Credit Suisse pledged a $3 billion debt buyback
Credit Suisse pledged to buy back up to $3 billion of its own debt, in an effort to assuage investor …
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October 7, 2022 October 7, 2022
Top news
Hackers stole about $100 million worth of crypto
Hackers stole cryptocurrency valued at about $100 million from a blockchain that is connected to Binance, according to a tweet …
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October 7, 2022 October 7, 2022
Wall Street fell as the Fed raised rates
Wall Street fell as its major indexes continued to decline on Thursday while worries grew that the Federal Reserve’s aggressive …
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October 6, 2022 October 6, 2022
World could lose $4 trillion in production, IMF head warns
According to the head of the International Monetary Fund, the world faces heightened chances of recession. A “fundamental transition” away …
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October 6, 2022 October 14, 2022
Peloton will reduce around 12% of its personnel
Peloton will reduce around 12% of its personnel in its fourth wave of layoffs this year, the firm said on …
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October 6, 2022 October 6, 2022
OPEC oil cut may harm attempts for lower price
OPEC oil cut move to reduce oil output could harm international attempts to lower the price of oil, according to …
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October 6, 2022 October 6, 2022
Dollar crept up prior Friday’s U.S. jobs report
Dollar crept up on Thursday, extending its gains from the previous day, as investors anticipated U.S. labor and inflation statistics …
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October 6, 2022 October 6, 2022
Shares of Credit Suisse increase on Thursday
Shares of Credit Suisse Group AG increased during European trade on Thursday, after JPMorgan analysts revised their rating of the …
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October 6, 2022 October 6, 2022
Asset managers feel uneasy being the new banks
Asset managers are the new bankers, and they are feeling quite uneasy. Bankers were unquestionably kings of the financial hill …
Asset managers feel uneasy being the new banks Read More »
October 5, 2022 October 5, 2022
IMF: Funds’ illiquid assets risk financial stability
IMF cautions that keeping illiquid assets by funds could jeopardize financial stability. In addition, an investor who avoids daily-trading open-ended …
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October 5, 2022 October 5, 2022
