Credit Suisse

Retail Asia01/03/2022

The first Eurozone Banks get hit by sanctions while Switzerland is waiting to see if the Federal Government follows in the EU’s steps. To some degree or another, Swiss banks will not be able to escape sanctions against Russia, whether they affect corporate loans, commodity trade financing or business with wealthy clients from Russia. Switzerland’s […]

Retail Asia08/02/2022

Credit Suisse used complex derivatives to offload the risks of billions in loans to oligarchs and tycoons to hedge funds. Credit Suisse securitized a portfolio of loans linked to the yachts and private jets of its wealthiest clients using derivatives, allowing the bank to offload the risks from lending to ultra-wealthy oligarchs and entrepreneurs. The […]

Retail Asia28/01/2016

Winter is coming to Hong Kong. The Hong Kong dollar breached its 2007 low today, down to as low as 7.8226, just haircuts away from the 7.85 level that would prompt the Hong Kong Monetary Authority to intervene. After China decoupled its loosely pegged yuan from the dollar last August, we Hong Kong residents are […]

Retail Asia08/01/2016

Indonesian retailers could see tough days persisting next year as they wade through a storm of weak rupiah and waning consumer demands, analysts at Credit Suisse Securities Indonesia says. Retailers in the country have grappled with volatility in the rupiah this year — with an 11 percent decline to 13,872 against the US dollar year-to-date — which […]

Retail Asia08/12/2015

Private equity investor Warburg Pincus is making a bid of up to $400 million for the giant MedPlus India pharmacy chain. Nine year old MedPlus currently operates a network of 1200 retail stores in 12 states of India. Promoter Madhukar Gangadi, who together with his family owns 31 per cent of the company, wants to […]

Retail Asia08/08/2015

The upcoming Singapore Savings Bonds and stricter rules on how much capital banks must hold may be driving lenders to offer enticing promotional rates for fixed deposits. A shortage of funds on deposit available to banks for lending might also have prompted them to step up the competition for cash. Putting $25,000 into a 12-month […]

Tag: Credit Suisse

Sanctions Hit First Banks

Credit Suisse Securitizes Yachts With Derivatives

Should We Worry About The Hong Kong Dollar?

Credit Suisse: Tough Days for Retailers Next Year as Weak Rupiah and Spending Linger

Warburg Pincus in $400m bid for MedPlus India

Banks in Singapore staring to offer higher fixed deposit rates