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CreditSuiss

Technical Summary

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News

Credit Suisse stuck in spotlight ahead of strategy shift

ZURICH, Oct 3 (Reuters) - Credit Suisse CSGN.S saw sharp falls in its shares and bonds on Monday as markets put the bank under intense scrutiny. The Swiss bank has insisted its capital and liquidity are strong, saying it will have more to say about a strategic revamp when it releases third-quarter results on Oct. 27. WHY IS CREDIT SUISSE IN THE SPOTLIGHT?
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British Business - Oct 3

Oct 3 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Britain's energy regulator has said the country is at a "significant risk" of gas shortages this winter because of Russia's war in Ukraine and undersupply in Europe.
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Financial Times - Oct 3

Oct 3 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines - Tesla blames logistics problems after delivering fewer cars than forecast Link - Celsius Network founder withdrew $10 mln ahead of bankruptcy Link - Credit Suisse reassures investors over bank's financial strength Link - British Steel's Chinese owner seeks multimillion-pound government rescue package Link Overview - Tesla Inc TSLA.O
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Credit Suisse executives reassure investors after CDS spike -FT

Oct 2 (Reuters) - Credit Suisse CSGN.S executives spent the weekend reassuring large clients, counterparties and investors about its liquidity and capital position, the Financial Times reported on Sunday. A spokesman for Credit Suisse declined to comment on the report when contacted by Reuters. Executives made the calls after spreads Credit Suisse credit default swaps (CDS), which offer protection against a company defaulting, rose sharply on Friday in an indication of investor concerns, the new
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Credit Suisse has strong capital base and liquidity -CEO memo

ZURICH, Sept 30 (Reuters) - Credit Suisse CSGN.S has solid capital and liquidity, Chief Executive Ulrich Koerner told staff in a memo seen by Reuters on Friday and confirmed by a spokesperson for the Swiss bank that is due to announce the outcome of a strategic review next month. "I know it's not easy to remain focused amid the many stories you read in the media – in particular, given the many factually inaccurate statements being made.
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