[#item_full_content]UBS agreed to buy Credit Suisse as part of a cut-price deal designed to alleviate panic…
Month: March 2023
Saudi National Bank loses over $1 billion on Credit Suisse investment
[#item_full_content]Credit Suisse’s largest shareholder confirmed to CNBC that it had suffered a loss of around 80%…
JPMorgan advising First Republic on strategic alternatives, including a capital raise, sources say
[#item_full_content]JPMorgan Chase is advising embattled First Republic Bank on strategic alternatives, sources tell CNBC’s David Faber.
Bitcoin briefly tops $28,000 for the first time in 9 months after bank crisis sparks weekend rally
[#item_full_content]Bitcoin climbed over the weekend as some investors turned to digital currencies amid a crisis in…
Stocks making the biggest moves midday: First Republic, UBS, Virgin Orbit, Dell and more
[#item_full_content]First Republic fell sharply once again, while UBS popped after acquiring rival Credit Suisse.
SVB collapse is double-whammy for tech startups already navigating brutal market
[#item_full_content]Startup founders across the U.S. were already cutting costs and preserving cash before Silicon Valley Bank’s…
First Republic continues tanking, but other regional banks are rallying on Monday
[#item_full_content]S&P cut its credit rating on First Republic to B+ from BB+ on Sunday after first…
Bitcoin climbs above $28,000 to a 9-month high as Treasury yields slide on bank crisis
[#item_full_content]Bitcoin climbed over the weekend as some investors turned to digital currencies amid a crisis in…
UBS shares reverse losses, Credit Suisse craters 55% after takeover deal
[#item_full_content]UBS agreed to buy Credit Suisse as part of a cut-price deal designed to alleviate panic…
Saudi National Bank loses over $1 billion on Credit Suisse investment
[#item_full_content]Credit Suisse’s largest shareholder confirmed to CNBC that it had suffered a loss of around 80%…