Credit Suisse «Spygate» Banker Surfaces
Tuesday, 26 May 2020, 14:16:56
The former Credit Suisse top executive who was sacked over a botched spy scheme has enlisted with a big consulting firm.
— Finews.Asia
UBS Creates New Global Financing Team
Tuesday, 26 May 2020, 09:33:43
With an intent to serve clients quicker and simpler, the Swiss bank UBS Group AG (NYSE: UBS ) is creating a new global financing team comprising of employees from different divisions. What Happened The new team will span across global wealth management, investment bank, financing and risk management and align the disparate divisions under the leadership of Remi Mennesson, who joins UBS from Credit Suisse Group AG (NYSE: CS ) … Full story available on Benzinga.com
— Benzinga Feeds
JioMart currently serviced by Reliance Smart, Reliance Fresh; no links yet with kiranas, WhatsApp: Analysts
Tuesday, 26 May 2020, 09:22:34
NEW DELHI: JioMart’s recent foray into pan-India online grocery delivery is currently leveraging Reliance Smart and Reliance Fresh’s supply chain network and is not yet integrated with mom-and-pop stores and Whatsapp, industry watchers said.JioMart, which was piloted in Navi Mumbai, Thane and Kalyan for various products, went live with its grocery offering in 200 cities over the weekend posing competition to the likes of Grofers, BigBasket etc.“Orders post the national launch are being serviced by Reliance Smart and Fresh stores, Sahakari Bhandar stores (owned by Reliance retail), etc. and is not yet fully leveraging the kirana network (as on-boarding of kirana stores is still ongoing),” brokerage firm Credit Suisse said. However, initial challenges such as inventory limitation remain for JioMart to fulfill orders across the nation, the brokerage said. The Mukesh Ambani-led retail arm currently operates 621 Reliance Fresh and Reliance Smart stores and sells over 200 metric tonnes of fruits and over 300 metric tonnes of vegetables every day, as per company data.Post the development, JioMart lists all the major grocery categories like fruits and vegetables, staples, dairy and bakery, snacks, beverages, personal care, home care and baby care.“In terms of pricing, Reliance has extended the Smart promise of ‘minimum 5% off on MRP’ to all products on JioMart.
— Economic Times India
UBS Nabs Top Credit Suisse Private Banker
Tuesday, 26 May 2020, 08:50:20
The Swiss wealth manager is poaching the banker instrumental in setting up Credit Suisse’s entrepreneur’s bank. He is the first prominent defector to join Iqbal Khan at UBS.
— Finews
Credit Suisse : 2020 | First Quarter 2020 | MarketScreener
Tuesday, 26 May 2020, 07:08:07
Credit Suisse Group AG Pillar 3 and regulatory disclosures 1Q20 … | May 26, 2020
— MarketScreener
