CDS Panel Says Credit Suisse AT1 Wipeout Won’t Prompt Payout
A panel tasked with overseeing the credit default swaps market said that the write down of Credit Suisse
2023-05-18 00:52
Italy to Discuss Leaving China’s Investment Pact With G-7 Allies
Prime Minister Giorgia Meloni will discuss with Group of Seven allies Italy’s decision on whether to pull out
2023-05-17 21:59
Western Alliance Deposit Growth Drives Regional Bank Stocks Up
Shares of US regional banks rallied in premarket trading after Western Alliance Bancorp said deposits had grown by
2023-05-17 19:48
Broadcom Makes Antitrust Offer to EU in VMware Merger Probe
Broadcom Inc. offered antitrust commitments to the European Commission in an effort to allay concerns over its proposed
2023-05-17 19:20
UK Cracks Down on Landlords in Private Rental Sector Reform
The UK government is preparing to lay out a series of extra protections for tenants in the biggest
2023-05-17 17:58
Wall Street’s Dependence on London Clearing Worries EU Watchdog
Wall Street banks have made “no significant moves” away from London’s dominant clearing service since Brexit, raising concerns
2023-05-17 17:56
Sony to Buy Back Up to $1.5 Billion in Shares Over Next Year
Sony Group Corp. plans a buyback of up to 2.03% of its shares over the course of the
2023-05-17 16:56
Wall Street Splits on Cutting China Growth After Data Miss
Investment banks are split over whether weaker-than-expected Chinese economic data for April redefine the growth outlook for the
2023-05-17 16:27
SAP Says It’s Open to Acquisitions After Qualtrics Sale
SAP SE, which recently agreed to divest its stake in Qualtrics International Inc., is open to making acquisitions
2023-05-17 16:26
EU Spat Over Nuclear Energy Escalates as Key Vote Is Delayed
A key European Union law on scaling up renewable energy has been delayed amid last-minute wrangling over the
2023-05-17 15:48
Telkom Plunges Most Since 2009 on $679 Million Impairment
Telkom SA, the South African telecommunications company, fell 30% in Johannesburg after the company warned it was considering
2023-05-17 15:48
Top UK Rolex Retailer’s Shares Fall as Watch Sales Soften
Watches of Switzerland Group Plc’s shares fell 12% in London after reporting that first quarter sales will decline
2023-05-17 15:48