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CREDIT SWISS
Cover in Dubai, dollars in India, foreign banks are ready to playOverseas banks are finding a clever way to tap India's dollar demand without exceeding exposure limits. They're asking Indian banks to issu...- Quote of the day from Robert Downey Jr thanking his wife: 'She found me a snarling rescue pet, and loved me back to life. That is why I am here' ; lesson on importance of unconditional love from Iron Man starRobert Downey Jr. credited his wife, Susan, with saving him during his Oscar acceptance speech, likening her to a rescuer who loved him bac...
- Under the radar: These less-than-stars have made an impact at the FIFA World CupThe World Cup is showcasing unheralded players alongside global stars. Livano Comenencia scored Curacao's first World Cup goal. Boualem Kho...
- Franklin Resources' Wamco to pay $100 million SEC fine over former star manager's tradesWestern Asset Management, a unit of Franklin Resources, will pay $100 million to settle SEC charges tied to a $600 million cherry-picking s...
- Blackstone private credit fund caps withdrawals as redemption requests surgeAfter investors sought to pull out 10% of shares in the second-quarter tender offer, compared to 7.9% in the previous quarter, the $79 bill...
- BoB looks to sell Rs 2,700 crore of NPAs; taps ARCs, NBFCsBank of Baroda is selling a ₹2,776 crore portfolio of 41 stressed loans, including nine declared fraud accounts like Ushdev International a...
- India’s top banks failing to tackle climate risk as threats growIndia's major banks are disclosing more climate data but not using it for lending decisions. Physical climate risks like floods and heat ar...
- SoftBank profit more than triples to $12 billion on OpenAI stake gainsTechnology investor SoftBank Group reported a net profit of 1.9 trillion yen ($12.05 billion) for the January-March quarter, a significant ...
- Alphabet, Amazon tap overseas debt markets to fund AI infrastructure pushAs the race to dominate artificial intelligence heats up, major technology firms are escalating their borrowing. Alphabet plans to launch i...
- Quote of the day by Albert Einstein: 'If you want children to be intelligent, read them fairy tales. If you want them to be more intelligent, read them...'- The secret of how intelligence develops explained by the genius scientistThe quote of the day by Albert Einstein suggests that fairy tales help develop children’s intelligence by encouraging imagination and creat...
- Textile industry seeks removal of cotton import dutyIndia's textile sector faces challenges from high cotton prices and declining production. The industry is urging the government to cut impo...
- Quote of the day by Carl Jung: 'Life really does begin at 40. Up until then you are just doing research'Carl Jung believed the first 40 years of life are about learning and meeting society’s expectations. Real growth begins later, when people ...
- ED chargesheets UK national in probe against Videocon GroupThe Enforcement Directorate has filed charges against Sachin Dev Duggal, a British citizen, in a major bank loan fraud case involving the V...
- Swiss banks to test possible uses for Swiss franc stablecoinSix Swiss banks are collaborating to explore stablecoin uses. They will launch a digital sandbox in 2026 to test a Swiss franc-pegged stabl...
- How Swiss authorities bungled Credit Suisse oversightHobbled by a series of scandals and failed restructuring plans under successive management teams, Credit Suisse had experienced massive dep...
- Credit Suisse inquiry will keep files secret for 50 years: PaperThe files related to the parliamentary investigation into the collapse of Credit Suisse will remain closed for 50 years, according to newsp...
- UBS looks to bring Naratil back and mulls Swiss bank spin-off - NZZUBS is working towards spinning off the Swiss part of Credit Suisse and having the business's current head, Andre Helfenstein, run it, NZZ ...
- Credit Suisse deal halted crisis, Swiss central bank saysThe central bank hiked its key interest rate by half a percentage point to counter inflation that has risen since the beginning of the year...
- UBS, regulators race to seal Credit Suisse deal: ReportUBS Group AG , Credit Suisse Group and key regulators are rushing to finalise a deal on the merger of the two Swiss banks as soon as Saturd...
- Credit Suisse Q1 profit at 2 bn Swiss francsSwiss banking major Credit Suisse moved into black, posting a first quarter profit of 2 bn Swiss francs (about $1.73 bn). Factors that make...
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