News in brief: Credit Suisse risk under scrutiny

Credit rating agencies were broadly positive on the merger between Credit Suisse First Boston and its parent group Credit Suisse, which was completed this month. However, they differed on the Swiss group's appetite for risk. Standard & Poor's expects "disciplined risk taking", while Fitch said the Swiss group's trading "is not commensurate with the risks incurred" and warned that risk appetite could increase.

PFI win for ABN Amro

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Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is ReachedExternal link

Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is Reached