Tag: Banks & credit institutions
Swiss govt silent on Credit Suisse meeting – US regulator asks for SVB and Signature bids by Friday
Association: Treasurers must not underestimate the situation The Association of German Treasurers (VDT) warns those responsible for finance in companies not to underestimate the current situation. Even if they are…
Big US banks are helping the ailing First Republic Bank
Traders on the New York Stock Exchange First Republic Bank stock fell more than 30 percent on Wednesday. (Photo: Reuters) new York The big US institutions support the ailing First…
The hidden dangers of the turnaround in interest rates
crisis of confidence The many turbulences on the financial market are increasing concerns about a new banking crisis. With the collapse of the Silicon Valley Bank last weekend, fears of…
The hidden dangers of the turnaround in interest rates
crisis of confidence The many turbulences on the financial market are increasing concerns about a new banking crisis. With the collapse of the Silicon Valley Bank last weekend, fears of…
New worries – old Dax forecasts
downturn in the stock market With their quick action, politicians, supervisors and central bankers prevented the big crash, says Andrea Cunnen. Just over a week ago, banks looked pretty old…
Central bank aid stops Credit Suisse’s slide – bank stocks are up across Europe
Credit Suisse in Zurich The SNB’s support quickly had an effect on the markets. (Photo: Getty Images) Frankfurt, New York, Zurich The Swiss National Bank (SNB) has stopped the recent…
First Republic Bank: Major US banks are apparently considering a takeover deal
Traders on the New York Stock Exchange First Republic Bank stock fell more than 30 percent on Wednesday. (Photo: Reuters) new York The fear of further bank failures has not…
Chaos at Credit Suisse triggers price roller coaster in bank stocks
Dusseldorf A few words from Ammar Al Khudairy were enough to throw Credit Suisse into chaos. On Wednesday, the head of the supervisory board of the Saudi National Bank, currently…
Olaf Scholz sees no danger of a new financial crisis
Olaf Scholz The Chancellor does not expect a new banking crisis. (Photo: Jonas Holthaus for Handelsblatt) Berlin Federal Chancellor Olaf Scholz (SPD) sees no new financial crisis looming in Germany…
Big US banks are considering a deal with ailing First Republic Bank
Association: Treasurers must not underestimate the situation The Association of German Treasurers (VDT) warns those responsible for finance in companies not to underestimate the current situation. Even if they are…
Central bank aid stops Credit Suisse’s slide – bank stocks are up across Europe
Frankfurt, New York, Zurich The Swiss National Bank (SNB) has stopped the recent price losses of the share with billions in liquidity aid for the ailing Credit Suisse. Credit Suisse…
Bafin initiates special tests against Hauck Aufhäuser Lampe and Varengold Bank
Headquarters of the Varengold Bank in Hamburg The institute is a well-known name in criminal proceedings relating to tax offences. (Photo: Varengold Bank AG) Dusseldorf The financial regulator Bafin wants…
ECB inquires about commitments from European banks to Credit Suisse
Frankfurt The banking supervisory authority of the European Central Bank (ECB) has launched a survey of the largest European financial institutions about their commitment to Credit Suisse. This involves, for…
Swiss government advises on Credit Suisse
Association: Treasurers must not underestimate the situation The Association of German Treasurers (VDT) warns those responsible for finance in companies not to underestimate the current situation. Even if they are…
JP Morgan speculates about Credit Suisse takeover by UBS
Association: Treasurers must not underestimate the situation The Association of German Treasurers (VDT) warns those responsible for finance in companies not to underestimate the current situation. Even if they are…
Banks: Credit Suisse borrows up to CHF 50 billion from the Swiss National Bank
Entrance area of the Swiss National Bank Credit Suisse wants to take out loans of up to CHF 50 billion from the SNB. (Photo: imago images/Andreas Haas) Zurich Surprising turnaround…
Banks poised for more rate hikes
WSJ: US Federal Reserve considers tougher rules for mid-sized banks According to a newspaper report in the Wall Street Journal, the US Federal Reserve wants to reconsider a number of…
Banks poised for more rate hikes
WSJ: US Federal Reserve considers tougher rules for mid-sized banks According to a newspaper report in the Wall Street Journal, the US Federal Reserve wants to reconsider a number of…
Turbulence at Credit Suisse: Asian markets with losses
Tokyo Stock Exchange Investors in Asia are eyeing Europe and the US with concern. (Photo: dpa) Tokyo Worries about the global banking sector hit Asian stock markets again on Thursday.…
Credit Suisse shares slumped by 30 percent at times
Zurich, Frankfurt Credit Suisse stock plummeted on Wednesday. In the wake of this development, the shares of other European banks also lost and dragged the markets down overall. After the…