Category: Korner, Ulrich

Regulators Raise the Alarm on a Potential Market Risk

Turmoil in the banking sector could have a knock-on effect on clearinghouses, the intermediaries between buyers and sellers in financial markets.
Credit Suisse Shareholders Feel Betrayed by UBS Deal

Top executives at the bank’s final shareholder meeting apologized for the lender’s collapse and forced sale to UBS, while investors spoke of betrayal.
It’s Not All Bad News for Trump Ahead of His Arraignment

The former president’s poll ratings and some of his business fortunes have rallied ahead of his arraignment on Tuesday.
Credit Suisse Unveils Sweeping Revamp to Revive Its Fortunes

The New York Times – Business:
The restructuring includes shrinking its investment bank and raising $4 billion in capital from investors, including a state-owned Saudi bank.
How Credit Suisse Became a Meme Stock

The New York Times – Business:
The longstanding troubles of Credit Suisse recently grabbed the attention of amateur investors whose social media posts sparked fears that the bank was running out of money.

Regulators Raise the Alarm on a Potential Market Risk