There is no Banking Crisis in Europe, French Finance Boss Insists
Europe’s banking sector is not in crisis despite the collapse of two major players on the continent, a sector official in France has said.
Credit Suisse
Crisis Averted? UBS Agrees To Buy Credit Suisse for $3.2 Billion
Authorities raced to get a deal in place before trading opened in Asia.
Credit Suisse Balks At $1 Billion Offer from UBS
Credit Suisse says the offer from UBS is too low.
Credit Suisse: Populist People’s Party Refuses to Back State Guarantee for $53 Billion Bailout
Credit Suisse shares tumble after forced merger with another bank rejected. Switzerland’s largest party said it was against a guarantee.
Summers: Likely an ‘Element of Contagion’ in Credit Suisse Issues, I’m Increasingly Worried about Financial Stability Problem
During an interview with Bloomberg on Wednesday, Harvard Professor, economist, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers argued that there is “probably an element of contagion” in Credit
Credit Suisse to Borrow up to 50 Billion Swiss Francs from Swiss National Bank
Credit Suisse announced it would borrow up to 50 billion Swiss francs from the Swiss National Bank in a move to strengthen its liquidity amid dwindling stock prices.
Amid Market Turmoil, Bank Contagion, UK Will Avoid Recession This Year, Govt Says
The UK’s independent economic forecasting body says the country is to avoid technical recession this year and will grow in coming years.
Credit Suisse Shares Crash as Banking Crisis Goes Global
Swiss banking giant’s shares fell to an all-time low on Wednesday.
Next Bank to Fail? Shares in Credit Suisse Fall to All-Time Low After Bank Admits ‘Material Weakness’
Warnings have emerged of a wider banking collapse, with a leading financial expert warning that Credit Suisse may be the next to fall.
Report: Credit Suisse Media Director Canned After Belligerent Incident at NYC Koreatown Restaurant
Credit Suisse has reportedly fired a media director after a video allegedly showed him causing a belligerent scene at an NYC restaurant.
Under Climate Activist Pressure, Credit Suisse Defunds Oil, Gas Industry by 41%
The global bank of Credit Suisse in the last two years has defunded the oil, gas, and coal industries by 41 percent due to Democrat-pushed theories of global warming.
EU’s Largest Political Blocs Consider Blacklisting Swiss Banks After Money Laundering Allegations
Groups representing over half of all members of the EU Parliament called to classify Switzerland as a high-risk money laundering country.
Leak Reveals Credit Suisse Allegedly Helped Strongmen and Shady Characters Evade Sanctions
A consortium of international journalists began reporting this weekend on the contents of a massive data leak from Credit Suisse that exposed 18,000 formerly secret bank accounts valued at over $100 billion in total.
Credit Suisse: Fed Must Crash Stocks, Homes, And Crypto To Fight Inflation
For decades, the Fed has helped pump up asset values and fought inflation by bringing down labor demand. What if it tries something very different?
Top Bank Chairman Resigns Over Claims he Broke Lockdown to Watch Tennis
Credit Suisse says its chairman has resigned following an internal investigation that reportedly found he had violated quarantine rules.
Credit Suisse Terminates Chinese Dissident’s Account over ‘Criminality’
Credit Suisse is allegedly closing a bank account operated by the Chinese artist Ai Weiwei due to his alleged “criminal record,” despite the dissident saying he has never been convicted of a crime, Ai told Reuters in an article published Tuesday.
Report: Harvard Has More Money Than Half of the World’s Countries
Recently published financial figures revealed that Harvard University has more money than half of the world’s countries. Harvard’s $38.3 billion endowment puts it ahead of 195 countries in terms of total wealth.
