Tag: Banking
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Significant rate hike by BoC, hinted to be the last of its kind for now
On Wednesday, the Bank of Canada increased its benchmark nightly interest rate by 0.5 percentage points to the top level in nearly 15 years,...
Britain will permit banks to accept more volatility in order to remain viable
To maintain the City of London's position as a preeminent global financial centre, Britain will reform its banking regulations to permit banks to take...
Details of Credit Suisse’s $4 billion capital raising strategy are revealed
Embattled bank Credit Suisse (CSGN.S) on Monday provided further information about its strategy to collect 4 billion Swiss francs (about $4.01 billion) from its...
Before a change in strategy, Credit Suisse is in the news
With only a few days left before announcing a significant strategy rewrite, Credit Suisse (CSGN.S) is working quickly to finalise sales of business units...
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...