Analysis-Credit Suisse collapse threatens Switzerland’s wealth management crown
By John Revill ZURICH (Reuters) – The fall of Credit Suisse has dealt a serious blow to Switzerland’s credentials as…
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First Republic leads surge in bank stocks as Fed comes into focus
By David French, Nupur Anand and Lananh Nguyen (Reuters) – Shares of U.S. regional lenders including battered First Republic Bank…
Credit Suisse rescue eases crisis fears, First Republic shares dive
By Noel Randewich, Medha Singh and Ankika Biswas (Reuters) – Shares of U.S. lender First Republic tumbled nearly 50% on…
Swiss central bank throws financial lifeline to Credit Suisse after shares pummelled
By Noele Illien, John Revill and Tom Sims (Reuters) – Swiss regulators pledged a liquidity lifeline to Credit Suisse in…
In Justice Jackson’s first ruling, US Supreme Court decides MoneyGram case
By Nate Raymond (Reuters) – In the first ruling written by President Joe Biden’s appointee Justice Ketanji Brown Jackson, the…
Analysis-Boom in European bank earnings hints at a rally with legs
By Joice Alves LONDON (Reuters) – Europe’s banks, which enjoyed a stellar fourth-quarter that yielded a surge in earnings growth…
Analysis-Competition hots up as British banks fight to keep earnings rising faster than costs
By Lawrence White, Iain Withers and Sinead Cruise LONDON (Reuters) – British banks face a tougher battle for mortgage customers…
Bank of America racked up $1.2 billion in penalties, settlements in 2022
By Lananh Nguyen NEW YORK (Reuters) – Bank of America Corp (BofA) amassed $1.2 billion in expenses for litigation and…
How to afford the big price tag of your lifetime ‘bucket list’
By Chris Taylor NEW YORK (Reuters) – Eytan Morgenstern is facing a very expensive dilemma. The 36-year-old public relations professional…
Exclusive: After multi-billion U.S. fund collapse, Germany’s Allianz eschews risk for safe bonds
By Tom Sims and John O’Donnell FRANKFURT (Reuters) – For years, Allianz, one of the world’s biggest investors, piled billions…