Banks will never return to office full-time: Credit Suisse CEO

Banks will never return to office full-time: Credit Suisse CEO

Banks will never have their employees return to the office full time, according to the chief executive of Credit Suisse. “It’s unrealistic and it is not what employees want,” Credit Suisse CEO Thomas Gottstein told an audience at the World Economic Forum in Davos on Monday. “We are in a soft way trying to encourage … Read more

The Top Country for Financial Secrecy? (It’s Not Switzerland)

The Top Country for Financial Secrecy?  (It’s Not Switzerland)

Switzerland has a long-held reputation for financial secrecy, but it isn’t the top country when it comes to a lack of financial transparency. The country that is atop the rankings for being the most complicit in helping individuals hide their wealth is the United States, according to a biennial report released today by the Tax … Read more

Buy Citizens Financial Stock. Its Shares Could Gain 29%.

Buy Citizens Financial Stock.  Its Shares Could Gain 29%.

Bigger is better in banking — and Citizens Financial Group has been taking steps that should allow it to play with the bigger boys. Its stock looks like a winner. These days, it’s almost impossible for a bank to succeed without the scale to provide more than just loans and accounts to their clients. They … Read more