By Alexandra Hudson and Tom Sims ZURICH (Reuters) – Swiss lawmakers on Friday vowed to bring those responsible for Credit Suisse’s problems to account and …
ZURICH (Reuters) – Credit Suisse sees its access to 50 billion Swiss francs ($53.98 billion) of central bank funding as “precautionary liquidity” to allow the …
LONDON (Reuters) – The collapse of Silicon Valley Bank last week and the turmoil around Credit Suisse do not pose a direct threat to Latin …
(Corrects the source of the interview in first paragraph) ZURICH (Reuters) – Credit Suisse Chief Executive Ulrich Koerner spoke of the strength of the Swiss …
TAIPEI (Reuters) – The Taiwanese financial sector’s exposure to Credit Suisse is low and “controllable”, the island’s financial regulator said on Thursday. Taiwanese insurers – …
ZURICH (Reuters) – The Swiss National Bank confirmed on Thursday that it will provide liquidity to Credit Suisse against sufficient collateral. “Within the framework of …
ZURICH (Reuters) – Credit Suisse is to borrow up to $54 billion from the Swiss central bank to bolster liquidity and reassure investors after its …
By Makiko Yamazaki TOKYO (Reuters) – The head of Japan’s banking lobby said on Thursday that there are no signs at the moment of the …
(Reuters) – India’s banking sector will likely have a softer impact from the troubles at Credit Suisse, given the Swiss lender’s relatively small presence in …
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Traders piled into U.S.-listed options on Credit Suisse at a record pace on Wednesday, as worries over …
(Reuters) – Swiss authorities and Credit Suisse Group AG are discussing ways to stabilize the bank, Bloomberg reported on Wednesday, citing people familiar with the …
NEW YORK, NY – Police are searching for a suspect who used stolen credit cards at a Halal meat market near Prospect Park last Wednesday. …
ZURICH (Reuters) – Credit Suisse group’s executive board took home 32.2 million Swiss francs ($35.27 million) in fixed compensation while collectively forgoing a bonus for …
(Reuters) – Rating’s agency Moody’s on Friday downgraded the ratings of SVB Financial Group and its bank subsidiary, Silicon Valley Bank. Moody’s slashed its credit …
ZURICH (Reuters) -Credit Suisse shares hit a new all-time low in early trading on Friday as the European banking sector suffered the fallout from a …
By Selena Li HONG KONG (Reuters) – Credit Suisse has received regulatory green light from China after years of waiting to launch a full-fledged wealth …
TOKYO (Reuters) – Nissan Motor Co Ltd’s credit rating was cut to junk status by S&P Global Ratings on Tuesday, which said the Japanese automaker’s …
By Niket Nishant (Reuters) – A U.S. consumer watchdog’s proposal to slash late fees on credit cards is facing a rough road ahead as lenders …
BRASILIA (Reuters) – The Brazilian government is closely monitoring the credit market to ensure liquidity and considering measures for specific sectors, Treasury Secretary Rogerio Ceron …
By Carolina Mandl NEW YORK (Reuters) – Investors such as pension funds and family offices plan to increase allocations to credit and global macro hedge …
By Chiara Elisei LONDON (Reuters) – Private credit and infrastructure investments across emerging and developing markets surged to record levels in 2022 as borrowers looked …
SEOUL (Reuters) – South Korea’s household credit shrank in the fourth quarter of 2022, its first quarterly decline in nearly a decade, central bank data …
SINGAPORE (Reuters) – Credit Suisse Singapore chief executive officer, Chien Chien Wong, is leaving to pursue outside interests, according to a memo seen by Reuters, …
NEW YORK, NY – Police in Brooklyn are trying to identify a man wanted for a break-in and burglary at home near Avenue U and …
By Mayela Armas CARACAS (Reuters) – Credit cards are becoming increasingly useless in Venezuela because of high inflation and government restrictions, hurting people already struggling …
