Finance

Recruiters in London, New York, and Singapore have received many calls from Credit Suisse workers as UBS struck a deal to buy the bank, per Bloomberg.

Swiss banks have long been known for how much they value being discreet. Now their banking crisis is being put on the world stage.

Rating agency Moody's has cut the outlook on UBS Group's debt to negative following its takeover of Credit Suisse.

The bank kept bags of stones in a Dutch warehouse thinking they were bags of nickel that would have been worth more than a million dollars.

On March 20, Brent touched $70 per barrel, losing nearly $16 per barrel in a fortnight. Today, Brent crude pr...

On a Monday call, the overarching view from executives was that "this is very rushed," and "nobody has a clue what happens next," an insider said.

Turmoil in the US and Europe’s banking sector has had an impact on banks in other markets as well, including India. The Nifty Bank index has fallen by over 5% since March 8 when Silvergate Bank collapsed. Since then, three other banks collapsed, while equity markets in the US and Europe fell between 1-5%.

The government has hiked the windfall profit tax on export of diesel to ₹1 per litre while the levy on domestically produced crude oil has been cut by a fifth, according to an official order.

UBS acquired Credit Suisse in a rescue takeover this weekend. But neither side seemed to be too happy about the outcome.

Gold has turned into a more bankable asset and its prices going up as several American banks are going down, say experts.

We're more than a week removed from the fall of Silicon Valley Bank. Here's where things stand for Wall Street and tech.

Paytm, India’s leading payments and financial services company and the pioneer of QR and mobile payments, has enabled lightning-fast payments that never fail with UPI LITE, making way for small-value payments of up to ₹200 in a single click. Recently, Novelist Durjoy Datta tweeted how Paytm UPI LITE made his small payments easier, which was supported by his fellow author Ravinder Singh.

Analysis of insured customer deposits across multiple geographies initiated in the wake of bank runs across developed economies reveal US's top 10 banks deposits are insured in the range of 38.4-66 per cent, according to a research titled, Ecowrap, of the State Bank of India's Economic Research Department.

The rupee continued its upward trend and rose 11 paise to 82.48 against the US dollar in early trade on Monday, tracking fall in crude oil prices and...

Credit Suisse will be taken over by Swiss banking giant UBS, the Swiss federal government has announced.

The Swiss National Bank said in a statement Sunday afternoon that the takeover was made possible by the Swiss federal government and the Swiss Financial Market Supervisory Authority FINMA.

The somewhat non-traditional CEO has been credited for ushering in digital innovation at both UBS and ING, where he previously worked for 30 years.

The billionaire has had "multiple conversations" with White House officials and offered advice and guidance about the crisis, Bloomberg reported.

The Mid-Size Bank Coalition of America called on the FDIC, Treasury and the Federal Reserve to act to prevent a banking crisis, Bloomberg reported.

A 23-year-old student pays for Skype sessions with doms and met up with one in real life. He said he enjoys women financially dominating him.

Swiss regulators regard a takeover deal as the only solution following the collapse in confidence in Credit Suisse this week, per the Financial Times.

The King's College in NYC has a dualistic culture that pitted some students against each other, writes Paige Hagy. Now it's having money issues.