Markets

  Credit Suisse merges with UBS Credit Suisse has announced that its Additional Tier 1 (AT1) debt, amounting to 16 billion Swiss francs ($17.24 billion), ……Read More

Bank shares fall again Despite major interventions in the US and Europe, investors remain unconvinced of a positive outcome at the end of a hectic ……Read More

SVB Financial Group files for bankruptcy SVB Financial Group, the former owner of the now-defunct Silicon Valley Bank, which was taken over by the US ……Read More

US threatens TikTok ban The Wall Street Journal has reported that the US government is threatening to ban the popular app TikTok if its Chinese ……Read More

  Credit Suisse drops over 20% On Wednesday, European banks experienced another round of heavy losses in their shares. Credit Suisse, in particular, hit record ……Read More

  Former Treasury Secretary Lawrence Summers speaks about Silicon Valley Bank The collapse of Silicon Valley Bank (SVB) could have severe consequences for the innovation ……Read More