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Credit Suisse still at the centre; prior that is the change in strategy
On Monday, when markets placed Credit Suisse (CSGN.S) under close examination, the bank's shares and bonds experienced precipitous declines.Insisting that its capital & liquidity...
Germany’s RWE purchases sustainable energy from Con Edison in a $6.8 billion shift
RWE (RWEG.DE), the largest power producer in Germany, has agreed to pay $6.8 billion for Con Edison's (ED.N) Clean Energy Businesses, roughly doubling RWE's...
The dollar suffers as a fresh selloff begins
On Thursday, investors started pedalling into another cycle of selling as the dollar tightened its grip on the exchange rates, recession fears weighed on...
U.S. fines Wall St firms a striking $1.8 billion for lacking transparency in deals
U.S. regulators punished 16 financial institutions, including Barclays (BARC.L), Citigroup, Bank of America, Credit Suisse (CSGN.S), Morgan Stanley, Goldman Sachs, and UBS (UBSG.S), for...
Dollar surges to 20-year high while sterling once more struggles
On Wednesday, jittery financial markets sent the safe-haven greenback to a new two-decade high as increasing global interest rates fueled concerns about an impending...