It is believed that SBI Group had invested an additional CHF1
.9m in the firm.
ZURICH (Alliance News) - Swiss banking major Credit Suisse Group AG, at its annual general meeting on Friday, said it expects a total buyback of at least CHF1
billion in fiscal 2019, subject to market and economic conditions.
M2 PHARMA-July 22, 2016-Teva Announces prices CHF1
.0bn senior notes in connection with planned acquisition of Actavis Generics
UBS's 1Q16 adjusted pre-tax profit declined 40% yoy to CHF1
.4bn, excluding CHF265m restructuring costs and CHF123m foreign currency translation losses, compared with a 1Q15 figure of CHF2.3bn adjusted for CHF305m restructuring costs and CHF745m gains on own credit and sale on real estate and businesses.
14 July 2014 - Italian insurance major Assicurazioni Generali SpA (BIT:G) on Monday unveiled a cash and stock deal worth CHF1
.5bn (USD1.7bn/EUR1.2bn) for the sale of its entire interest in Swiss private banking unit BSI Group to Brazil-based sector player Banco BTG Pactual SA (BVMF:BPAC5), as part of its turnaround efforts.
Nestle's trading operating profit was CHF14bn, up CHF1
.5bn or 11.8 percent.
Swiss banking group Credit Suisse Group (NYSE: CS) (ZHR: CSGN) (CSGN.VX) has reported that net income attributable to shareholders in the first quarter has increased by 45 percent to CHF1
.14bn on net revenues of CHF8.2bn, and a return on equity attributable to shareholders of 13.4 percent.
The Swiss allocation for Romania and Bulgaria comes in addition to the 770 million (CHF1
billion) assistance agreed by Berne in 2007 for the other ten member states which joined the EU in 2004.
For the fourth quarter of 2008, SWISS recorded an operating income of CHF1
,295m, compared to CHF1
,305m for the same period of 2007.
These included fines of up to CHF1
million for firms caught employing illegal workers.
The move will see the bank repurchase up to CHF1
.5bn of shares.