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The 4 forces that will challenge the dominance of the dollar, according to economic researchers

The dollar's dominance in financial markets has slipped, with the greenback accounting for less tha…

Jennifer Sor   


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1 min read

Rupee falls 10 paise to 82.75 against US dollar in early trade

The rupee depreciated by 10 paise to 82.75 against the US dollar in early trade on Thursday amid ne…

PTI   


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1 min read

UBS to cut 3,000 jobs in Switzerland after Credit Suisse takeover

UBS CEO Sergio Ermotti said it will lay off "around 1,000" workers as it integrates Credit Suisse's…

Tom Carter   


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5 mins read

Credit Suisse is in trouble, but this is not 2008 – investors remain wary of the ‘all is well’ soundbites

Credit Suisse, one of the largest and oldest banks of the world, is in trouble after the sharp rise…

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2 mins read

Credit Suisse's troubles unlikely to impact India's banking system say experts

India's banking system is expected to remain unscathed from the troubles in Credit Suisse as it has…

PTI   


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Inside the turmoil at Credit Suisse

Credit Suisse is fighting speculation that it could be at risk of a Lehman Brothers-style collapse.…

Lisa Ryan   


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2 mins read

Tens of thousands of Credit Suisse staffers are about to find out if they still have a job

The coming job cuts at Credit Suisse may even be uglier than you thought as UBS works to integrate …

Jeffrey Cane   


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7 mins read

Banks have finally fixed the single most annoying thing about credit cards

Banks are using huge amounts of data to separate legitimate purchases from scams. That's great for …

Emily Stewart   


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2 mins read

Swiss prosecutors have opened an investigation into the takeover of Credit Suisse by UBS, report says

Switzerland's Federal Prosecutor told the Financial Times it was looking into potential breaches of…

Ryan Hogg   


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3 mins read

Windfall taxes won't take the wind off Reliance's earnings say experts

"With fuel export tax for refiners being reviewed every fortnight, we see limited impact on RIL's e…

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1 min read

Credit Suisse asks central bank for a show of support, but Swiss National Bank stays quiet

Credit Suisse also sought public support from Finma, but neither the central bank or Swiss regulato…

Filip De Mott   


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5 mins read

UBS is officially buying Credit Suisse in a historic rescue deal. This is how we got here.

The Swiss giant has weathered a slew of scandals in recent years, and investors are jittery after t…

Theron Mohamed   


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1 min read

Credit Suisse faced a staggering $69 billion of outflows in the first quarter, an amount that eclipses UBS's market cap

Credit Suisse saw its outflows accelerate to $69 billion last quarter, which culminated in its gove…

Zinya Salfiti   


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4 mins read

Institutions shy away from real estate investments which dip by 40% in Q4 of FY24

Even as Indians’ love for buying homes refuses to die down, institutions seem to have a contra view…

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2 mins read

Credit Suisse's chairman says he's 'truly sorry' as angry investors crash the rescued bank's final shareholder meeting

Protesters at Zürich's hockey arena showed off a boat labeled "Crisis Suisse" in a final jab at the…

George Glover   


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Phil Rosen   


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Forcing staff to return to the office full time is 'unrealistic', say senior execs at Davos

After months of confusion over return-to-work policies, some C-suite leaders are finally giving up …

Stephen Jones,Spriha Srivasta…   


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1 min read

'Dr. Doom' Nouriel Roubini says Credit Suisse may be too big to save and risks igniting a 'Lehman moment'

"It's not clear that, unlike the United States, the [Swiss] federal system has enough resources to …

Filip De Mott   


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5 mins read

Next time you get your credit card statement, you may want to give it a close look

Credit card companies are about to see limits on late fees and swipe fees, which means they're goin…

Emily Stewart   


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1 min read

Only 15% of women in Indian boardrooms — new study says it’s the third lowest in Asia Pacific

The reported titled CS Gender 3000 in 2019 says that global average is at 20.6%. The top t…