HeadlinesReuters China Keeps Lending Benchmarks Unchanged In March, As Expected The Cheap InvestorMarch 19, 20230 SHANGHAI (Reuters) – China kept its benchmark lending rates unchanged for the seventh straight month in March, as expected, after…
HeadlinesReuters UBS To Take Over Credit Suisse, Central Banks Act On Liquidity The Cheap InvestorMarch 19, 20230 LONDON/NEW YORK (Reuters) – UBS sealed a deal to buy rival Swiss bank Credit Suisse in an effort to avoid…
HeadlinesReuters Oil Edges Up On Historic Swiss Banks Deal, Central Banks Support The Cheap InvestorMarch 19, 20230 By Florence Tan SINGAPORE (Reuters) – Oil prices rose on Monday after suffering their biggest weekly loss in months as…
HeadlinesReuters Stock Futures Nudge Higher On Credit Suisse Buyout The Cheap InvestorMarch 19, 20230 By Tom Westbrook SINGAPORE (Reuters) – U.S. stock futures rose in Asian trade on Monday in relief at a weekend…
HeadlinesReuters Credit Suisse Says $17 Billion Of Its Debt Now Worthless, Angering Bondholders The Cheap InvestorMarch 19, 20230 By Pablo Mayo Cerqueiro, Chiara Elisei and Davide Barbuscia LONDON/NEW YORK (Reuters) – Credit Suisse said 16 billion Swiss francs…
HeadlinesReuters World Markets Set For Relief After UBS Rescues Credit Suisse The Cheap InvestorMarch 19, 20230 By Dhara Ranasinghe and Amanda Cooper LONDON (Reuters) – Financial markets are poised for relief on Monday after UBS Group…
HeadlinesReuters Credit Suisse Writes Down $17 Billion Of Bonds To Zero, Angering Holders The Cheap InvestorMarch 19, 20230 By Pablo Mayo Cerqueiro and Chiara Elisei LONDON (Reuters) – Credit Suisse has written down its Additional Tier 1 bonds…
HeadlinesReuters UBS To Take Over Credit Suisse To Stem Global Crisis Of Confidence The Cheap InvestorMarch 19, 20230 BERN (Reuters) -UBS will take over Credit Suisse, Swiss authorities said on Sunday, in a deal to combine Switzerland’s top…
HeadlinesReuters UBS Close To Finalizing Deal For Credit Suisse -source The Cheap InvestorMarch 19, 20230 By Stefania Spezzati, Oliver Hirt and John O’Donnell (Reuters) – UBS is close to finalizing a deal to buy rival…
HeadlinesReuters Former Goldman Sachs CEO Blankfein Says US Banking Crisis Will Slow Growth The Cheap InvestorMarch 19, 20230 By Kanishka Singh WASHINGTON (Reuters) – Former Goldman Sachs CEO Lloyd Blankfein said on Sunday the banking crisis in the…