Credit Suisse

Market sources tell IBTimes UK that banks and brokers under investigation for Libor fixing are unlikely to join forces in reaching a settlement.

Credit Suisse reveals plan of attack on cutting costs and boosting capital in its second quarter 2012 earnings report.

According to an internal memo, HSBC will "acknowledge and apologise" for money laundering within the bank as it faces a $1bn fine from US lawmakers.

The deal is expected to reduce cost and boost earnings for Volkswagen.

The Swiss banks plans to slash one third of its senior employees in its European investment banking department (IBD) due to tighter regulation eating into its capital raising quest, say sources

Italy's third largest bank rushes to government for aid, in order to plug €1bn funding gap

Investors executed a lukewarm reception to Moody's slashing the ratings and some outlooks for 10 UK and European banks.

Banks are fighting to shore up capital in the face of substantial enforced capital requirements, set out by Europe's Basel III and the UK's financial industry banking reform, which will make lending suffer more.

Credit Suisse stocks fall to 10 year lows after the Swiss National Bank pressurized the group to bolster its capital and halt payouts .

As yet more rows start over executive pay, IBTimes UK looks at the issues around salary-setting remuneration committees and the calls for their reform.

Credit Suisse raised IHG's full-year 2013 profit earnings per share by 7 percent and observes scope for 32 percent improvement to 2014 consensus estimates, provided sustained trading momentum.

Voters are expected to reject the two main parties Pasok and New Democracy party.

According to Shore Capital, BG Group is likely to be the major British large-cap gaining from rising oil prices as integrated oil peers 'struggle for the same degree of leverage' to the rising cost of crude.

Barclays' Bob Diamond and Aviva's Andrew Moss have felt the wrath of angry shareholders in rows over executive pay.

British Petroleum Plc expects to divest assets of $38 billion by the end of 2013 as a part of group's decision to actively manage its business portfolios around the world, focusing on core activities and future growth.

HSBC confirms culling another 2,217 UK jobs as new banking regulation and cost-cutting push it to wield headcount axe

Spectris Plc is expected to go for some small acquisitions after acquiring IRM, Sixnet and Omega in the previous year which add a significant strategic growth platform for its Industrial Controls segment. The group is scheduled to release its interim management statement on Friday.

GSK offered $13 a share in an "unsolicited" bid for the US pharmaceutical company, but it was rejected as not being good enough.

Shares of GKN, a global engineering group, rose 4.7 percent last week as Credit Suisse raised its rating to "Outperform" from "Neutral" and sets price target at 240 pence though during last month the group's shares underperformed the sector by shedding 9.9 percent, compared to 8.2 percent decline for the sector.

Burberry Group says it remains focused on implementing its proven core strategies to attain long-term growth while continuing in the demanding macro environment. The group is scheduled to release its trading update for the six months ended March 31, 2012 on Tuesday.

APR Energy is scheduled to release its preliminary earnings for the fourteen month period ended December 31, 2011 on Monday as it delayed reporting a month due to complexities which resulted a share price fall of more than 25 percent. However, the group reported a summary of preliminary results on March 20, 2012.

Goldman and Credit Suisse bottom in league of world's top 10 investment banks.

Michael Page International stresses on plans to continue its geographic expansion in emerging markets due to many long-term growth opportunities, especially in Latin America and Asia. In spite of expansion plans it remains cautious about the current macro economic outlook.

Vedanta Resources has reported a slump in its full-year iron ore output for the year ending March 2012 at 13.8 million tonnes compared to 18.8 million tonnes a year ago, as a ban on mining in the southern Indian state of Karnataka and logistical bottlenecks in Goa continued to bite.

Halfords Group expects its full-year gross margins to decline by 130 to 150 basis points. It says the expected decline is in line with market expectations although it is worse than the forecast at least 100 basis points given in November.The group is scheduled to release its pre-close trading update on Thursday.

Robert Walters says it is well positioned to exploit opportunities through long-term investment and cost management and is committed to expand in markets which offer the best prospects for growth, its future investment plans may reflect this.

With the widen international businesses, established strategy and well-built balance sheet, Electrocomponents, the world's leading high service distributor of electronics and maintenance products, is investing in its planned proposals and being aware of the ongoing economic situation, it is continuing to maintain tight cost control, therefore the group anticipates current second half operating costs to be in line with the second half of FY 2011.

Driven by higher volumes and sales growth across all product categories, Tate & Lyle Plc, the provider of specialty food ingredients and solutions, expects profits for the FY 2011 to be more heavily weighted towards the first half than usual, mainly due to the exceptionally strong performance from co-products during the first half.

Homeserve Plc, the provider of home emergency and repair services to over 4.9 million customers internationally, has braced up to perform well for the current year and beyond by addressing the root causes behind the sales, marketing and complaints handling issues in the Britain.

Imperial Tobacco Group, the world's fourth-biggest cigarette maker, is focused to deliver excellent growth in earnings and also believes that it is well- placed to build on its success.