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Credit Suisse Woes

Credit Suisse WoesCredit Suisse Woes

Credit Suisse Group AG will stop publishing research that previews companies’ financial results in Japan after the securities watchdog found that its local securities unit leaked information about a company’s earnings, Bloomberg reported. The Swiss firm won’t allow its analysts to visit companies to gather information before they report earnings, Tokyo-based spokeswoman Haruko Fukushima said by phone on Monday, without giving a reason. It’s also not planning to hold a conference for investors this month, an event that usually takes place twice a year in April and October before the results season, Fukushima said.

 

Financialtribune.com