First Republic, Western Alliance and PacWest Bancorp shares were set to rise on Tuesday after one of the industry’s worst stock routs in years.
Category: Credit Suisse Group AG
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Regulators Put More Pressure on Binance, the Crypto Giant
Binance, the world’s biggest cryptocurrency exchange, faces a fresh wave of scrutiny from regulators and lawmakers.
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The Winners and Losers from Super Bowl LVII
There were surprises on-field and off — from Rihanna’s halftime performance to Disney’s controversial ad splash.
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Bob Iger’s Turnaround Plan for Disney Takes Shape
Shares jumped after the Disney chief executive unveiled plans to revamp its streaming business, cut costs, and formulate a succession plan.
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Credit Suisse Reports Huge Loss as It Seeks to Revive Fortunes
The struggling Swiss bank recorded its biggest annual loss since the 2008 financial crisis and warned of another “substantial” loss in 2023.
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A Short Seller, Hindenburg Research, Bets Against Adani Group
Hindenburg Research accused the Adani Group of orchestrating the “largest con in corporate history,” sending shares of its companies tumbling on Wednesday.
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Crypto Mogul Sam Bankman-Fried’s ‘Epic’ Legal Battle
The disgraced crypto entrpreneur was freed on $250 million bond, but is due back in court in early January on federal fraud charges.
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Oil Prices Rise as the West Imposes a Cap on Russian Crude
Energy traders pushed crude prices higher on Monday following Europe’s embargo of seaborne Russian crude and a price cap by Group of 7 nations went into effect.
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Losses Pile Up in FTX Bankruptcy Turmoil
The crypto exchange’s founder, Sam Bankman-Fried, says the company suffered a $51 billon collapse in collateral, but he thinks filing for Chapter 11 was a mistake.