All Strange Things About India and world
Ammar al-Khudairy, chairman of Saudi National Bank Ammar al-Khudairy resigned, according to a statement.Riyadh: The chairman of Saudi National Bank, which was the main shareholder of Credit Suisse before its…
Credit Suisse was the third major bank to collapse this year. (Representational)Swiss financial regulator Finma is probing how to hold bosses at Credit Suisse to account following its emergency takeover…
Iqbal Khan has already hired a number of former colleagues at his new bank.UBS Group AG wealth boss Iqbal Khan is working the phones and criss-crossing the globe to thwart…
Some in the industry play down the risks of another SVB-style downfall spurred by social media.(File)Washington: The speed at which depositors fled Silicon Valley Bank this month – withdrawing $42…
The Dow Jones Industrial Average jumped 0.98% and the S&P 500 rallied 1.3%. (File)New York: Global shares leapt on Tuesday after the rescue of Credit Suisse stemmed a rout in…
Credit Suisse’s rescue appeared to have assuaged the worst fears of systemic contagion.Shares of U.S. regional lenders including battered First Republic Bank surged on Tuesday as fears of a wider…
Geneva: Tens of thousands of jobs could disappear in Switzerland following UBS’s emergency takeover of its troubled rival Credit Suisse, observers warned Tuesday, as unions demanded a rescue package for…
The Credit Suisse Group AG crisis is likely to make a dent on the way well-off Indians view international wealth managers, a firm backed by Liechtenstein’s royal family said Tuesday.Rajesh…
Clients at the event were “by and large supportive” of the bank.Hong Kong: Days after it was rescued in an emergency buyout, Credit Suisse gathered hundreds of clients in an…
S&P Global also downgraded First Republic deeper into junk status, citing liquidity risks. (File)Shares of U.S. lender First Republic tumbled nearly 50% on Monday on fears it will need a…