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Credit Suisse Shares: Weak financials, shaky management: What’s wrong at Credit Suisse?

Photo: Bloomberg

Credit Suisse Shares: Weak financials, shaky management: What’s wrong at Credit Suisse? Switzerland’s second-largest bank, Credit Suisse, has been in the news due to its falling share price, shaky financials, and repeated management revamp. In the last year, the bank’s valuation has fallen nearly 60 per cent. Credit Suisse’s current market cap is $10.8 billion. In October ...

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What happens if you miss a mutual fund SIP instalment?

What happens if you miss a mutual fund SIP instalment? [ad_1] 1.A missed SIP instalment happens when there isn’t sufficient balance in the account. 2.Mutual funds do not penalise for missing an SIP instalment. 3.However, the bank will charge you a penalty for the insufficient funds and missing the auto-debit payment. 4.A mutual fund will cancel the SIP only after ...

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Do you need a super top-up health insurance policy?

Do you need a super top-up health insurance policy? [ad_1] While both top-up and super top-up plans have long been considered a good way to enhance health insurance at low cost, super top-ups were regarded primarily for senior citizens or those with conditions requiring frequent hospitalisation. However, in the past couple of years, super top-ups have gained prominence, with most ...

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Do your mutual fund manager’s cash calls benefit you?

Do your mutual fund manager’s cash calls benefit you? [ad_1] Equity funds are sitting on the biggest pile of cash in recent years. At an aggregate level, equity funds are holding in excess of 4% in cash—not high in absolute terms, but high compared to last three years. Eighteen equity schemes have parked in excess of 10% of the portfolio ...

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