SHARES OF ADANI GROUP FALL AFTER CREDIT SUISSE ASSIGNS ZERO LENDING VALUE TO ITS BONDS: REPORT

Wed 01 February 2023: Credit Suisse Group AG has stopped accepting Gautam Adani’s group of companies bonds as collateral for margin loans to its private banking clients, indicating that the Indian tycoon’s finances are being scrutinized following allegations of fraud by short seller Hindenburg Research. Adani Group shares were in freefall on Wednesday, when Union Budget … Continue reading SHARES OF ADANI GROUP FALL AFTER CREDIT SUISSE ASSIGNS ZERO LENDING VALUE TO ITS BONDS: REPORT