Credit Suisse goes long on promises
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Their plans focused on Credit Suisse First Boston, the investment bank that, despite its blue chip name, has failed in recent years to match its peers for profitability, and on Winterthur, the
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The paper products giant has plans in store for its record cash flows.
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Federated Department Stores has hired Credit Suisse First Boston to analyze what to do with up to $3.1 billion in credit-card receivables.
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The Pension Benefit Guaranty Corp. said that it can continue to meet its obligations for a number of years.
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KarstadtQuelle, the troubled German department store operator, said its creditor banks had agreed to meet its liquidity needs until December 31, but had not yet agreed to its request for a three-year-loan of 1.75 billion euros (2.2 billion dollars).
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The money-transfer company isn't taking a breather.
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Credit Suisse will fully integrate its  investment bank Credit Suisse First Boston with the rest of its  banking business, the Swiss group said on Tuesday, as it set  ambitious earnings targets for 2007.
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The cash-strapped airline Swiss said it had agreed on the terms for a crucial 325 million Swiss franc (210 million euros, 258 million dollars) credit facility with an international banking syndicate.
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Â· Falconer pledge to end big payments not yet realisedÂ·  Money needed for civil and family law sectors.
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Resisting the temptations of the mutual-fund performance chase isn't as easy as it may look.
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Credit Suisse shook the markets on Tuesday when it announced that pricing errors by traders on asset-backed securities would result in write-downs of $2.85 billion.
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Credit Suisse plans to focus its  investment banking activities on high-margin business and float  off insurer Winterthur in a long-awaited revamp aimed at  boosting the earnings power of Europe's 10th-largest bank.
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Credit Suisse analysts estimated banks  could lose up to $52 billion over time due to their exposure to  collateralized debt obligations that invested in U.S. subprime  mortgages.
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ZURICH  - Shares in the Swiss banking group Credit Suisse fell on the eve of an investors meeting which will reportedly unveil drastic changes at its US investment banking arm, Credit Suisse First Boston (CSFB).
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Like introductory credit card rates and superior customer service, some promises just aren&#39;t built to last. And so it is that Bank of America - mere months after its pledge to preserve
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Just days after Americaâs three largest banks announced a $75 billion effort to rescue troubled securities, the plan has struggled to get off the ground.
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The software company's investments are showing some promise.