Credit Suisse announces today that it has reached a settlement with the Parquet National Financier (PNF) to resolve a legacy matter in relation to an investigation into historical cross-border private-banking services. The settlement provides for a public interest fine comprising a profit disgorgement of EUR 65.6 million and the payment of an additional amount of EUR 57.4 million. Further Credit Suisse will pay EUR 115 million to the French State as damages.
Credit Suisse Maintains Outperform on Boston Beer Co, Raises Price Target to $410
Credit Suisse analyst Kaumil Gajrawala maintains Boston Beer Co (NYSE:SAM) with a Outperform and raises the price target from $405 to $410.
