CREDIT SUISSE

Futures Lower on Greece and Asian Growth

Stock index futures tumbled on Tuesday as the deal to rescue Greece and prevent a wider sovereign debt crisis faced a new hurdle and as Asian economic data reignited fears of a slowdown in global growth.

JP Morgan Gets Seat on Shanghai Gold Exchange

The China unit of investment bank JP Morgan has won approval to become a trading member of the Shanghai Gold Exchange, the eighth foreign financial institute to obtain such membership, said the exchange on its Web stie (www.sge.com.cn).

Groupon Mulls Raising IPO Price

Groupon Inc is considering raising its IPO price range, as underwriters grow more confident about demand after completing the East Coast leg of a two-week roadshow to woo investors.

Formula One Kicks Off in India

Formula One kicked off at Buddh International Circuit (BIC), Greater Noida near Delhi in India. It is clear that the weekend will be an extraordinary demonstration of the new wealth and power of the Indian elite.

EU Crisis Deal Lifts Stocks, Euro to 2-Month High

World stocks and the euro rose to their highest levels in nearly two months on Thursday after European leaders struck a deal to resolve a two-year-old sovereign debt crisis, which threatens the survival of the single currency.

Stocks, Euro Hit 2-Month High after European Debt Deal

World stocks and the euro rose to their highest levels in nearly two months on Thursday after European leaders struck a deal to resolve a two-year-old sovereign debt crisis, which threatens the survival of the single currency.

Gold Prices Rise for Fourth Straight Day

Gold prices headed for a fourth consecutive daily gain Wednesday as investors returned to the yellow metal for protection from the ongoing risks to the European economy and weakness in the U.S. economy.

S.Africa's stocks close at near 3-month high

South African stocks closed at their highest level in nearly three months as demand for resources firms rose with hope that European Union leaders will agree on a solution to their region's debt woes later this week.

Groupon's Scaled Back IPO to Raise Up to $540 Million

Groupon Inc plans to raise as much as $540 million in an initial public offering, less than previously planned, as the daily deals website grapples with a weak equities market, executive departures and questions about its accounting and business model.

Economic Growth Inched Forward in September: Fed

The U.S. economic outlook grew dimmer in September, leading businesses to be wary of spending and of building up inventories ahead of the holiday sales season, the Federal Reserve said on Wednesday.

Citi to pay $285 Million to Settle CDO Case: SEC

Citigroup Inc will pay $285 million to settle charges that its U.S. broker-dealer unit misled investors about a $1 billion mortgage bond deal, the U.S. Securities and Exchange Commission said on Wednesday.

Pages

An online coupon sent via email from Groupon is pictured on a laptop screen in Los Angeles

Groupon Planning IPO Launch for Next Week: Sources

Groupon Inc is pushing ahead with plans to go public in the face of a volatile equity market, a recent executive departure and questions about its accounting and financial disclosures, sources said on Tuesday.
RBS

RBS ‘Most Vulnerable’ European Bank: Credit Suisse

Royal Bank of Scotland plc (NYSE: RBS), is the "most vulnerable" bank in Europe and may have to raise billions of dollars to strengthen its capital ratios, warned analysts at Credit Suisse. Dozens of British banks, including RBS, released results of new stress tests form to the European Banking Authority on Thursday.
Blackberry Bold 9900

BlackBerry Outage Frustrates Bankers

A senior investment banker at a major Wall Street firm kept sending out e-mails on his BlackBerry on Wednesday morning. And they kept bouncing back.
A huge Euro logo is pictured past the headquarters of the European Central Bank (ECB) in Frankfurt, September 29, 2011.

Services data stir euro recession worry

The euro zone's services sector shrank for the first time in two years in September as new orders dried up, stoking fears that the region's economy could be heading back into recession.
EDITOR'S PICK