International Finance News and Updates – International Business Times, Singapore
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UBS said it will go ahead with the full integration of the Credit Suisse banking operations in Switzerland.
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The Fed has raised rates by 5.25 percentage points since March 2022, and inflation by the Fed's preferred gauge has...
S&P said the factors like the possibility of the Fed maintaining high interest rates for an extended period and the...
The downgraded banks include M&T Bank, Pinnacle Financial Partners, Prosperity Bank and BOK Financial Corp.
Only about 20 bankers will be spared the cuts that will impact Credit Suisse's 100-strong investment banking team in...
The SNB lost 8.08 billion francs on its foreign currency positions of 742 billion francs as bond prices fell as...
Rose's resignation comes in the wake of the revelation by former Brexit party leader Nigel Farage that his account at a...
The Wall Street giant also suffered from nearly $1 billion in impairment charges on consumer and commercial real estate...
Spaht said that as part of Nasdaq, Adenza will be in a stronger position to build on its impressive momentum and serve...
The financial loss includes $13 billion from fair value adjustments of assets and liabilities and $4 billion spent on...
Analysts point out that 25 banks failed in 2008, triggering the great banking crisis that eventually led to the crash...
Of the $13.3 billion Berkshire raised in the first quarter selling stock, it invested only about half in the market.
PacWest Bancorp's shares sank after investors were spooked over reports of an...
Apple said users of its Apple Card can earn 4.15% on savings accounts, or 10...
JPMorgan CEO Jamie Dimon said the acquisition of First Republic by JPMorgan...
JPMorgan Chase and Bank of America were among the banks that were part of a $30...
FDIC, the Treasury Department and the Federal Reserve are working on various...
The surge of panic that spread on social media, especially Twitter and...
$90 billion worth of securities and other assets of SVB will remain in the...
The academic report says that unrealized losses at US banks were at $1.7...