Credit Suisse

'Dark Pools': Are Hidden Trades Undermining the Stock Market?

When the market closing bell rings, you may believe trading activity ends for the day. But behind the scenes, stock trading continues in "dark pools": secondary stock markets that operate out of sight of the average investor and beyond the reach of regulators.

Trusted Betty White Promoting Risky Investments

At 89, Betty White is America's sweetheart. This elder stateswoman of show business was recently named the country's most trusted celebrity -- and she's just thrown her prestige behind William Page and Associates' "life settlements."

UBS Joins Growing List of Bank Layoffs

In a cost-cutting move, Swiss banking giant UBS announced that it would trim 3,500 people from its workforce. Most of the cuts, which are expected to save $2.5 billion in annual costs, will be in the firm's underperforming investment banking unit. It's the latest in a string of big bank layoffs. Who could be next?

Glencore International Considering $10 Billion IPO

Glencore International AG, the world%u2019s largest commodity trader, is considering a $10 billion IPO. The IPO would be done in London and potentially Hong Kong in the second quarter of 2011, Bloomberg News reported without naming its sources.

Who's the Best Stock Picker? Goldman Sachs

Everybody's favorite firm to hate -- Goldman Sachs -- really is the smartest money on Wall Street. The investment bank's analysts have landed at No. 1 on Bloomberg Markets' ranking of the "World's Best Financial Stock Pickers."

UBS, Credit Suisse Face Tougher Capital Rules

UBS and Credit Suisse Group will have to almost double their capital holdings because Switzerland has set out to further tighten the reins on its megabanks, requiring them to hold capital well in excess of new international standards agreed upon in the Basel III rules.

Ford Earnings Likely to Weaken in 2011 on Higher Costs

Ford earnings are expected to be weaker next year due to higher costs for pensions and materials, according to a research note released Wednesday by Credit Suisse Securities. Forecasts call for pretax income from Ford's North America operations to fall to $4.2 billion in 2011 from $4.8 billion this year.

1 in 4 iPhone Users Would Dump AT&T for Verizon

Almost one in four users of Apple's iPhone would switch to Verizon from AT&T as their cell phone carrier once AT&T's exclusive agreement with the iPhone expires, Information Week reported Tuesday, citing an analyst note from Credit Suisse Group analyst Jonathan Chaplin.

Legal Briefing: Barclays Joins List of Sanctions Violators

Barclays agreed to pay $298 million to settle criminal charges that it did business with countries like Cuba, Iran, Libya and Sudan, violating U.S. economic sanctions against these nations. Barclays is just the latest in a string of banks that have transacted with such countries.

Germans Raid Credit Suisse in Tax Evasion Probe

German prosecutors raided all 13 Credit Suisse branches in the country on Wednesday as part of a probe into tax fraud. Earlier this year, German authorities acquired information on some 1,500 Credit Suisse customers who may have been using the Swiss accounts to avoid paying taxes.

Amazon's E-Book Market Share to Drop: Good News?

Amazon's current 90% share of the e-book market will plummet to 35% over the next five years, according to predictions from Credit Suisse analysts. That sounds alarming, but on closer inspection, the prognosis should have Amazon uncorking the champagne. Here's why.

Hedge Funds Staged Big Comeback in 2009

Coming off its worst calendar year loss in history, the hedge fund industry enjoyed a strong comeback in 2009, as three separate indexes that track hedge fund performance recorded gains of 18% or more.

Are banks really improving?

Judging from recent headlines, one might think the financial crisis is behind us. And how could one not think that when Citigroup (C), Bank of...