Switzerland hikes interest rate to 1.5%, says Credit Suisse takeover halted ‘crisis’
The Swiss National Bank announced a 50 basis point hike in its main interest rate to 1.5% Thursday as inflation continues to tick up in…
Credit Suisse and SVB: Is global banking in crisis? | Banks
Global banking has been in turmoil over the last two weeks following a series of stunning bank collapses in Europe and the United States. Despite…
UBS rescue of Credit Suisse sends shudder through markets
Banking shares tumbled at the open of European markets Monday as they digested news of an emergency rescue takeover of the troubled European banking giant…
Relief over Credit Suisse rescue short-lived as bank shares sink | Business and Economy
Banking stocks and bonds plummeted on Monday after UBS Group sealed a state-backed takeover of troubled peer Credit Suisse Group AG, a deal that was…
Japan, Singapore, Hong Kong downplay impact of Credit Suisse woes | Banks
Asian financial authorities say Swiss lender’s takeover not likely to affect stability of local banks. Financial authorities in Asia have moved to downplay the local…
Swiss National Bank announces takeover of troubled rival Credit Suisse
Swiss National Bank has agreed to takeover its troubled rival, Credit Suisse, in a $3.2 billion emergency deal brokered by regulators in Switzerland to help…
UBS to buy Credit Suisse for $3.24bn in government-brokered deal | Banks
Authorities had been scrambling to rescue Credit Suisse before financial markets reopened on Monday. Switzerland’s largest bank, UBS, has agreed to buy Credit Suisse for…
UBS’s potential takeover of Credit Suisse: What you need to know | Business and Economy News
Switzerland-based Credit Suisse was caught in the turmoil spurred by the collapse of US lenders Silicon Valley Bank and Signature Bank over the past week.…
UBS in talks to save Credit Suisse with blessings from Swiss regulators
Credit Suisse is in advanced talks with its larger Swiss rival UBS about a deal to salvage Switzerland's second-biggest bank, in a bid to reassure…
Credit Suisse slump renews fears of global banking crisis | Financial Markets News
Shares of Swiss bank lose more than a quarter of their value in one day, dragging down European and US markets. Shares in Credit Suisse…
Credit Suisse stock triggers European trading pause after Saudi bank cuts support
Axel P. Lehmann, Chairman of the Board of Directors at Credit Suisse, said at a panel session in the Saudi capital of Riyadh on Wednesday…
Anthony Gordon says lack of ‘credit’ from Everton hurt him after Newcastle move
Anthony Gordon's last goal for Everton came in a 3-0 win at home to Crystal Palace on 22 OctoberAnthony Gordon believes he played a "massive…
Adani crisis ignites India contagion fears, credit warnings | Business and Economy News
Financial contagion fears spread in India on Friday as Adani Group’s crisis worsened, with ratings agency Moody’s warning the conglomerate may struggle to raise capital…
Treasury Department changes classifications for clean vehicle tax credit eligibility
The Treasury Department has updated the standards it uses to determine if cleaner vehicles qualify for tax credits under the Inflation Reduction Act. The change…