UBS faces buyers after shotgun Credit score Suisse merger
ZURICH, April 5 (Reuters) – UBS (UBSG.S) will search to reassure shareholders on Wednesday that its sudden takeover of rival…
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Morning Bid: Crude reduce complicates Q2
A have a look at the day forward in U.S. and world markets from Mike Dolan An aggravating bounce in…
Banks too reluctant to faucet money buffers in a disaster, Financial institution of England says
LONDON, April 3 (Reuters) – Banks are overly reluctant to faucet their money buffers in unstable markets, fearing hostile response…
Swiss sight deposits fall, suggesting Credit score Suisse, UBS took much less emergency assist
ZURICH, April 3 (Reuters) – Sight deposits held by the Swiss Nationwide Financial institution declined final week, knowledge confirmed on…
Britain’s banks urge Financial institution of England to maintain small firm capital rule
LONDON, April 3 (Reuters) – Forcing banks to put aside extra capital in case loans to small and medium-sized corporations…
StanChart completes deliberate redemption of $1 bln shock-absorbing bond
LONDON, April 3 (Reuters) – Customary Chartered (STAN.L) has redeemed a $1 billion so-called further tier one (AT1) bond in…
EY fined, banned from some audits in Germany over Wirecard scandal
BERLIN, April 3 (Reuters) – Germany’s accounting watchdog on Monday handed the 2016-2018 auditor of Wirecard, named within the firm’s…
UBS and Credit score Suisse shares drop as Swiss prosecutor investigates takeover
LONDON, April 3 (Reuters) – Credit score Suisse (CSGN.S) and UBS (UBSG.S) shares fell on Monday after Switzerland’s federal prosecutor…
World central banks sustain inflation struggle in March
LONDON, April 3 (Reuters) – The tempo of rate of interest hikes by main developed and rising market central banks…
Hedge funds retrench after getting pummeled throughout wild March
LONDON/NEW YORK/HONG KONG, March 31 (Reuters) – March’s market turmoil has compelled many macro and trend-following hedge funds to chop…