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News
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Mar 20 |
Banking stocks fall despite Credit Suisse deal relief
Posted by on 20 March 2023 06:53 AM |
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Banking stocks tumbled this morning as initial relief over a historic state-backed rescue of troubled lender Credit Suisse by Swiss rival UBS Group gave way to new worries about the risks of high-yield debt issued by big banks.
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Mar 19 |
Credit Suisse: How did it get to crisis point?
Posted by on 19 March 2023 10:55 AM |
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Credit Suisse Group Chief Financial Officer Dixit Joshi and his team are holding meetings over the weekend to assess strategic scenarios for the embattled Swiss bank as it enters a make-or-break weekend.
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Mar 15 |
Credit Suisse: Scandals and market panic
Posted by on 15 March 2023 07:45 PM |
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Credit Suisse shares went into free fall today, as the banking giant battered by a series of scandals, was seen as the "weakest link" in the Swiss banking sector.
Read more » | |
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Mar 14 |
ChatGPT update more 'human': company says
Posted by on 14 March 2023 07:49 PM |
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The company behind the ChatGPT app that churns out essays, poems or computing code on command has released a long-awaited update of its artificial intelligence (AI) technology.
Read more » | |
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Mar 12 |
UK races to minimise damage from SVB collapse
Posted by on 12 March 2023 12:56 PM |
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British Chancellor Jeremy Hunt said he was working with Prime Minister Rishi Sunak and Bank of England Governor Andrew Bailey to "avoid or minimise damage" resulting from the chaos engulfing the UK arm of Silicon Valley Bank.
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Mar 9 |
US and EU to begin talks on free-trade-like status
Posted by on 09 March 2023 02:26 AM |
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US President Joe Biden and European Commission President Ursula von der Leyen are expected to agree to begin negotiations on ensuring free-trade agreement-like status for the European Union, according to sources.
Read more » | |
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