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Credit Suisse to Buy Back up to $3 Billion in Shares, Swiss lender says it will raise its dividend 5% annually starting next year

The Swiss banking giant will buy between 1 billion and 1.5 billion francs in shares next year, it said ahead of its investor day seminar in London. It added it expects to buy a similar amount in 2020, subject to market conditions, and will raise its dividend 5% annually starting next year.

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For California fire victims, it will be a long, tough road to rebuild. The costs of some materials are rising, thanks in part to President Trump’s trade war.

The fires that tore through California in the past week have reduced homes to ash, upending lives and leaving thousands in sudden need of shelter. But beyond the immediate challenges of finding a place to live in a state with a perpetual shortage of housing, property owners could face a number of challenges in trying to rebuild.