Japan Says Banking System Stable, Plays Down Risk Of Contagion
By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) -Japan’s top government spokesperson said on Monday the banking system was stable,…
2023
Succession 101: Money lessons from TV’s dysfunctional empire
By Chris Taylor NEW YORK (Reuters) – There are a lot of guilty pleasures out there, but here is one…
Analysis-Big Money Captivated By Banking Drama As Investors Brace For More Turmoil
By Svea Herbst-Bayliss and Lawrence Delevingne NEW YORK/BOSTON (Reuters) – Hedge funds managers and other large investors believe it is…
China Keeps Lending Benchmarks Unchanged In March, As Expected
SHANGHAI (Reuters) – China kept its benchmark lending rates unchanged for the seventh straight month in March, as expected, after…
UBS To Take Over Credit Suisse, Central Banks Act On Liquidity
LONDON/NEW YORK (Reuters) – UBS sealed a deal to buy rival Swiss bank Credit Suisse in an effort to avoid…
Oil Edges Up On Historic Swiss Banks Deal, Central Banks Support
By Florence Tan SINGAPORE (Reuters) – Oil prices rose on Monday after suffering their biggest weekly loss in months as…
Stock Futures Nudge Higher On Credit Suisse Buyout
By Tom Westbrook SINGAPORE (Reuters) – U.S. stock futures rose in Asian trade on Monday in relief at a weekend…
Credit Suisse Says $17 Billion Of Its Debt Now Worthless, Angering Bondholders
By Pablo Mayo Cerqueiro, Chiara Elisei and Davide Barbuscia LONDON/NEW YORK (Reuters) – Credit Suisse said 16 billion Swiss francs…
World Markets Set For Relief After UBS Rescues Credit Suisse
By Dhara Ranasinghe and Amanda Cooper LONDON (Reuters) – Financial markets are poised for relief on Monday after UBS Group…
Credit Suisse Writes Down $17 Billion Of Bonds To Zero, Angering Holders
By Pablo Mayo Cerqueiro and Chiara Elisei LONDON (Reuters) – Credit Suisse has written down its Additional Tier 1 bonds…