The firm entered a nonprosecution agreement with the Manhattan U.S. Attorney's office. Prime Partners admitted to helping Americans dodge taxes between 2001 and 2009 by setting up “sham entities” to conceal assets for U.S. clients at Credit Suisse AG, .
Under Chief Executive Tidjane Thiam, Credit Suisse's three regionally focused divisions which house its wealth management operations are supported by two investment banking divisions: Global Markets, and Investment Banking and Capital Markets.
Pune and New York-based Sapience Analytics has raised a majority investment from Credit Suisse Asset Management’s NEXT Investors. The NEXT investment will be primarily used to accelerate Sapience Analytics’ expansion into the US market. Founded in 2009.
Nelson Louie, Global Head of Commodities for Credit Suisse Asset Management , said: "The expectations for OPEC's success to bring down global inventories with output cuts diminished as compliance among participating nations began to slip and as other .
Credit Suisse Group reissued their neutral rating on shares of MetLife, Inc. (NYSE:MET) in a research report released on Monday, August 28th. The firm currently has a $53.00 price target ... Westside Investment Management Inc. lifted its position in.
Credit Suisse's Swiss universal bank, which offers wealth management, asset management and investment banking, was earmarked for a potential IPO earlier this year as the Zurich-based bank considered options to plug a capital shortfall. The bank decided .
Upside, however, has "tempered" a bit to the 20% total-return range due to the average 10% stock price rally seen in the last three months, says Craig Siegenthaler, a Credit Suisse analyst. He continues to expect the alternative asset management firms.
“We are seeing rapid growth for Sapience in the US market,” said Sapience chief ... used to make fintech bets on behalf of Credit Suisse’s investment bank, but moved under the group’s asset management umbrella in 2013 so the Sapience investment.
Credit Suisse Invests in «People Analytics» Firm finews.asia.
Credit Suisse Group reiterated their hold rating on shares of Wal-Mart Stores, Inc. (NYSE:WMT) in a research note released on Friday, August 18th. They currently have a $84.00 target ... TrimTabs Asset Management LLC raised its holdings in Wal-Mart.
Management hasn't yet commented, but several factors lead us to believe that the number could be quite high vs. the $5.2 billion this year: 1) EBITDA run rate of $13 bn at the midpoint of guidance for 4q, which has tended to have predictive value; 2.
Sumitomo Mitsui Asset Management Company LTD cut its stake in Caterpillar, Inc. (NYSE:CAT) by 3.0% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 61,024 shares of the industrial products.
In an effort to expand in markets with vibrant growth opportunities, Credit Suisse Asset Management's NEXT Investors, a wing of Credit Suisse Group AG CS , announced its plans to invest in Pune, India-based Sapience Analytics. Financial terms of the.
Brookfield Asset Management Inc decreased Enbridge Energy Partners LP ... Riverhead Limited accumulated 800 shares. Credit Suisse Ag accumulated 0% or 12,506 shares. Public Sector Pension Investment Board holds 0% of its portfolio in eHealth, Inc.
For most of its existence, Credit Suisse Asset Management Income Fund (CIK) has been a low cost, unleveraged closed-end fund that primarily invests in taxable U.S. high yield bonds. The Fund seeks a high level of current income along with capital .