Previous close | 3.4800 |
Open | 3.3400 |
Bid | 0.0000 x 140000 |
Ask | 0.0000 x 140000 |
Day's range | 3.3000 - 3.3800 |
52-week range | 2.8000 - 8.7000 |
Volume | |
Avg. volume | 10,290 |
Market cap | 13.073B |
Beta (5Y monthly) | 1.23 |
PE ratio (TTM) | N/A |
EPS (TTM) | -0.6530 |
Earnings date | N/A |
Forward dividend & yield | 0.10 (3.04%) |
Ex-dividend date | 09 May 2022 |
1y target est | 9.76 |
The leak covered more than 18,000 accounts, including human rights abusers, fraudsters and businessmen subject to sanctions, thereby plunging Switzerland's biggest bank into a dirty money scandal. The accounts, which were held from the 1940s to the 2010s, were leaked last February to Germany's Sueddeutsche Zeitung, which shared it with media organisations worldwide. Prosecutors said the alleged offences in the case were violation of banking secrecy laws, damage caused to Credit Suisse and making confidential business information available to foreign organisations or their agents.
Banks that lost billions from the meltdown of Archegos Capital Management will get back as little as 5 cents on the dollar from its restructuring, with brokers such as Goldman Sachs funding the payouts using cash left in the family office’s trading accounts. Global banks, including Credit Suisse and Morgan Stanley, that lost more than $10bn from the blow-up of Archegos, are expecting to recoup between 5 per cent and 20 per cent of their losses, according to people familiar with the matter. Credit Suisse, the biggest casualty of the collapse, which left it facing more than $5bn of losses, could get back as little as $250mn.
This is an audio transcript of the FT News Briefing podcast episode: ‘Microsoft cloud business holds up’Marc FilippinoGood morning from the Financial Times. Today is Wednesday, January 25th, and this is your FT News Briefing.