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Posted 20/03/2023

UBS Buys Credit Suisse for $3.2 Billion with Huge Support by Swiss National Bank

UBS on Sunday agreed to purchase Credit Suisse for 3 billion Swiss francs (approx....

Posted 19/03/2023

UBS Asks Swiss Government to Cover $6 Billion for Credit Suisse Takeover

UBS AG is asking the Swiss government’s aid to cover $6 billion if it...

Posted 18/03/2023

JPMorgan Says Fed’s Rate Hike Is Over as Focus Shifts to Bringing Stability to Financial System

J.P. Morgan expected the U.S. Federal Reserve to pause interest rate hikes in the...

Posted 18/03/2023

Gold Rises 2% as Traders Seek Safe Haven amid Turmoil in US Banking Sector

Prices for safe assets surged on Friday amid uncertainties in the global market, especially...

Posted 17/03/2023

SVB Financial Group Files for Chapter 11 Bankruptcy Protection as Support from Regulators Fail

SVB Financial Group, the parent company of the collapsing Silicon Valley Bank, announced on...

Posted 17/03/2023

US Threatens TikTok Ban unless Chinese Owners Divest Stakes

The owner of the Chinese app TikTok said the White House has demanded them...

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