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…
Headlines
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…
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,…
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…