LONDON (Reuters) – Nine global banks have invested a total of $45 million in a new platform to help scale up transactions of voluntary carbon …
As inflation continues to cripple the average New Jerseyan, business owners are also suffering. Many business owners have resorted to charging credit card surcharges in …
WILKES-BARRE, PA – Police in Wilkes-Barre are alerting customers and residents at the Bravo Supermarket on Main Street about a credit card skimmer device found …
(Reuters) – Tesla Inc raised prices in the United States of its best-selling vehicle, the Model Y, by $1,000 after the government raised the ceiling on …
An eight-count indictment was unsealed today in federal court in Brooklyn charging Marat Lerner, president of the Lerner Group, with conspiracy to commit wire fraud, …
ZURICH (Reuters) -Credit Suisse is seeing a reversal of outflows, CEO Ulrich Koerner said in an interview with CNBC in Davos on Wednesday. “Outflows have …
NEWARK, N.J. – A manager for a conspiracy that used stolen credit card information to make fraudulent retail purchases around the United States pleaded guilty …
By Nell Mackenzie LONDON (Reuters) – Hedge fund manager Boaz Weinstein doesn’t believe Credit Suisse will default on its debt but if it does, the …
By Divya Chowdhury and Lisa Pauline Mattackal DAVOS, Switzerland (Reuters) – SkyBridge Capital is betting on a sustained turnaround in cryptocurrency markets in 2023, the …
(Reuters) – Swiss lender Credit Suisse is looking to cut more than 10% of its staff of European investment bankers this year, the Financial Times …
Consumers Are Paying Record Credit Card Rates Thanks To Sky-High Inflation John Hugh DeMastri on January 11, 2023 Average interest rates for bank-issued credit cards …
‘We Will Get It Over The Line:’ Red State Lawmaker Pushes Heartbeat Bill And Tax Credit For Pregnancy Centers Kate Anderson on January 11, 2023 …
WASHINGTON (Reuters) – World Bank President David Malpass said on Tuesday that the lender is not considering giving up its top-tier credit rating as a …
(Reuters) – Credit Suisse Group AG is close to an agreement to acquire former Citigroup executive Michael Klein’s advisory boutique, Bloomberg News reported on Monday. …
By Hannah Lang (Reuters) – The U.S. Consumer Financial Protection Bureau (CFPB) on Tuesday recommended that Experian, Equifax and TransUnion change how they respond to …
ZURICH (Reuters) – Credit Suisse’s client withdrawals have stabilised and reversed in some cases, Andre Helfenstein, the head of Credit Suisse’s Swiss business said in …
VERONIQUE DE RUGY: Here’s What Earned Income Tax Credit Proponents Get Wrong Veronique de Rugy on December 16, 2022 For some time now, legislators have …
ZURICH (Reuters) – Credit Suisse needs to execute its revamp successfully and end a string of negative headlines from Switzerland’s second-biggest bank, Swiss National Bank …
ZURICH (Reuters) – Zuercher Kantonalbank is not trying to poach clients from embattled Credit Suisse, the state-backed cantonal bank’s chief executive said in a newspaper …
PHILADELPHIA, PA – Philadelphia Police Department detectives are investigating a credit card skimming scam at a 7-11 and are searching for the suspect involved in …
By David Shepardson (Reuters) – U.S. Senator Joe Manchin, a Democrat who chairs the chamber’s energy panel, asked the Treasury Department on Tuesday not to …
By Summer Zhen and Selena Li Hong Kong (Reuters) – Carsten Stoehr, Credit Suisse’s chief executive for its Greater China business, is leaving the bank, …
FRANKFURT (Reuters) – The European Central Bank will increase scrutiny over how banks manage credit risk and diversify funding, it said on Monday while outlining …
ALEXANDRIA, Va. – A federal jury convicted a Washington, D.C. woman today on multiple charges of conspiracy to commit bank fraud, bank fraud, trafficking in …
(Reuters) – A former trader at JPMorgan Chase & Co and Credit Suisse was convicted of fraud in U.S. court on Friday for scheming to …