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banking-industry

UBS completes Credit Suisse takeover to become wealth management behemoth
Companies 2 years ago

UBS completes Credit Suisse takeover to become wealth management behemoth

UBS on Monday said it had completed its emergency takeover of embattled local rival Credit Suisse, c...
JPMorgan to buy First Republic after regulators seize control
Companies 2 years ago

JPMorgan to buy First Republic after regulators seize control

US financial authorities have taken possession of California's troubled First Republic Bank, whi...
Over $68b withdrawn from Credit Suisse ahead of UBS takeover
Companies 2 years ago

Over $68b withdrawn from Credit Suisse ahead of UBS takeover

More than $68 billion had been withdrawn from Credit Suisse in the first three months of 2023, the b...
Navigating the legal challenges of utilizing ChatGPT in banking industry
Academia 2 years ago

PREMIUM
Navigating the legal challenges of utilizing ChatGPT in banking industry

As disclosed on the first page of the ChatGPT display, it may occasionally generate incorrect inform...
Bank rescues ease crisis fears but investors worry it's not enough
Markets 2 years ago

Bank rescues ease crisis fears but investors worry it's not enough

A $30 billion lifeline for First Republic Bank hosed down market fears about an imminent banking col...
BI holds rate, sees little exposure to US banking woes
Regulations 2 years ago

PREMIUM
BI holds rate, sees little exposure to US banking woes

The central bank governor says Indonesia’s banking sector has sufficient liquidity, but a nega...
European banks battered as Credit Suisse drops 20 percent
Markets 2 years ago

European banks battered as Credit Suisse drops 20 percent

Shares in European banks got pummeled again on Wednesday, as Credit Suisse plunged to fresh record l...
SVB collapse poses little threat to Indonesia, says government
Economy 2 years ago

PREMIUM
SVB collapse poses little threat to Indonesia, says government

The collapse of Silicon Valley Bank (SVB) and Signature Bank has caused a certain degree of paranoia...
US regulators rush to contain SVB fallout, as a second bank fails
Markets 2 years ago

US regulators rush to contain SVB fallout, as a second bank fails

US authorities unveiled sweeping measures Sunday to rescue depositors' money in full from failed...
Asian markets tumble as bank worries spread from Wall Street
Markets 2 years ago

Asian markets tumble as bank worries spread from Wall Street

Asian markets sank again Friday following a rout on Wall Street as signs of trouble at a regional US...
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