Credit Suisse has ditched plans to raise money by listing part of its Swiss business and will instead sell new shares worth about 4 billion Swiss francs ($4 billion) to get its financial strength back on a par with rivals.
The stock market is up after Trump's election as "animal spirits" were initially aroused with the promises of a repeal and replacement of Obamacare, a tax reduction, a large infrastructure program, and a lighter regulatory burden.
Dividend stocks can make for great investments, whether it's income, growth, or both you're after. But just like any investing strategy, you can get burned if you're not aware of a few important things.
President Donald Trump is proposing tax cuts for individuals and businesses even as Washington struggles with mounting debt and the populist president tries to make good on promises to bring jobs and prosperity to the middle class.