Credit Suisse denies wrong doing
Credit Suisse said that it strongly rejects allegations of wrongdoing after dozens of media published results of coordinated, Panama Papers-style investigations into a leak of data on thousands of accounts held there in previous decades. A person leaked the information on the accounts ranging from the 1940s to the 2010s to Germany’s Sueddeutsche Zeitung. This […]
Air France KLM ready to move
Air France-KLM has gained shareholder approval for its proposed capital increase. French financial newspaper Les Echos reported that it is ready to move swiftly. The airline had announced that it plans to raise up to 4 billion euros. Because, it seeks to repay state pandemic handouts, but neither terms nor timing were disclosed. The recapitalisation […]