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Tuesday, October 1, 2019

Credit Suisse says risk calculation, hedging change to reap $250 million

Credit Suisse on Wednesday said it expects an estimated $250 million boost in annual profit from higher net interest income it expects to reap by calculating risk-weighted assets in dollars rather than Swiss francs.


from Reuters: Business News https://ift.tt/2okAdIT

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Prada to buy rival fashion brand Versace for $1.36bn

The deal to unite the two Italian brands has an estimated value of $1.36bn (£1.06bn). from BBC News https://ift.tt/IF1bAUd