credit suisse

AIG is on its way to eclipsing Bank of America as the turnaround story of 2012 as it prepares to report earnings after Thursday's close. Analyst bullishness and a New York Fed asset sale have shareholders pumped.

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."

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 AG, the world's 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. Glencore, which is based in Switzerland, would use the...

Everybody's favorite firm to hate -- Goldman Sachs -- really is the smartest money on Wall Street, at least according to Bloomberg Markets' top 10 ranking of the "World's Best Financial Stock Pickers."

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 the new Basel III rules.

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.

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.

Investors are moving more money than ever before out of stocks and into bonds. Around $33 billion was moved out of funds owning U.S. shares this year, despite what has been touted as an economic recovery. That's the highest level compared with corporate debt yields since 1960, according to Credit...

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.