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Credit Suisse Group AG

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  • *China official PMI seen at 50.6 vs 50.8 in October. BEIJING, Nov 27- Growth in China's manufacturing sector likely slowed slightly in November as demand remained sluggish, a Reuters poll showed. Industrial Bank Co. Ltd, in a research note, said consumption only showed good signs at an online "singles' day" promotion by Alibaba Group Holding on Nov. 11 and steel...

  • Credit Suisse, Assured Guaranty settle US lawsuit Thursday, 27 Nov 2014 | 3:48 AM ET

    Credit Suisse has reached a confidential settlement with Assured Guaranty.

  • Unease as Singapore heads for 50th birthday Wednesday, 26 Nov 2014 | 8:33 PM ET

    For a tiny city-state, Singapore has for decades punched above its weight. The Financial Times reports.

  • Nov 26- Credit Suisse Group AG has reached a confidential settlement with Assured Guaranty Ltd on claims related to what the insurer said were defective loans underlying mortgage-backed securities, court documents showed. Assured Guaranty said it had filed to dismiss its lawsuit against Credit Suisse, according to a statement on its website.

  • Nov 26- Bank Leumi Le Israel BM is close to a $400 million settlement with U.S. authorities following a probe into whether it helped Americans evade taxes, Bloomberg News reported, citing a person with knowledge of the matter. Israel's second-largest lender would pay about $270 million to the Justice Department and $130 million to New York's Department of...

  • MOSCOW, Nov 26- The rouble fell for a second day on Wednesday on fading hopes that OPEC will agree to cut oil output and as foreign-currency sales dried up after exporters finished paying a major tax to the state budget. "A reduction in expectations that OPEC will cut production has been added to this," Deev said. Russia is not an OPEC member.

  • NEW YORK, Nov 25- Total U.S. household debt rose slightly in the third quarter to a total of $11.7 trillion, according to a survey by the Federal Reserve Bank of New York, which pronounced the end of the crisis-era "deleveraging process." Mortgage originations rose a bit to $337 billion, well below historical norms, while auto loan originations hit the highest level...

  • Reaching behind the Iron Curtain for yield Tuesday, 25 Nov 2014 | 5:37 PM ET

    Perniciously low yields are driving investors ever further afield, but it isn't clear they should embrace beaten down markets behind the former iron curtain.

  • NEW YORK, Nov 24- Ex-Goldman Sachs trader Jonathan Goldberg's oil fund is up nearly 15 percent on the year, an outlier in a market where some big names such as Astenbeck's Andy Hall are struggling to hold on to profits, industry sources said on Monday. Goldberg's New York- based BBL Commodities Value Fund, which manages almost $380 million, gained about 14 percent...

  • NORFOLK, Va., Nov 21- A U.S. judge on Friday accepted Credit Suisse's guilty plea to end a criminal case accusing it of helping wealthy Americans avoid paying taxes, and ordered the bank to pay roughly $1.8 billion in fines and restitution. Credit Suisse agreed to the payout as part of a more than $2.5 billion settlement with several government authorities,...

  • MOSCOW, Nov 21- The rouble strengthened sharply in thin trade on Friday, heading for weekly gains of over 3 percent against the dollar, as oil prices recovered and exporters sold small amounts of foreign currency to meet their tax payments. "Exporters are selling as little as they can, but there simply isn't a strong foreign currency bid like there was before," said...

  • HONG KONG, Nov 20- Profit-taking and queasiness about the rules blighted trading via the Shanghai- Hong Kong stock connect this week after a brisk first day when mostly hedge funds and private banks snapped up all the available mainland shares within hours. The scheme, which lets foreign investors directly invest in Shanghai- listed shares for the first time and...

  • HONG KONG, Nov 20- Profit-taking and queasiness about the rules blighted trading via the Shanghai- Hong Kong stock connect this week after a brisk first day when mostly hedge funds and private banks snapped up all the available mainland shares within hours. The scheme, which lets foreign investors directly invest in Shanghai- listed shares for the first time and...

  • Alibaba will sell debut bond on Thursday Thursday, 20 Nov 2014 | 1:13 AM ET
    An employee walks past the Alibaba logo during a media tour organized by government officials at the company’s headquarters outside of Hangzhou, Zhejiang province, China.

    Chinese e-commerce giant Alibaba will sell its first-ever bond on Thursday, a jumbo trade expected to be around US$8 billion in size.

  • Nov 19- Miner Cliffs Natural Resources Inc may file for creditor protection in Canada to insulate itself from closure costs and liabilities at its Canadian operations, analysts said. On Wednesday, Cliffs said it might have to close its Bloom Lake iron ore mine in Quebec at a cost of up to $700 million as it struggles to find funds to expand the project.

  • UPDATE 1- Alibaba will sell debut bond on Thursday Wednesday, 19 Nov 2014 | 3:12 PM ET

    NEW YORK, Nov 19- Chinese e-commerce giant Alibaba will sell its first-ever bond on Thursday, a jumbo trade expected to be around US $8 bn in size that comes just two months after the company's record IPO. Alibaba, which has been sounding out investors this week in Asia, Europe and the US for what will be one of the most sought-after trades of the year, announced the deal...

  • *Enel selling Endesa shares at 13.5- 13.8 euros- sources. *Enel selling minimum of 17 pct of Endesa. MILAN, Nov 19- Italy's biggest utility Enel is on track to raise up to 3.2 billion euros from the sale of shares in its Spanish subsidiary Endesa, three sources with knowledge of the deal said on Wednesday.

  • Halliburton in blockbuster oilfield services deal Monday, 17 Nov 2014 | 8:43 AM ET

    Halliburton on Monday agreed to buy Baker Hughes in a cash and stock deal valued at $34.6 billion.

  • Nov 17- Halliburton Co will buy Baker Hughes Inc for about $35 billion in cash and stock, creating an oilfield services behemoth to take on market leader Schlumberger NV as falling oil prices threaten to erode demand. Halliburton said the offer was worth $78.62 per Baker Hughes share, based on Halliburton's closing on Nov. 12, when it was first disclosed that the...

  • Euro zone, gold vote test Swiss central bank Sunday, 16 Nov 2014 | 5:57 PM ET

    The Swiss National Bank faces the biggest test of its cap on the franc in two years.