U.S. stocks declined about 1 percent after a surprising move overnight by the People's Bank of China to depreciate the yuan by nearly 2 percent.» Read More
FRANKFURT, Oct 4- Swiss private bank Falcon said on Thursday it will buy boutique bank Clariden Leu Europe from Credit Suisse for an undisclosed price. Nearly one year ago, Zurich- based Credit Suisse began to integrate independently-run Clariden Leu, marking an end to a 250- year-old brand.
DUBAI, Oct 4- Falcon Private Bank, a Swiss-based wealth manager owned by Abu Dhabi fund Aabar Investments, has agreed to acquire Clariden Leu, a fully-owned subsidiary of Credit Suisse, a statement from Falcon said on Thursday. London- based Clariden Leu had assets under management of over 2 billion Swiss Francs as of August 31, 2012.
KUALA LUMPUR, Oct 4- Astro Malaysia Holdings Bhd, the country's largest pay-TV firm, has priced its initial public offering at the top of its indicative range, one source with knowledge of the deal said, to raise about $1.5 billion in Malaysia's third-largest IPO this year.
Oct 3- Computer Sciences Corp:. *Csc acquires 42 six Solutions Llc. *Says terms of the acquisition were not disclosed.
LONDON, Oct 2- Goldman Sachs and Credit Suisse have emerged from the financial crisis as the biggest suppliers of brokerage services to the embattled hedge fund industry, a new study showed on Tuesday. Credit Suisse, which counts European hedge fund giant Brevan Howard as a key client, is in second place with $200 billion of assets.
*Natixis raises Banco Popolare target price to 1.12 euros. *Natixis raises BNP Paribas target price to 45.5 euros from 40 euros; rating buy. *Natixis raises Credit Agricole SA target price to 6.7 euros from.
Oct 1- Lazard Ltd has named Edward Yorke as head of its North American financial sponsors group, where he will help advise private equity firms on transactions, the firm said in a press release on Monday. Yorke joins Lazard from Credit Suisse Group AG, where he was a managing director and vice chairman of investment banking for the Americas.
JAKARTA, Oct 1- PT Bakrie& Brothers, the investment arm of Indonesia's Bakrie Group, and affiliate Long Haul Holdings have agreed with creditors a plan to repay $437 million of debt arranged by Credit Suisse, the firm said on Monday. The group's debt situation led to heavy stock selling earlier this year of Bumi Plc and Jakarta- listed miner Bumi Resources.
JAKARTA, Oct 1- PT Bakrie& Brothers, the investment arm of Indonesia's Bakrie Group, and affiliate Long Haul Holdings have agreed with creditors a plan to repay $437 million of debt arranged by Credit Suisse, the firm said on Monday.