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Credit Suisse to shift focus from branches to digital banking

ZURICH (Reuters) – Credit Suisse (CSGN.S) said on Monday it would invest hundreds of millions of francs in digital services and other parts of its Swiss division by the end of 2021 and said it no longer needed a bigger branch network in its home market than it... More »

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Sports Direct delays results as House of Fraser deal backfires

LONDON (Reuters) – British retailer Sports Direct (SPD.L) has delayed publishing its annual results, warning problems integrating its purchase of House of Fraser stores and increased scrutiny of its accounts could affect the financial guidance it gave in Decem... More »

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Sports Direct opposes any Debenhams plan that wipes out equity

LONDON (Reuters) – British sportswear group Sports Direct said any restructuring option pursued by Debenhams that could result in no equity value for the department store group’s shareholders “is not a workable solution”. Debenhams said on Friday it was seekin... More »