In ousting Chief Executive Officer Tidjane Thiam, Credit Suisse Group AG is taking only a first step in rehabilitating its battered reputation. A spying scandal, embarrassing revelations on how the bank is run and a public spat at the top of the company have seriously tarnished a 163-year-old Swiss banking franchise whose clients depend on its discretion. The exit of ...

Bloomberg US equity futures fluctuated and stocks in Europe and Asia declined on Monday as investors struggled to gauge the economic hit from the spreading coronavirus while preparing for more corporate earnings. Treasuries and European bonds turned higher. Contracts on the three main American equity indexes swung between modest gains and losses. Travel and oil stocks helped pull the Stoxx ...

Bloomberg India stocks fell, tracking peers across Asia, as appetite for risk remained subdued in the region. The S&P BSE Sensex declined 0.4% to 40,979.62 in Mumbai, its lowest level since February 4, while the NSE Nifty 50 Index slipped 0.6%. Markets across Asia traded in the red as investors weighed the impact from coronavirus on economic activity. Of the ...