Business More dominos waiting to fall in the US banking business: Aswath Damodaran Nick J Adam May 6, 2023 The collapse of 3 major banks in the US within a span of 2 months indicates that the crisis in the financial sector is… Read More...
Business European shares rise as miners gain to offset U.S. recession worries Nick J Adam Apr 6, 2023 European shares edged higher on Thursday, heading into a long Easter weekend break, as mining and oil and gas stocks… Read More...
Business OPEC+ alliance announces surprise cuts of around 1.15 mbpd from May to year-end Nick J Adam Apr 2, 2023 Saudi Arabia and other OPEC+ oil producers on Sunday announced voluntary cuts to their production amounting to around… Read More...
Business New UBS CEO plays down concerns over size of Swiss bank combination Nick J Adam Apr 2, 2023 Incoming UBS Chief Executive Sergio Ermotti has sought to ease worries about the size of the new bank being created by… Read More...
Business A single bet on Deutsche Bank’s credit default swaps seen behind Friday’s rout Nick J Adam Mar 29, 2023 Regulators are singling out a trade on Deutsche Bank AG's credit default swaps that they suspect fuelled a global… Read More...
Business Saudi National Bank chair resigns in wake of Credit Suisse loss Nick J Adam Mar 28, 2023 DUBAI: The chairman of top Credit Suisse shareholder Saudi National Bank (SNB) has stepped down less than two weeks… Read More...
Business Dollar steady as banking crisis fears keep investors jittery Nick J Adam Mar 27, 2023 The dollar was firm on Monday, while the yen hovered near its seven-week peak as investors assessed moves made by… Read More...
Business Investors who accumulate stocks on dips in H2 will be in a king position: Vinod Nair Nick J Adam Mar 26, 2023 The ongoing instability of the world banking sector will urge central banks to go slow on aggressive monetary policy. We… Read More...
Business Credit Suisse AT1 bondholders consider possible legal action Nick J Adam Mar 21, 2023 Lawyers from Switzerland, the United States and UK are talking to a number of Credit Suisse Additional Tier 1 (AT1) bond… Read More...
Business Europe’s bank bonds battered after Credit Suisse debt wipeout Nick J Adam Mar 20, 2023 Buildings of Swiss banks UBS and Credit Suisse are seen on the Paradeplatz in Zurich, Switzerland. | Photo Credit:… Read More...