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Credit Suisse Group AG

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  • ZURICH, April 24- Credit Suisse's departing chief executive said an ambitious expansion drive following the global financial crisis ranked among his mistakes as CEO, as he addressed shareholders for the last time as head of the Swiss bank. "I have certainly made my share of mistakes, as well," Brady Dougan will tell the Zurich- based bank's annual general meeting on...

  • *Europe lifted by earnings, Greece optimism. LONDON, April 24- Global equity markets rode to new all-time highs on Friday, with positive corporate updates in Europe and a post-dotcom-boom peak for the U.S. There were also some positive signs from previously deadlocked negotiations between Greece and its international creditors, with Athens offering...

  • RIO DE JANEIRO, April 23- Executives at Brazil's Petrobras on Thursday sought to move on from a giant corruption scandal that has plagued the state-run oil company, outlining a back-to-basics recovery plan that left some investors hoping the worst was over. On a call with investors the day after publishing long-delayed audited results for 2014, Chief...

  • RIO DE JANEIRO, April 23- Shares in Brazil's state-run oil company Petrobras fell 5 percent on Thursday, a day after it reported the largest loss ever on $17 billion in charges, giving investors a deeper look at the fallout from a huge corruption scandal. Preferred shares pared losses after a sharp opening selloff in Sao Paulo as traders weighed the greater...

  • That has focused attention on other AbbVie drugs with blockbuster potential, including Viekira Pak, a new hepatitis C medication approved in the U.S. in December. But U.S. sales of $138 million in the first quarter came in below expectations of $215 million, on average, according to survey figures cited by analyst Robyn Karnauskas of Deutsche Bank.

  • British stocks flat after retail sales drop Thursday, 23 Apr 2015 | 8:06 AM ET

    *FTSE 100 barely changed after retail sales figures. *WPP falls after disappointing Q1 sales. Utilities stocks including United Utilities and SSE were up more than 1 percent after a broker update from Citi said election volatility would affect the sector going forward, adding that National Grid was the most immune in its view.

  • *NTT Docomo hits 11- year high. TOKYO, Apr 23- Japanese stocks rose on Thursday as investors sought to pick up stock seen as undervalued and presenting positive earnings prospects, with the likes of Nomura Holdings and large cap Japan Tobacco surging on strong demand. Large-cap Japan Tobacco Inc was Tokyo's biggest gainer, climbing 4.8 percent.

  • LONDON, April 22- Credit Suisse UK had a security agreement with Nav Sarao Futures, the company of the man arrested in London over his alleged role in the May 2010 "flash crash," a spokesman for the Swiss bank said on Wednesday. This was the first confirmation of an external institution providing financing to Nav Sarao, who is fighting extradition from Britain to face...

  • LONDON, April 22- Credit Suisse UK entered into a security agreement with Nav Sarao Futures in 2010 that was a standard banking arrangement and not a mortgage, a Credit Suisse spokesman said on Wednesday. "A charge was created and registered in May 2010 in favor of CSUK which related to a Security Agreement," the Credit Suisse spokesman said, citing regulatory...

  • April 22- SolarCity Corp has started a fund that includes an investment from Credit Suisse to finance more than $1 billion in commercial solar energy systems for companies, schools and government organizations in the United States. SolarCity, the top U.S. residential solar installer by market share, said it finalized the deal with Credit Suisse in February and...

  • LONDON, April 22- Britain's markets regulator has fined Bank of America Merrill Lynch a record 13.2 million pounds for failing to report transactions properly over seven years. The Financial Conduct Authority said on Wednesday that Bank of America's Merrill Lynch International arm incorrectly reported 35 million transactions and failed to report...

  • A financial crisis veteran tells China to be wary Tuesday, 21 Apr 2015 | 12:13 PM ET
    Hank Paulson

    Paulson, the former Treasury secretary, stresses that he's not saying a crisis is inevitable. The New York Times reports.

  • Europe ends higher on earnings; Greek stocks sink Tuesday, 21 Apr 2015 | 11:33 AM ET

    European markets closed higher Tuesday as investors reacted to a slew of corporate earnings reports and more news about Greece.

  • Wall Street optimistic on bumper earnings day Tuesday, 21 Apr 2015 | 8:08 AM ET
    Yahoo President and CEO Marissa Mayer delivers a keynote address at the 2014 International CES in Las Vegas.

    U.S. stock index futures indicated a higher open on Tuesday, ahead of a spate of major earnings and as oil futures for May were set to expire.

  • Early movers: DD, UTX, TRV, UA, HOG, VZ & more Tuesday, 21 Apr 2015 | 8:01 AM ET
    A trader works on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • *Aberdeen worried about some speculative activity in China stocks. *BlackRock: China needs more reforms to avert boom-bust scenarios. SINGAPORE, April 21- Aberdeen Asset Management's head of Asian operations warned on Tuesday that Chinese money was moving "a bit like a casino" in domestic stock markets, while BlackRock called on China to reform its capital...

  • Tough new rules on risk and a surging Swiss franc weakened Credit Suisse's cushion against future losses in the first quarter. Credit Suisse's shares were the second-biggest faller in the European banking index, down 3 percent against the index's 0.75 percent rise by mid-morning. Thiam, chief executive of British insurer Prudential, takes over from Credit...

  • FRANKFURT, Germany— Buoyant financial markets helped Credit Suisse Group AG overcome the impact of a surging Swiss franc to post a solid 23 percent increase in first quarter profit. The bank said Tuesday that it made 1.054 billion Swiss francs in the first quarter, ahead of the consensus of analysts' expectations at around 1.03 billion francs.

  • ZURICH, April 21- Credit Suisse's first-quarter net profit rose 23 percent, exceeding analysts' expectations, after market volatility boosted securities trading and on gains at its private bank for wealthy clients. Zurich- based Credit Suisse, the first European investment bank to report quarterly earnings, said net profit stood at 1.054 billion Swiss francs...

  • ZURICH, April 21- Credit Suisse said first-quarter net profit rose 23 percent after market volatility boosted securities trading and on gains at its private bank for wealthy clients. Zurich- based Credit Suisse, the first European investment bank to report quarterly earnings, said net profit stood at 1.054 billion Swiss francs from 859 million francs last...