At Rs 10,000 crore, Anil Ambani's Reliance Capital recovery may be only 43%The recovery, totalling about ₹10,090 crore on factoring in the target company's cash balances and the Hinduja offer, falls short of the ₹1...
24 May, 2023, 06.09 AM IST
Bondholders asked to return equity shares in Reliance General to administratorAccording to an order reviewed by ET, the tribunal said handing over the custody of the shares in the Reliance Capital subsidiary would not...
05 May, 2023, 06.23 AM IST
Credit Suisse investors sue after facing billions in lossesThe investors are contesting an order by the Swiss Financial Market Supervisory Authority, or FINMA, that wiped out about 16 billion Swiss ...
21 Apr, 2023, 07.15 PM IST
Lawsuits lodged over state-backed Credit Suisse takeoverSeveral law firms are talking to potential bondholder clients about taking legal action against Credit Suisse over last month’s emergency d...
21 Apr, 2023, 04.43 PM IST
Bank of England says it is on alert after turmoil in banking sectorMarkets have been roiled by the collapse of U.S. technology lender Silicon Valley Bank, followed by the failures of other U.S. regional len...
28 Mar, 2023, 11.28 PM IST
Banking stocks slide as global investors seek safer shoresBanking stocks, including those of Deutsche Bank, dropped amidst concerns that regulators and central banks have not tackled the worst shoc...
24 Mar, 2023, 09.55 PM IST
Deutsche Bank shares plunge, default insurance hits four-year highEuropean banks have had a rough ride in the last week with a state-backed rescue of Credit Suisse and turmoil among regional U.S. banks fue...
24 Mar, 2023, 04.04 PM IST
PNB's AT1 issue opens today, base size at Rs 500 crThis will be the first AT1 bond issue from India after the collapse of the Swiss bank Credit Suisse over the weekend. Bank officials said t...
24 Mar, 2023, 02.21 PM IST
Credit Suisse collapse threatens Switzerland's wealth management crownBattered by years of scandals and losses, Credit Suisse had been fighting a crisis of confidence for months, before its demise was sealed i...
24 Mar, 2023, 01.42 PM IST
Credit Suisse AT1 bondholders consider possible legal actionIn Switzerland, the bonds' terms state that in a restructuring, the financial watchdog is under no obligation to adhere to the traditional ...
22 Mar, 2023, 06.02 PM IST
Global bank bonds claw back losses as markets rout easesFollowing a sharp fall on Monday, European bank bonds rose once again, including Additional Tier 1 (AT1) bonds issued by companies such as ...
21 Mar, 2023, 10.08 PM IST
Goldman Sachs sees risk of 'permanent destruction' in demand for AT1 bondsAT1 bonds issued by other European banks fell sharply on Monday as the treatment of Credit Suisse AT1 bondholders highlighted the risks of ...
21 Mar, 2023, 10.29 AM IST
Asia stocks bounce gingerly but bank fears lurkIn foreign exchange markets the U.S. dollar steadied after slipping overnight. It last bought 131.90 yen and held at $1.0718 per euro. Bond...
21 Mar, 2023, 07.58 AM IST
That synching feeling of Central BanksBank stocks and bonds led the global market rout as crisis lingered in US regional banks and the shotgun merger of a Swiss banking icon, bo...
20 Mar, 2023, 11.31 PM IST
Sensex ends 361 points lower even after Credit Suisse bailout. 5 factors behind the selloffEven as Swiss regulators averted a financial crisis by negotiating a $3.25 billion buyout of troubled Credit Suisse by rival UBS, investors...
20 Mar, 2023, 03.49 PM IST
Credit Suisse says $17 bln of its debt now worthless, angering bondholdersFINMA, the Swiss regulator, said the decision would bolster the bank's capital. The move reflects authorities' desire to see private invest...
20 Mar, 2023, 09.44 AM IST
Swiss authorities mull imposing losses on Credit Suisse bondholders: SourcesEuropean regulators, however, are apprehensive about such a move for fear that it could hit investor confidence elsewhere in Europe's finan...
19 Mar, 2023, 07.51 PM IST