Credit rating Suisse shares are a ‘steal,’ say new Saudi backers right after having 9.9% stake

Essential Points

Saudi Nationwide Lender, the kingdom’s most significant financial institution and greater part-owned by the Saudi govt, introduced Wednesday that it was investing up to $1.5 billion in Credit history Suisse — symbolizing a stake of up to 9.9%.
The Swiss loan company posted a third-quarter net loss of 4.034 billion Swiss francs ($4.09 billion) past week, significantly worse than analyst estimates, and introduced a significant strategic overhaul.
Shares are down close to 55% this yr following numerous scandals, management adjustments and weak earnings releases.

Resource

Finance

New ETF gives investors opportunity to act like private equity giant as shift away from public stocks picks up

June 15, 2025

ETF Edge New ETF gives investors opportunity to act like private equity giant as shift away from public stocks picks up Published Sun, Jun 15 202510:14 AM EDTUpdated 13 Min Ago Jason Gewirtz@jasongewirtz WATCH LIVE Source

Finance

China’s personal delivery market is on the rise. Only some are already making money

June 15, 2025

Source

Finance

Israel-Iran attacks and the 2 other things that drove the stock market this week

June 14, 2025

What was shaping up to be a relatively calm week quickly got volatile on Friday, following Israel’s overnight strike on Iran. Here is a closer look at the three biggest themes that defined the market this week. 1. Geopolitics: The attack on Iranian nuclear infrastructure rippled through financial markets on Friday. U.S. stocks sold off […]