Capital Markets


C Suisse downgraded

Tidjane Thiam

Fitch Ratings downgraded Credit Suisse's long-term default rating by a notch to A-minus and its viability rating to a-minus from a, citing the bank's reliance on difficult capital markets.

Goldman to seek Saudi trading licence

Goldman Sachs Blink

Goldman Sachs, which advises clients on more than $1tril of investments, applied to own and trade Saudi Arabian stocks directly after rules were changed last month, two people with knowledge of the plan said.