[ad_1] March 14 (Reuters) – U.S. prosecutors are investigating the collapse of Silicon Valley Bank, according to a source familiar with the matter, as scrutiny mounts over the firm’s sudden…
Tag: MNGISS
German court throws out Rosneft suit over Schwedt control
[ad_1] Germany to extend trusteeship of Rosneft assets Court: reasoning for trusteeship decision was sound Rosneft cannot appeal decision LEIPZIG, Germany/FRANKFURT, March 14 (Reuters) – A court on Tuesday threw…
Credit Suisse flags ‘material weaknesses’ in reporting, outflows not reversed
[ad_1] Delayed annual report released Auditors PwC included “adverse opinion” on bank’s internal controls Outflows “not yet reversed” ZURICH, March 14 (Reuters) – Credit Suisse (CSGN.S) said in its 2022…
Silicon Valley Bank ‘conducting business as usual’, new CEO says
[ad_1] March 13 (Reuters) – Silicon Valley Bank’s new boss Tim Mayopoulos on Monday told clients that the lender is open and conducting business as usual, according to a letter…
Credit Suisse shares hit new low
[ad_1] ZURICH, March 13 (Reuters) – Credit Suisse (CSGN.S) shares hit a new record low in morning trading on Switzerland’s stock exchange. Bank shares in Europe and Asia plunged on…
Finance firms with $137 trln urge boards for more environmental data
[ad_1] Biggest-ever backing for annual CDP data request Comes as regulators begin mandating disclosures Data used to assess environmental risks, opportunities LONDON, March 13 (Reuters) – Financial institutions managing $137…
Shein, Temu in fierce fight over US market for $10 dresses
[ad_1] NEW YORK/SHANGHAI, March 9 (Reuters) – Online fast-fashion retailer SHEIN and its newer rival Temu are in a race to win shoppers’ attention for their inexpensive China-made goods. The…
Apple supplier Foxconn replaces iPhone business chief- Bloomberg News
[ad_1] Jan 17 (Reuters) – Taiwan’s Foxconn (2317.TW) has appointed Michael Chiang as the new boss for its iPhone assembly business after a tumultuous year in China, Bloomberg News reported…
Media mogul Bloomberg eyes Dow Jones or Washington Post acquisition, no talks yet
[ad_1] Dec 23 (Reuters) – Michael Bloomberg has not reached out to Rupert Murdoch to discuss a possible acquisition of Dow Jones from News Corp, two sources familiar with the…