[ad_1] 11 Mins Ago Disney starts second round of job cuts Disney shares gained about 1% after the media company said its second round of layoffs are underway. The new…
Tag: Credit Suisse Group AG
Credit Suisse ‘seriously breached’ obligations in Greensill case, Swiss regulator says
[ad_1] The logo of Credit Suisse Group in Davos, Switzerland, on Monday, Jan. 16, 2023. Bloomberg | Bloomberg | Getty Images Credit Suisse “seriously breached its supervisory obligations” in the…
‘A financial banana republic’: UBS-Credit Suisse deal puts Switzerland’s reputation on the line
[ad_1] UBS agreed on Sunday to buy its embattled domestic rival Credit Suisse for 3 billion Swiss francs ($3.2 billion) as part of a government-backed, cut-price deal. Swiss authorities and…
Switzerland faced a full-scale bank run if Credit Suisse went bankrupt, Swiss regulator argues
[ad_1] Allowing the bankruptcy of troubled lender Credit Suisse would have crippled Switzerland’s economy and financial center and likely resulted in deposit runs at other banks, Swiss regulator FINMA said…
European stocks mixed ahead of euro zone and U.S. inflation data
[ad_1] 29 Mins Ago We are not facing a banking crisis, says strategist Gene Frieda, executive vice president and global strategist at Pimco, says “the bank stresses of the last…
European stocks higher as banking concerns continue to ease
[ad_1] European stocks higher as banking concerns continue to ease CNBC [ad_2] Source link
Bitcoin climbs 5% above $28,000 as investors shrug off regulatory crackdowns
[ad_1] Bitcoin is up 50% so far in 2023, beating major commodities and stock indexes. Industry insiders said the bank collapses have sent investors looking for alternatives to the traditional…
Shrinking food stamp benefits for families mean yet another challenge for retailers
[ad_1] A worker carries bananas inside the Walmart SuperCenter in North Bergen, New Jersey. Eduardo Munoz Alvarez | AP For some shoppers who already struggle to cover grocery bills, the…
Credit Suisse CEO says outflows have reduced ‘very significantly’ as overhaul progresses
[ad_1] The bank in November projected a $1.6 billion fourth-quarter loss after announcing a raft of measures to address persistent underperformance in its investment bank and a series of risk…