Saudi National Bank is buying Credit Suisse shares at a cheap price with some healthy downside protection. On that basis alone, it’s a Buffett-worthy trade, writes LiamWardProud:
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Breakingviews - Saudi Credit Suisse deal is fair Buffett imitationBank crisis trades have ranged from the terrific to terrible. At the positive end is Warren Buffett’s 2008 deal with Goldman Sachs . At the other is Abu Dhabi Investment Authority’s 2007 investment in Citigroup , which ended up in . Saudi National Bank is continuing the tradition, ponying up about $1.4 billion for a 9.9% stake in troubled Credit Suisse . Its returns may be closer to Buffett’s than its Gulf peer’s.
Consulte Mais informação »
USD/JPY to trade above 150.00 sustainably – Credit SuisseUSD/JPY is “only” around 1.5% stronger than it was at its peak just shy of 146.00 on 22 Sep when intervention started. Economists at Credit Suisse exp
Consulte Mais informação »
USD/BRL to remain confined between 5.50 and 5.00 in Q4 – Credit SuisseEconomists at Credit Suisse stick to their 5.00-5.50 Q4 target range for USD/BRL following Lula’s runoff vote victory. Risks of asymmetric expectation
Consulte Mais informação »
GBP/USD: A move to 1.12 is possible if BoE only hikes 50 bps – Credit SuisseKey to near-term GBP direction is Thursday’s Bank of England (BoE) rate decision. If it reverts to type with only a 50 bps rate hike, the pound has a
Consulte Mais informação »
S&P cuts Credit Suisse Group rating to one step above junk statusS&P Global Ratings has downgraded Credit Suisse Group's long-term credit rating to one step above junk bond status, citing 'material execution risks' in the Swiss bank's efforts to get back on solid ground after a series of scandals and losses.
Consulte Mais informação »