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☆ Credit Suisse bankers are preparing for 'Uli the Knife' to carve up the investment bank.
▼ + stars: | 2022-09-26 | by ( Aaron Weinman | ) www.businessinsider.com time to read: +5 min

It's a tense time for many insiders at Credit Suisse. One person told me it's a case of "rinse and repeat," as Credit Suisse undergoes its second strategic review in less than a year. Law firm sued Credit Suisse over claims it misled investors on business dealings related to Russian oligarchs. Among the plans reported to be under consideration are a three-way split of the investment bank, according to the Financial Times. Under Chief Executive Ulrich Körner, Credit Suisse wants to transform its investment bank into a "capital-light, advisory-led banking business."

☆ Wall Street's biggest investors fear an economic nightmare is coming. They may be right.
▼ + stars: | 2022-09-18 | by ( Linette Lopez | ) www.businessinsider.com time to read: +9 min

The Federal Reserve — for reasons ranging from a fragile job market to the government's debt — can't aggressively shake higher prices out of the system. So it kept interest rates at 0% to spur financial activity and growth. Chairman Jerome Powell and his band have been raising interest rates fairly quickly, but the main Fed interest rate is still just 2.5%. It's a limbo of stubbornly high inflation and higher interest rates. If Einhorn, Bianchi, and Melosi are right, we could be in economic limbo of stubbornly high inflation and higher interest rates for a while.

☆ Here are the top defensive plays from heavy-hitter investors as recession fears grow
▼ + stars: | 2022-07-28 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Fears of a recession intensified even more after data showed the economy shrank for a second straight quarter, making a strong case for defensive stocks for investors worried about slowing growth. Defensive stocks tend to provide stable earnings and consistent dividends regardless of the state of the overall stock market and the economy. They are often well-established companies in sectors like consumer staples, health care and utilities, such as Procter & Gamble , Johnson & Johnson and Coca-Cola . Berkshire also owns relatively small stakes in Procter & Gamble, Johnson & Johnson at the end of March. Major pharmaceutical companies and insurance companies are also considered defensive stocks.

☆ Here are the top dividend stock picks from the biggest investors during market turmoil
▼ + stars: | 2022-07-14 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

The appeal for high-dividend stocks is growing fast as the market's turmoil and surging inflation shows no signs of easing. Stocks with high dividend payouts had been ignored for years as growth stocks with dramatic price appreciation took center stage. The company pays a 4.7% dividend, more than doubling that of the S & P 500. Billionaire investor Leon Cooperman previously told CNBC that energy stocks were cheap relative to commodity prices. The chairman and CEO of the Omega Family Office held a number of high-dividend stocks, including Devon Energy , Coterra Energy , Energy Transfer and Pioneer Natural Resources , some of which pay as much as 8% in dividends.

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