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CICC and Credit Suisse to lead Alibaba Hong Kong IPO

Alibaba, one of Amazon's biggest global competitors and one of the biggest online marketplaces, has selected China International Credit Corp. and Credit Suisse to lead their initial public offering. The news was reported by Business of Fashion. Alibaba is in talks with other investment banks to be part of the IPO, but the specifics of which have...

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Business

Credit Suisse takes 60 million dollar hit from Canada Goose

There are never any winners in a tradewar. Just ask Credit Suisse who took a 60 million dollar hit at the end of last year when they were left holding shares in Canada Goose, which took a dive after trade tensions between Canada and China. Last November, Credit Suisse acted as an underwriter on the sale of 10 million shares in Canada Goose Inc....

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