Credit

NEW YORK (Reuters) – Wells Fargo hired former Credit Suisse banker Jill Ford as its head of equity capital markets, the bank said in a statement. Ford is based in New …

(Reuters) – Credit Suisse clients withdrawing their money as the bank headed for collapse likely accounts for the first significant balance sheet contraction in a decade for all banks in …

NEW YORK CITY, NY – On Saturday, August 19, at around midnight, a robbery occurred at Amsterdam Billiards located at 110 East 11th Street. The New York City Police Department …

CAMBRIDGE, MD – James Cecil McCoy, a 45-year-old resident of Cambridge, was served a Criminal Summons by the Cambridge Police Department last Friday at approximately 6:30 am. Officers located McCoy …

ZURICH (Reuters) – UBS expects around 1,000 jobs to go from integrating Credit Suisse’s Swiss business, Credit Suisse (Schweiz), and an additional 2,000 redundancies in Switzerland over the next couple …

ZURICH (Reuters) – UBS and Inside Paradeplatz have settled a lawsuit initially brought against the popular Zurich based finance blog by Credit Suisse, the publication said on Tuesday. As part …

BERLIN (Reuters) – Credit Suisse, which is now a subsidiary of UBS, posted a loss of 3.5 billion Swiss francs ($4.0 billion) in the second quarter of 2023, according to …

LAUREL, DE – On Thursday, the Delaware State Police arrested Ernest Ashlet, 19, and Sebastien Mombes, 30, both from Orlando, Florida, for attempting to purchase car parts with fraudulent credit …

By Katherine Masters and Ananya Mariam Rajesh (Reuters) – Major U.S. department stores including Macy’s and Nordstrom are flagging delays in store credit card repayments, another risk to revenues as …

STATEN ISLAND, NY – The New York City Police Department is looking for information regarding an incident involving grand larceny that occurred on Monday, July 31. A 26-year-old female reported …

TRENTON – In a move aimed at enhancing transparency and fairness for consumers, Governor Phil Murphy has signed A4284/S3508 into law, a legislation that prohibits certain surcharges for credit card …

(Reuters) – Ratings agency Moody’s Investors Service downgraded utility Hawaiian Electric Industries’s credit rating to junk status on Friday, the second such cut this week as investors worried about the …

By Chris Prentice and Brenna Hughes Neghaiwi NEW YORK/ZURICH (Reuters) – Swiss lender Credit Suisse did not review all available records when it conducted an internal probe into the historical …

By Matt Tracy WASHINGTON (Reuters) – The credit quality of U.S. middle market collateralized loan obligations (CLOs), major sources of debt funding for mid-sized companies, has worsened only slightly even …

GAMBRILLS, MD – Officers responded to a robbery report on Monday, at approximately 4:15 p.m. outside the Navy Federal Credit Union situated at 1356 Main Chapel Way in Gambrills. The …

CAMP HILL, PA – On Thursday, August 3, at approximately 6:40 p.m., a local resident’s wallet was reportedly stolen. The incident occurred in the photo booth at the Capital City …

LONDON (Reuters) – Credit distress at Chinese private developer Country Garden is likely to spill over to the country’s property and financial markets, weakening sentiment and delaying the recovery of …

(Reuters) – U.S. bank Wells Fargo said on Monday Malcolm Price has joined its corporate and investment bank (CIB) as the head of financial sponsors, after 35 years at Credit …

SAO PAULO (Reuters) – Amazon.com will launch a credit card offering in Brazil, in a partnership with Brazilian lender Banco Bradesco SA, the bank’s chief executive said on Friday, as …

NEW YORK (Reuters) – Big investors, such as pension funds and insurance companies, are willing to increase their allocation to credit and equity hedge funds through the rest of this …