News for Credit Suisse Group AG (CSX1.BE)

The debacle that led to the unraveling of Lex Greensill's trade-finance empire began with the firing of a manager at a Sydney unit of insurance giant

Premier Li Keqiang warns the world not to interfere, as he addresses China's largest political meeting.

Credit Suisse knew since 2019 that supply-chain finance funds it ran with Greensill were too reliant on a small group of insurers to protect investors against default and failed to remedy the situation, according to people familiar with the funds.

Bloomberg reports that the companies are preparing to apply for licenses to operate retail payments and settlement systems in the country...

LONDON – A funding crisis at Greensill Capital could spill over to some of its high-risk borrowers and lead to losses for insurers and banks that have

(Bloomberg) -- Atai Life Sciences AG, a German startup looking into ways of using magic mushrooms to treat mental-health disorders, has been valued at about $2 billion in a funding round ahead of its potential listing, people familiar with the matter said.

Read more about Facebook, Amazon, Google vie for piece of India's digital payment markets on Business Standard. The contest is fierce as regulator Reserve Bank of India is expected to give just one or two licenses, as implied in its notification inviting bids

At the center of the unraveling of specialty finance firm is Sanjeev Gupta, an Anglo-Indian steel entrepreneur building a new empire in an old industry.

Read more about Amazon, Google, Facebook vie for a piece of India's digital payments market on Business Standard. The companies are part of four consortia preparing to apply for licenses to operate retail payments and settlement systems in the country

The companies are part of four consortia preparing to apply for licenses to operate retail payments and settlement systems in the country, people familiar with the matter said. More companies could band together before a March 31 application deadline.

Macy’s Inc. is tapping the junk-bond market to capitalize on record-low borrowing costs after reporting better-than-expected holiday sales and predicting that pandemic pressures will ease later this year. The department store chain is selling $500 million of senior notes due 2029 to help fund a…

Former Credit Suisse Group AG Chief Executive Officer Tidjane Thiam raised $300 million for his blank-check company after boosting the size of the deal.

The Swiss bank has grown concerned about the speciality finance firm’s exposure to a single client.

Bitcoin hit a market value of $1 trillion late last week, a surge thats helping cryptocurrency returns far outstrip the performance of more traditional assets like stocks and gold.

The bank saw a 20.4% drop in discretionary awards to about $2.66 billion for 2020.Most European financial institutions have been seeking to keep a lid on discretionary payouts this year

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Credit Suisse Group AG said a strong start to the first quarter is fueling its growth ambitions this year, after hefty legal charges and write-downs pushed it to a fourth-quarter loss.

Analysts listed "high quality" U.S. stocks in a variety of sectors including food, retail and energy.

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero