Global watchdog reveals tensions at heart of Credit Suisse debacle

[ad_1] LONDON, Oct 10 (Reuters) – Global regulators defended Switzerland’s move to back a rescue deal for Credit Suisse in March instead of liquidating it, in a report that exposed…

China’s Country Garden warns it could fail to pay offshore debt obligations

[ad_1] The company logo of Chinese developer Country Garden is pictured at the Shanghai Country Garden Center in Shanghai, China August 9, 2023. REUTERS/Aly Song/File Photo Acquire Licensing Rights Oct…

Alstom cash flow warning erases $3 bln from train maker’s value

[ad_1] [1/2]A logo of Alstom is seen at the Alstom’s plant in Semeac near Tarbes, France, February 15, 2019. REUTERS/Regis Duvignau Acquire Licensing Rights Oct 5 (Reuters) – Alstom’s (ALSO.PA)…

Metro Bank explores raising as much as 600 million pounds -sources

[ad_1] People walk past a Metro Bank in London, Britain, May 22, 2019. REUTERS/Hannah McKay/File Photo Acquire Licensing Rights LONDON, Oct 4 (Reuters) – Britain’s Metro Bank (MTRO.L) is exploring…

SAS slides 95% as Scandinavian airline’s shareholders wiped out

[ad_1] COPENHAGEN, Oct 4 (Reuters) – SAS shares slumped by as much as 95% on Wednesday after the airline announced a financial restructuring on Tuesday to prevent bankruptcy, bringing on…

Credit Suisse sheds nearly 13% of workforce

[ad_1] The logo of Credit Suisse is seen outside its office building in Hong Kong, China, August 8, 2023. REUTERS/Tyrone Siu/File photo Acquire Licensing Rights ZURICH, Sept 29 (Reuters) –…

Canada’s RBC injects capital into unit City National to strengthen liquidity

[ad_1] A sign for the Royal Bank of Canada in Toronto, Ontario, Canada December 13, 2021. REUTERS/Carlos Osorio Acquire Licensing Rights Sept 29 (Reuters) – Royal Bank of Canada (RBC)…

Credit Suisse sees third-quarter loss of $1.6 billion from reclassifying loans

[ad_1] The logo of Credit Suisse is seen outside its office building in Hong Kong, China, August 8, 2023. REUTERS/Tyrone Siu/File photo Acquire Licensing Rights ZURICH, Sept 29 (Reuters) –…

Exclusive: Qatar fund explored claims against Switzerland for Credit Suisse losses

[ad_1] A Swiss flag is seen in front of a logo of Swiss bank Credit Suisse in Zurich, Switzerland May 10, 2023. REUTERS/Denis Balibouse Acquire Licensing Rights May 17 (Reuters) –…

Swiss government reiterates financial commitment to Credit Suisse deal

[ad_1] [1/3]A view shows the logo of Credit Suisse on a building near the Hallenstadion where Credit Suisse Annual General Meeting took place, two weeks after being bought by rival…