ECB to hike costs further even as markets grasp at straws
The European Central Bank (ECB) is highly likely to implement the highest borrowing costs in 22 years on Thursday, demonstrating its commitment to combating...
UBS anticipates closing up deal of Credit Suisse in the following week
UBS (UBSG.S) is set to finalize its acquisition of Credit Suisse (CSGN.S) and expects the process to be completed by June 12, creating a...
HSBC safely regards world-scale footprint; thinks about exits
HSBC is currently conducting evaluations of its presence in approximately twelve countries, which represents about one-fifth of its operational markets.The aim is to sharpen...
Massive potential risks & perks of Credit Suisse deal spoken of
As it gets ready to finalise the saving of its troubled Swiss rival, UBS (UBSG.S) has highlighted tens or billions of dollars in possible expenses - and...
Banks tighten credit standards as loan demand declines
A Federal Reserve survey of bank loan officers showed credit conditions for American businesses and households managed to tighten in the first months of the year. However,...