Black Hot Fire Network
April 12, 2023
Good morning. It’s all about US inflation, Russia’s questionable trading activity and the outlook for the S&P 500. Here’s what people are talking about. The March inflation report from the US may offer glimmers of good news on disinflation, but Federal Reserve officials sounded divergent notes about the central bank’s next policy move. New York […]
March 19, 2023
WASHINGTON, March 19 (Reuters) – U.S. bank deposits have stabilized, with outflows slowing or stopping and in some cases reversing, a U.S. official said on Sunday, adding the problems of Credit Suisse are unrelated to recent deposit runs on U.S. banks. After officials in Switzerland
March 19 (Reuters) – UBS AG is asking the Swiss government to cover about $6 billion in costs if it were to buy rival Credit Suisse, a person with knowledge of the talks said, as the two sides raced to hammer together a deal to restore confidence in the ailing Swiss bank . . .
January 14, 2023
UBS Doesn’t Plan to Buy Credit Suisse or US Firms: Kelleher Bloomberg Source link
October 20, 2022
NEW YORK, Oct 20 (Reuters) – A U.S. jury found on Thursday that Credit Suisse Group AG (CSGN.S) did not conspire with the world’s largest banks to rig prices in the foreign exchange market between 2007 and 2013, handing the bank a win as it works to restructure and put a string of scandals . […]
October 17, 2022
Oct 17 (Reuters) – Credit Suisse Group AG (CSGN.S) recently launched a process that could see its U.S. asset management arm sold, a source familiar with the matter said on Monday, as the troubled Swiss bank seeks to reshape its business after multiple scandals.
Settlement ends bank’s largest outstanding RMBS case Credit Suisse says settlement is fully covered by provisions Bank still has five cases to resolve Expects to resolve outstanding cases in next six months
October 12, 2022
Oct 12 (Reuters) – European shares slipped again on Wednesday as a batch of mixed earnings reports heightened worries about the impact of tighter monetary policies and soaring inflation on corporate profits. The pan-European STOXX 600 index
July 27, 2022
This is an audio transcript of the FT News Briefing podcast episode: A new CEO for Credit Suisse Jess SmithGood morning from the Financial Times. Today’s Wednesday, July 27th, and this is your FT News Briefing. [MUSIC PLAYING] Europe’s scandal-prone lender, Credit Suisse, is getting a new chief executive. Inflation . . .
April 30, 2022
The logo of Swiss bank Credit Suisse is seen at a branch office in Bern, Switzerland October 28, 2020. REUTERS/Arnd Wiegmann/File Photo Register now for FREE unlimited access to Reuters.com Register April 30 (Reuters) – A group of people and entities have filed a class action lawsuit against Credit Suisse