The dollar rose against all G-10 currencies except the yen, as the relatively strong U.S. economy and high interest rates kept the carry tr...

Hobbled by a series of scandals and failed restructuring plans under successive management teams, Credit Suisse had experienced massive dep...

It is quite a big task when two banks are being merged either forcibly or voluntarily. There has been few cases of bank mergers in India an...

UBS has repaid billions in emergency loans from the Swiss government, freeing it of taxpayer-backed funding. Among the loans repaid was 9 b...

The Haryana Government has given approval to Delhi-SNB and Delhi-Panipat rapid transit system (RRTS) projects. The sanction of these projec...

Ammar Al Khudairy said on March 15 that the biggest Saudi bank by assets could not buy more shares in Credit Suisse on regulatory grounds.

The central bank hiked its key interest rate by half a percentage point to counter inflation that has risen since the beginning of the year...

"Going into resolution would have triggered a bigger financial crisis, not only in Switzerland, but most likely, globally," Swiss National ...

Investors' focus has moved to a slew of central bank meetings due this week after days of volatility in markets caused by worries over the ...

Although there was no consensus around the peak rate, a clear majority of economists, 13 of 21, expected one more rate hike in June of at l...

UBS will buy Credit Suisse in a deal to be sealed on Sunday during an exceptional meeting in Bern, bringing together the Swiss government a...

Two former BOE officials in recent weeks have said the UK government should consider reducing the interest paid on some deposits held by co...

Just this past week, the US Fed announced its biggest interest rate hike in almost 30 years, followed by the fifth straight increase by the...

Fed Chair Jerome Powell engineered the central bank’s biggest interest-rate increase since 1994 and held out the distinct possibility of an...

Fuelled initially by soaring oil prices in the wake of Russia's invasion of Ukraine, inflation has broadened out to everything from food to...

Congressional negotiators were closing in on a $900 billion COVID-19 aid bill in the United States, according to lawmakers and aides, boost...

The NCRTC, which is the implementing agency of the RRTS, will develop several multi-modal integrations along the high-speed corridors, as p...