Boeing may face billions more in losses as 737 Max crisis deepens, analysts say
Boeing Co. may have to book billions of dollars in additional charges related to its grounded 737 Max jets, brokerages said, following reports that call into question the timing of the aircraft's return to service. Credit Suisse and UBS downgraded the stock after reports Friday ...
Rich Chinese outnumber wealthy Americans for first time, study shows
The number of rich Chinese has surpassed the count of wealthy Americans for the first time as both countries keep churning out millionaires, a study by Credit Suisse showed. The Swiss bank's annual wealth survey released Monday found 100 million Chinese ranked in the global ...
Credit Suisse freezes $5 billion in Russian money due to U.S. sanctions
One of Switzerland's largest banks, Credit Suisse, has frozen roughly 5 billion Swiss francs ($5 billion) of money linked to Russia to avoid falling foul of U.S. sanctions, according to its accounts, further increasing pressure on Moscow. The move by Credit Suisse, which owned aircraft ...
