[ad_1] London CNN — The last-minute rescue of Credit Suisse may have prevented the current banking crisis from exploding, but it’s a raw deal for Switzerland. Worries that Credit Suisse’s…
Tag: securities trading
Credit Suisse borrows more than $50 billion from Swiss National Bank after shares crash 30% | CNN Business
[ad_1] London CNN — Hours after the Swiss central bank said it was ready to provide financial support to Credit Suisse, the beleaguered megabank took it up on the offer,…
Too big for Switzerland? Credit Suisse rescue creates bank twice the size of the economy
[ad_1] The last-minute rescue of Credit Suisse may have prevented the current banking crisis from exploding, but it’s a raw deal for Switzerland. Worries that Credit Suisse’s downfall would spark…
Gautam Adani’s business loses $50 billion in market value after short seller report | CNN Business
[ad_1] New Delhi CNN — The value of Gautam Adani’s business empire has crashed by more than $50 billion this week since Hindenburg Research, a US firm that makes money…
Chevron earnings soar to a record | CNN Business
[ad_1] New York CNN — Chevron reported a record full-year profit of $36.5 billion, buoyed by high oil prices. Adjusted earnings for the year more than doubled from the $15.6…
Bad news for the economy is now bad news on Wall Street | CNN Business
[ad_1] New York CNN — The market is bracing for a perfect storm of bad news. The latest worry? The impending debt ceiling drama in Washington. The United States hit…
Bitcoin rallies 25% as crypto markets rebound | CNN Business
[ad_1] New York CNN — The bitcoin bulls are back. After getting pummeled by losses for the better part of last year, bitcoin and other cryptocurrencies are rallying in 2023,…
Forget inflation, it’s all about earnings | CNN Business
[ad_1] New York CNN — To everything there is a season and now is the time for earnings. Over the past few weeks investors have been squarely focused on inflation…
Bank earnings fail to impress investors as recession worries rise | CNN Business
[ad_1] New York CNN — JPMorgan Chase, Bank of America, Citigroup and asset management giant BlackRock posted results that topped Wall Street’s forecasts Friday, but investors were nonetheless a little…