Oil Prices Rebound After Hitting Lowest Since 2021 On Banking Fears
By Stephanie Kelly NEW YORK (Reuters) -Oil prices bounced up on Monday in volatile trade after diving to their lowest…
March 20, 2023
FTX Sues Liquidators Of Its Bahamian Affiliate Over Crypto Exchange Ownership
By Dietrich Knauth (Reuters) -Bankrupt crypto exchange FTX has sued the liquidators overseeing the wind-down of its Bahamian affiliate FTX…
BlackRock Investment Institute downgrades credit, favors short-term bonds for income
(Reuters) – BlackRock Investment Institute said on Monday it was downgrading credit and preferred short-term bonds for income, with strategists…
Former Kingsdale executive Fein launches new proxy solicitation firm
NEW YORK (Reuters) – A former top executive at proxy solicitor Kingsdale Advisors on Monday said he launched a new…
Amazon To Cut 9,000 Jobs In Second Round Of Layoffs
(Reuters) -Amazon.com Inc on Monday said it would axe another 9,000 roles totaling 27,000 job cuts in recent months, trimming…
Boaz Weinstein’s Trade Looks Set To Flourish On Credit Suisse Demise
(Refiles to remove extraneous comment from paragraph 11) By Nell Mackenzie LONDON (Reuters) -Hedge fund manager Boaz Weinstein pinned hopes…
Giant Bank Deal Triggers Political Backlash In Switzerland
By John Revill ZURICH (Reuters) – Switzerland’s two biggest political parties sharply criticized UBS’s takeover of Credit Suisse saying multi-billion…
Futures Seesaw On Bank Worries, Rate-hike Pause Hopes
By Shubham Batra and Amruta Khandekar (Reuters) – U.S. stock index futures struggled for direction on Monday as investors weighed…
Credit Suisse rescue presents ‘buyer beware’ moment for bank bondholders
By Tom Westbrook SINGAPORE (Reuters) – The rudest shock in the rushed deal to save embattled Swiss lender Credit Suisse…
Factbox-What Can The ECB Do To Stop The Banking Crisis?
FRANKFURT (Reuters) – A Swiss orchestrated rescue of Credit Suisse by rival UBS has failed to calm nerves as investors…