FED The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point, but indicated it was on the verge of pausing further increases in borrowing costs after the recent collapse of two U.S. banks.
CREDIT SUISSE Credit Suisse said on Thursday it has hired private banker Kwong Kin Mun as its new vice chairman for Southeast Asia wealth management.
COMPANY NEWS Zur Rose Group - Revenue And Earnings Targets For 2022 Achieved; Significant Step Towards Profitability, Expects To Break-Even On Adjusted EBITDA In 2024 Meyer Burger - Net Sales Grew To Chf 147.2 Mln In 2022 (2021: Chf 39.9 Mln)
ANALYSTS' VIEWS BALOISE HOLDING AG : BERENBERG RAISES TARGET PRICE TO CHF 159 FROM CHF 151 PARTNERS GROUP HOLDING AG : CREDIT SUISSE CUTS TARGET PRICE TO CHF 1000 FROM CHF 1050 SWATCH GROUP AG : BARCLAYS CUTS TO UNDERWEIGHT FROM EQUAL WEIGHT; CUTS TARGET PRICE TO CHF 295 FROM CHF 372 COMPAGNIE FINANCIERE RICHEMONT SA : JP MORGAN RAISES TARGET PRICE TO CHF 170 FROM CHF 160
ECONOMY
Swiss Q1 SNB policy rate due at 0830 GMT. Seen at 1.50%. (Reporting by Zurich newsroom and Berlin Speed Desk)
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