Credit Suisse Group will buy a minority stake York Capital Management not less than $ 425 million to provide its customers access to investment funds managed by this American hedge fund. The size of the acquired shares has not been disclosed.
Статьи, помеченные тэгом ‘Credit Suisse’
Lloyds Banking Group PLC (LON: LLOY) rises to 70.07 points, gaining +0.66 (0.95%) at the beginning of the UK stock market trading today. Barclays PLC (LON: BARC) shares rose in price up to 320.15 points, increased by 0.58%.
Hang Seng index and Nikkei 225 could become a leader of the stock market today. Chinese Shanghai Composite Index jumped by 1.5%, Hong Kong’s Hang Seng – by 1,2%, Australia’s S & P / ASX 200 added 1%. Composite Stock Index MSCI Asia Pacific region rose from the opening of trading on 0,3% – to 115.64 points, during the bidding grow quotations almost 70% of the shares included in the calculation of the index.
Bidding on the German market were quite spineless. During the day the indices repeatedly made attempts to growth, but on the session closed in a slight minus. The controversial macroeconomic statistics in Europe does not market to determine the further direction. In Germany, the index of business activity in the service sector in June increased slightly to 54.8, being better than expectations.
Dow Jones Industrial Average continues to be in the green zone. At the time Dow Jones index stands at around 10,446.90 points. Dow Jones Industrial Average gained 12.73 points (0.12%). On Friday, June 18, trades on the German stock exchanges were spineless. Macro-economic statistics of European countries came out mixed. Producer price index for the last year in Germany was above expectations, and the UK budget deficit in May was in better condition than anticipated.
Currency analysts of the Credit Suisse believes that the new measures for prolonging loans will not have any more pressure on the yen. The bank’s strategy note that the latest figures published by the Ministry of Finance in Japan, indicate an increase in demand in April by foreign investors on short-term bills and Japanese believe that the yen extract direct benefits from the situation in which investors had long been trying to avoid euro.
Dow Jones loses hope to complete the bidding for the U.S. stock market in positive territory for the week. Dow Jones Industrial Average began trading with substantial losses. Currently, Dow Jones lost 67.04 points (-0.65%). The index is at around 10,191.95 points.
On Wednesday, May 26, the major European stock indicators showed a significant increase, while the leaders of growth were the paper representatives of the commodity and banking sectors. Investors are fully concentrating on the problems of the region, so far did not have a proper attention to the emerging signals of a gradual recovery of world economy. As a result, any assumptions about the excessive activity of the sellers in markets dominated most of the month.
All the major Asian stock indexes finished trading on the “red area”. According to investors, coming to the fore in the last few days inconsistency of the participating countries the euro area may prevent their governments more closely to tackle the debt problems. Released yesterday, the negative statistics on the U.S. labor market has increased concerns about the slow recovery of world economy. Only Chinese investors have come to see the events for themselves in a favorable light.