The Latest Breaking News from Credit Suisse

Swiss bank ‘strongly rejects the allegations and insinuations’ after probe by dozens of media outlets

Credit Suisse Group AG managed accounts for clients involved in human rights abuses, corruption and drug trafficking, according to newspaper reports based on leaked data on more than 18,000 accounts that together held more than $100 billion.

A German newspaper and other media say a leak of data from Credit Suisse, Switzerland’s second-biggest bank, reveals details of the accounts of more than 30,000 clients — some of them unsavory — and points to possible failures of due diligence in checks on many customers

Analysis: Bosses will have to prove their aversion to dubious wealthy clients if they are to regain trust of markets and regulators

Massive leak reveals Swiss bank’s accounts have been used by an array of high-risk clients over several decades

Statement from Switzerland’s second-largest lender on revelations about its business practices

Banking secrecy is an issue of global public interest that can have a profound impact on the world’s poorest

Analysts updated the price target for Generac Holdings Inc. (NYSE:GNRC) post Q4 results. Canaccord analyst Jed Dorsheimer lowered the price target to $556 from $575 and maintained a Buy rating on the shares. The analyst believes margin pressures from the supply chain, logistics, and inflation will peak in 1Q22 and subsequently succumb to the power…

Analysts lowered the price target for Allegion PLC (NYSE:ALLE) post Q4 results. Mizuho analyst Brett Linzey lowered the price target to $145 (an upside of 26.7%) from $170 and maintained a Buy rating on the shares post the Q4 results. Linzey mentions Allegion's Q4 operational results were modestly ahead of expectations, with Americas driving the outperformance.…

Arista Networks, Inc. (NYSE: ANET) shares are steadily advancing following the cloud networking company's strong quarterly results.

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