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Credit Suisse Boosts Capital as Archegos Wipes Trading Gains

ZURICH, April 22 Reuters Credit Suisse said on Thursday it will boost capital reserves after taking a multibillion dollar hit from the collapse of U.S. investment fund Archegos, while regulators announced an enforcement case against the bank over the matter. Switzerlands secondbiggest bank after UBS posted a slightly smallerthanflagged 757 million Swiss franc 825.97 million […]
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ECB sees Scope for Rebound as Vaccines are Rolled Out

The European Central Bank left policy unchanged as expected on Thursday, keeping copious stimulus flowing even as it predicted a firm rebound in the euro zone economy in the coming months as pandemic restrictions are lifted. The ECB is keeping borrowing costs pinned near record lows via massive bond purchases to see the 19country currency […]
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Europe Inc Set to Surge out of TwoYear Profit Slump

April 21 Reuters European companies are set to exit a twoyear profit slump with a 60plus jump that outperforms U.S. peers and has spurred recordhigh stock prices, as the world economy rebounds from the worst downturn since World War Two. One of the strongest earnings seasons on record has revived the regions equities that had […]
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