UBS's emergency takeover of its troubled Swiss rival Credit Suisse, with significant backing and arm-twisting from Bern, sparked fears Monday it could weaken the country's biggest bank...
Tags : CBI
Asian equities sank Monday following a sell-off in New York as investors fret over the financial sector, despite central banks' pledges to provide liquidity to troubled lenders and news
The takeover of Credit Suisse by UBS will create a banking giant unprecedented in the history of Switzerland, where banking is a core...
UBS was up against the clock Sunday in talks to finalise a mammoth takeover of its troubled rival Swiss bank Credit Suisse and reassure...
Troubled Credit Suisse has two days to reassure before the markets open Monday with the spectre of a new turbulent...
Credit Suisse shares fell again Friday despite being bolstered by the Swiss central bank as investors worry about which road the embattled lender will take...
Lebanese central bank governor Riad Salameh maintained his innocence Friday following a second day of questioning before European investigators in Beirut as part of a...
The OECD raised its global economic growth forecast on Friday as inflation eases and China emerges from Covid restrictions, but warned of vulnerabilities as seen...
Asian markets rose Friday, tracking New York and European equities, as traders welcomed multi-billion-dollar shows of support for troubled banks aimed at soothing concerns...
Credit Suisse rallied on the stock market Thursday after grabbing a $54 billion central bank lifeline in a bid to restore investor confidence but analysts remain...