisse is going to hire over 1000 IT employees in India.
• In the last three years, Credit Suisse has hired 2,000 IT employees in India.
• The operations of Credit Suisse in India.
• New recruitments are for ...

MAJOR FOREIGN IB’S RECALIBRATE GROWTH PROSPECTS IN KOREAN ECONOMY TURNAROUND

• Major foreign investment banks (IBs) have recalibrated their forecasts for South Korea's economic growth for 2020 on rising expectations for an economic turnaround, a report showed Friday.
• Until late October, nine principal global IBs, including Barclays and Goldman Sachs, ...

HANDSOME GAINS BY DETRACTING STELLAR MOBILE PLAYERS FROM CHINA TO INDIA

• India’s worries are gone for good with incentives to entice businesses into moving away from China that seem to be working finally.
• With companies from Samsung Electronics Co. to Apple Inc.’s assembly grid partners showing interest in investing in the South Asian na...

Q3FY20 does not hold any good expectations for FMCG firms

To Indian fast-moving consumer goods (FMCG) firms, the September quarter did not offer much respite, although some companies managed to do better than others.

Another quarter down the lane (Q3FY20), investors would do well to keep expectations low as demand recovery hopes have not been ...

STRONG CURRENCY IN 2019, COULD SEE A FALL IN 2020

Shahab Jalinoos, Global Head of foreign-exchange strategy at Credit Suisse stated that the Canadian dollar may stall out in 2020 after being the top performer in 2019. He expects the tailwind of 2019 to fade. Risk sensitive currencies like loonie (Canadian dollar) could perform in 2020 if the glo...

Large electronic spot foreign exchange trades

When placing massive electronic spot foreign exchange transactions through a liquid market in recent days, the focus has been on restricting the market impact to prevent the price from moving away from the customer. To do this, the phenomenon has been to split huge trades into instalments as smal...