The domestic market remains fairly strong, which should support growth. The corporate sector is likely to see a pick-up as the focus on infrastructure will revive owing to the government’s push, SBI told brokerage firm...
Credit Suisse’s acquisition by UBS involved a team headed by Credit Suisse’s chief financial officer (CFO) Dixit Joshi
The deal will include the purchase of $38.4 billion in Signature Bank's assets, a little more than a third of Signature's total when the bank failed a week ago
The bank has announced that it will exchange the senior unsecured bail-in notes which are due in March 2028 and March 2032 at the re-offer price
UBS is paying $3.25 billion for its rival in an all-share deal
Post the Swiss deal, the world's central bank announced coordinated financial moves to stabilize banks in upcoming week
Yellen, in an excerpt of remarks prepared for delivery to the American Bankers Association on Tuesday, says that overall “the situation is stabilizing."
Credit Suisse enters a crucial weekend with UBS ready for acquisition talks
After Silicon Valley Bank and Signature Bank failed and were seized by the federal government, the industry's overseers worried about more dominoes falling
President Joe Biden on Friday called on Congress to allow regulators to impose tougher penalties on the executives of failed banks, including clawing back...
Das, without naming the US bank, said that on the face of it, one of them had unmanageable deposits in excess of their assets side business
SVB Financial Group is no longer affiliated with Silicon Valley Bank after its seizure by the Federal Deposit Insurance Corp
Credit Suisse is the first major global bank to be given an emergency lifeline since the 2008 global meltdown and its problems have raised doubts over whether...
Bigger banks are injecting funds into First Republic in a bid to shore up confidence in the banking system
The proposed class action accuses Credit Suisse of deceiving investors by failing to inform that it was “suffering from significant customer outflows"
SVB, the 16th largest bank in the United States, was closed last Friday by the California Department of Financial Protection and Innovation, which later...
Silicon Valley Bank, the 16th largest market in the US, was closed by the US banking regulators last week due to a bank run worth $42 billion
Credit Suisse stock dropped about 30 per cent, to about 1.6 Swiss francs ($1.73), before clawing back to a 24 per cent loss at 1.70 francs ($1.83) in late...
Ananda Mahindra's viral tweet on the world's banking system has not just left Twitterati in splits but also started a new debate amid the Silicon Valley Bank...
BREAKING: Credit Suisse is reportedly planning to raise around $54 billion from Swiss Central Bank amid rising financial trouble and the SVB crisis in the US...
The abrupt failure of SVB last week had left many startups, tech companies, entrepreneurs and VC funds nervous and jittery about their deposits
A person familiar with the matter told The Associated Press, The Justice Department, and the Securities and Exchange Commission have launched investigations...
Credit ratings issued by agencies present just one way of looking at a company's financial health and should not be seen as investment ideas in itself
Silicon Valley Bank Crisis: Announcing that the bank is open for business, the new CEO of Silicon Valley Bridge Bank has asked for support to help protect the...
Amid Silicon Valley Bank (SVB) crisis, global investment bank Credit Suisse has flagged these ‘material weaknesses’ in its internal controls primarily over...
