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…
2023
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…
Kremlin Tells Officials To Stop Using IPhones – Kommersant Newspaper
MOSCOW (Reuters) -The Kremlin told officials involved in preparations for Russia’s 2024 presidential election to stop using Apple iPhones because…
Relief Over Credit Suisse Rescue Short-lived As Bank Shares Plummet
By Amanda Cooper, Scott Murdoch and Tom Westbrook (Reuters) -Banking stocks and bonds plummeted on Monday after UBS Group sealed…
Credit Suisse, UBS Deal: What You Need To Know
(Reuters) – UBS agreed to buy rival bank Credit Suisse for 3 billion Swiss francs ($3.23 billion) and assume up…
Shocked Credit Suisse Staff Fear Uncertain Future Despite UBS Rescue Deal
By Yantoultra Ngui, Summer Zhen and Selena Li SINGAPORE/HONG KONG (Reuters) – Credit Suisse staff arriving to work in Hong…
Relief Over Credit Suisse Deal Crumbles As Focus Shifts To Bond Risks
By Stefania Spezzati, Scott Murdoch and Tom Westbrook (Reuters) -Banking stocks tumbled on Monday as initial relief over a historic…