Credit Suisse faces restrictions on business till deal closure
Credit Suisse Group AG faces certain restrictions in its ability to do business until its acquisition by rival
2023-05-17 08:28
UBS sets aside $4 billion for potential lawsuits on Credit Suisse deal
(Reuters) -Swiss bank UBS Group AG has set aside $4 billion in provisions for potential litigation and regulatory issues stemming
2023-05-17 06:45
Americans' debt surpasses $17 trillion for the first time
Americans' debt levels continue to climb to new heights at a time when economic conditions are becoming increasingly less stable.
2023-05-15 23:25
Australia's Newcrest supports Newmont's $17.8 billion offer
By Scott Murdoch and Himanshi Akhand (Reuters) -Australian gold miner Newcrest Mining Ltd said on Monday it would back Newmont
2023-05-15 06:45
U.S. bank deposits rise in early May, lending little changed at record high
Deposits at U.S. banks climbed in early May, ticking up from the lowest level in nearly two years
2023-05-13 04:47
UBS CEO: Credit Suisse no longer seeing outflows
LUCERNE, Switzerland (Reuters) -UBS Chief Executive Sergio Ermotti said on Friday that the situation at Credit Suisse has stabilized and
2023-05-12 16:56
Newcrest extends exclusivity period for Newmont's $20 billion buyout offer
(Reuters) -Newcrest Mining Ltd said on Friday it has extended the exclusivity period by a week for Newmont Corp to
2023-05-12 06:57
US inflation below 5% for first time in two years
Prices rose 4.9% over the 12 months to April, the latest figures show.
2023-05-10 21:16
US credit crunch didn't start with SVB collapse, and may not end there
By Howard Schneider WASHINGTON It wasn't the March 10 collapse of Silicon Valley Bank that prompted Carissa Rodeheaver,
2023-05-10 18:20
Credit Suisse CEO Ulrich Körner to join UBS board
UBS Group said on Tuesday that Credit Suisse CEO Ulrich Körner will stay on after the takeover of its Swiss rival as part of a new leadership team of the combined group.
2023-05-09 19:59
UBS says Credit Suisse CEO Koerner to join leadership of combined group
ZURICH UBS Group said on Tuesday Credit Suisse CEO Ulrich Koerner will join the executive board of the
2023-05-09 13:21
Banks tighten credit terms, see loan demand drop, Fed survey shows
U.S. banks tightened credit standards over the first months of the year and saw weakness in loan demand
2023-05-09 02:46