Swiss banking giant UBS on Sunday has entered talks to buy its embattled rival Credit Suisse for “substantially” more than 1 billion Swiss francs, sources told CNBC’s David Faber. The...
UBS agreed to buy its embattled rival Credit Suisse for 3 billion Swiss francs ($3.2 billion) Sunday, with Swiss regulators playing a key part in the deal as governments...
Euler Finance lost approximately $200 million in the flash attack earlier this week. Omniscia, the auditing partner of Euler Finance, has released a post-mortem report on...
Bank stocks were under pressure on Wednesday as the sharp drop of Credit Suisse rattled a segment of the market that was already reeling from two large bank...
Meta is trying to improve its business model with fewer workers and more efficiency —and moving the metaverse to a long-term vision. In the face of...
Asset managers like BlackRock are not “the environmental police,” Larry Fink said in his annual chairman’s letter to investors, which was published on Wednesday. “As I have said consistently over...
Things are not going well for Anchorage Digital. The crypto bank just announced a 20% cut in its staff, citing regulatory uncertainty. On March 14, the...
Credit Suisse — U.S.-listed of Credit Suisse plunged nearly 14% after its biggest backer, Saudi National Bank, said it won’t provide the Swiss bank with further financial help. Credit...
The cryptocurrency market exploded in the past day, with many altcoins charting massive double-digit gains. The past 24 hours were a complete rollercoaster throughout the cryptocurrency...
Goldman Sachs on Wednesday lowered its 2023 economic growth forecast, citing a pullback in lending from small- and medium-sized banks amid turmoil in the broader financial...
