Moving Markets: Daily News

Credit Suisse posted a disastrous loss of CHF 4 bn in its Q3 results, hugely below the average estimate of CHF 413m. The disappointing results come as the bank is preparing a sweeping restructuring overhaul and is said to be in advanced talks with a group including heavyweights Apollo and Pimco, who are interested in buying the bank’s securitised products business. Norbert Rücker, Head of Macro & Next Generation Research, gives an update on energy, and Nicolas Jordan, CIO Strategy and Investment Analysis, provides an update from Julius Baer’s Investment Committee.

00:09 Introduction and markets wrap-up by Jonti Warris (Investment Writing)
04:00 Energy update by Norbert Rücker (Head of Macro and Next Generation Research)
06:25 Latest CIO views by Nicolas Jordan (CIO Strategy & Investment Analysis)
09:11 Closing remarks by Jonti Warris (Investment Writing)

Show Notes

Credit Suisse posted a disastrous loss of CHF 4 bn in its Q3 results, hugely below the average estimate of CHF 413m. The disappointing results come as the bank is preparing a sweeping restructuring overhaul and is said to be in advanced talks with a group including heavyweights Apollo and Pimco, who are interested in buying the bank’s securitised products business. Norbert Rücker, Head of Macro & Next Generation Research, gives an update on energy, and Nicolas Jordan, CIO Strategy and Investment Analysis, provides an update from Julius Baer’s Investment Committee.

00:09 Introduction and markets wrap-up by Jonti Warris (Investment Writing)
04:00 Energy update by Norbert Rücker (Head of Macro and Next Generation Research)
06:25 Latest CIO views by Nicolas Jordan (CIO Strategy & Investment Analysis)
09:11 Closing remarks by Jonti Warris (Investment Writing)

What is Moving Markets: Daily News?

Moving Markets is a daily market news briefing from Julius Baer. Our experts discuss the latest market developments and put the headlines in perspective to set you up for the coming day. The information contained in this podcast is marketing material. Opinions expressed do not constitute independent financial/investment research, investment advice, or an offer to buy or sell securities by Julius Baer. Please refer to www.juliusbaer.com/legal/podcasts for important legal information prior to listening to this podcast.