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...
05 Jun, 2026, 09.48 PM IST
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...
04 Jun, 2026, 08.23 PM IST
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...
15 May, 2026, 05.56 AM IST
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...
14 May, 2026, 09.59 AM IST
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 ...
13 May, 2026, 03.23 PM IST
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...
11 May, 2026, 11.19 PM IST
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...
08 May, 2026, 10.33 PM IST
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...
08 May, 2026, 12.21 AM IST
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 ...
30 Apr, 2026, 06.19 AM IST
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...
22 Apr, 2026, 05.41 PM IST
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...
08 Apr, 2026, 03.49 PM IST
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...
19 Dec, 2023, 08.08 AM IST
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...
16 Jul, 2023, 02.58 PM IST
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 ...
30 Apr, 2023, 04.40 PM IST
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...
23 Mar, 2023, 03.46 PM IST
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...
20 Mar, 2023, 07.50 AM IST
- Credit Suisse Q1 profit at 2 bn Swiss francs
Swiss banking major Credit Suisse moved into black, posting a first quarter profit of 2 bn Swiss francs (about $1.73 bn). Factors that make...
23 Apr, 2009, 08.08 PM IST