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Credit Suisse Group Ag

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Credit Suisse 'target' in US tax evasion probe

In another jolt to the famed Swiss banking industry, the US has started a formal probe against Credit Suisse for allegedly helping wealthy Americans to evade taxes. Credit Suisse would be the......

Europe bond crisis casts shadow on Indian banks

  Raising Tier-1 capital may be difficult because of CoCo bond trouble Europe’s bubbling crisis on contingent convertibles, or CoCo bonds, is bad news for Indian banks as poorly rated......

Alibaba breaks records, IPO ranked world's biggest

Alibaba Group Holding Ltd's initial public offering now ranks as the world's biggest in history at $25 billion, after the e-commerce giant and some of its shareholders sold additional shares.......

Investment banking: High profile exits continue

Adding to the high-profile exits in the investment banking sector in India, Brijesh Koshal, managing director and head (i-banking), Daiwa Capital Markets India, a subsidiary of Japanese firm Daiwa......

Morgan Stanley cuts 1,600 jobs as business languishes

Morgan Stanley plans to cut 1,600 employees starting this week, two people familiar with the matter said on Wednesday, in the latest sign of a pullback on Wall Street as revenue from trading and......
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Silicon Valley's obscure unicorns could boost 2017 IPO market

Social media firm Snap Inc may be the highest profile tech IPO planned for 2017, with the potential to raise billions. But more than a dozen... ...

http://www.sify.com/finance/silicon-valleys-obscure-unicorns-could-boost-2017-ipo-market-news-ipo-qm4mGPccjdfji.html
Snap shoots for the sky, promises little in $3 billion IPO pitch

By Lauren Hirsch and Liana B. Baker (Reuters) - Snapchat owner Snap Inc shot the opening salvo in its $3 billion initial public offering on... ...

http://www.sify.com/technology/snap-shoots-for-the-sky-promises-little-in-3-billion-ipo-pitch-news-news-rcddLBdbfcjdc.html
BlackRock's U.S.-based active funds post record 2016 withdrawals - Morningstar

By Trevor Hunnicutt NEW YORK (Reuters) - Investors pulled $19.3 billion from BlackRock Inc's U.S.-based actively managed mutual funds in 2016,... ...

http://www.sify.com/finance/blackrocks-us-based-active-funds-post-record-2016-withdrawals---morningstar-news-default-rbejdbjgedjhg.html
Deutsche Bank plans $7.2 billion mortgage settlement with U.S

By Karen Freifeld and Arno Schuetze NEW YORK/FRANKFURT (Reuters) - Deutsche Bank has agreed to a $7.2 billion settlement with the U.S. Department... ...

http://www.sify.com/news/deutsche-bank-plans-72-billion-mortgage-settlement-with-us-news-crime-qmxicbhhiaafd.html
Demonetisation & what next?

Free Thinker The thrill of monetary equality dies when you suddenly realize that there are mountains of hidden bullions and unaccounted assets... ...

http://kanglaonline.com/2016/11/demonetisation-what-next/

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