Among the biggest losers in the shotgun sale of Credit Suisse are investors in the firm’s riskiest bonds, known as AT1s, worth $17 billion. These money managers are set to be wiped out, potentially se...
03.19.2023 business-standard.com , yahoo.com , indiatimes.com and 7 sitesA U. S. judge said on Monday that JPMorgan Chase & Co ( JPM. N ) and Deutsche Bank AG ( DBKGn. DE ) must face lawsuits accusing them of enabling the sex trafficking of Jeffrey Epstein. The ruling by U...
03.20.2023 cnn.com , sky.com and 11 sitesA sharp sell-off of European banking shares resumed on Friday as market jitters about the health of the sector refused to go away. Germany’s Deutsche Bank was one of the worst hit, with shares down 14...
03.24.2023 Theguardian.com and 5 sitesThe proposed takeover of Credit Suisse by UBS – both Swiss banks – is expected to witness consolidation of the Indian operations of both the banks. While UBS and Credit Suisse are present in India in ...
03.20.2023 Indianexpress.com and 2 sitesSwitzerland’s largest bank, UBS, is reportedly in talks to take over its troubled rival Credit Suisse, a move that could ease growing concerns that the turbulence at the European banking behemoth could ripple through the global economy. Boards at Switzerland’s two biggest banks are meeting this weekend about plans to merge as early as Saturday evening, according a to a Financial Times report . The discussions are the latest development in more than a week of tumult and fears about the resilience...
03.18.2023 Washingtonpost.com and 2 sitesJP Morgan and Deutsche Bank knowingly profited from their ties to sexual predator Jeffrey Epstein, lawsuits allege A US judge has cleared the way for three lawsuits against banking giants JP Morgan an...
03.22.2023 Rt.com and 6 sitesUBS AG was mulling a takeover of its embattled Swiss peer Credit Suisse on Saturday, sources said, which could allay fears that an unfolding crisis at the bank might destabilise the global financial s...
03.18.2023 investing.com , yahoo.com and 255 sitesA US judge says JPMorgan Chase & Co and Deutsche Bank AG must face lawsuits accusing them of enabling Jeffrey Epstein's sex trafficking. The decision by US District Judge Jed Rakoff in Manhattan c...
03.20.2023 investing.com , independent.ie , nypost.com and 112 sitesHeartwood Wealth Advisors LLC raised its stake in shares of Costco Wholesale Co. (NASDAQ: COST – Get Rating) by 8. 1% in the 4th quarter, according to the company in its most recent disclosure with th...
03.21.2023 Defenseworld.net and 1217 sitesBy Sruthi Shankar and Amanda Cooper (Reuters) - Banking stocks fell sharply in Europe on Friday with heavyweights Deutsche Bank and UBS Group hit hard by worries that the worst problems in the sector since the 2008 financial crisis were not yet conta...
03.24.2023 yahoo.com , investing.com , ibtimes.com and 90 sites