Company: CREDIT SUISSE GROUP

Over a quarter of shareholders casting votes voiced opposition to the remuneration report of British bank Barclays, as investors expressed discontent over the 17 million pounds ($27.5 million) pay package handed to CEO Bob Diamond last year.

ZURICH (Reuters) - Credit Suisse's first-quarter net profit shrank, as a 1.5 billion Swiss franc ($1.65 billion) loss on its own debt ate into profits.

Swiss bank Credit Suisse Group's stock took a hit Wednesday after it reported a 95 percent drop in net profit for the first quarter, when it took big charges on its debts and paid out higher bonuses.

Credit Suisse's first-quarter net profit shrank, as a 1.5 billion Swiss franc loss on its own debt ate into profits.

Credit Suisse Group's releases its earnings results for the first quarter of 2012 before financial markets open Wednesday in Zurich.

Tumi priced its initial public offering at $18 a share, a dollar above the range previously expected, according to a person familiar with the matter.

Wall Street firms are worrying that provisions in the newly passed Jobs Act will compromise the independence of their research and leave them open to investor lawsuits.

Any U.S. corporate executives who think they can use the Jobs Act's relaxed rules for public listing to cut corners on accounting and disclosure may want to think again.

A pick-up in trading revenue in the first quarter of 2012 disguises a chilling future for investment banks who need to drastically cull their business under new regulation.

Kohlberg Kravis Roberts said it has appointed former Morgan Stanley chief executive John Mack as a senior adviser to the firm.

Swiss lawmakers have passed a tax proposal seen as key to settling a U.S. probe into Swiss banks with hidden offshore accounts.

A restructuring of Greece's debt is expected to trigger insurance payouts—and investment banks and hedge funds are working out who will be the winners and losers.

The Brookings Institution analyzed the financial data of the world’s largest metropolitan areas. They defined "productivity" as gross domestic product on a per-job basis, and uncovered some interesting findings. Read ahead to see which were the most productive cities.

Hedge fund assets under management could reach $2.13 trillion at the end of the year, as investors put more cash into the industry and managers report positive returns, a survey conducted by Credit Suisse showed on Monday.