Tag: $17

Blackstone Edges Closer to Acquiring Signature Bank’s $17 Billion Loan Portfolio

Blackstone Inc. (NYSE:BX) is on the brink of acquiring a substantial $17-billion commercial property loan portfolio from the Federal Deposit Insurance Corporation (FDIC), as...

UBS Forecasts $17 Billion Expense from Proposed Credit Suisse Merger

UBS Group AG (SIX:UBSG) has said it could stand to lose around $17 billion from its planned merger with smaller rival Credit Suisse (SIX:CSGN),...

Consumer Debt Hits All-Time High of $17 Trillion, Despite Decrease in Mortgage Demand

Total consumer debt hit a fresh new high in the first quarter of 2023, pushing past $17 trillion even amid a sharp pullback in...

Americans’ total debt breaches $17 trillion mark for the first time ever

Americans’ debt levels continue to climb to new heights at a time when economic conditions are becoming increasingly less stable. Household debt balances set a...

Credit Suisse’s $17 Billion Loss Leaves Bondholders in Europe Unhappy

One section of Credit Suisse’s bondholders is set to be wiped out following the struggling bank’s takeover by UBS, causing them to see investments...

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Stripe employees get to sell $1bn of shares

Strategies for Upskilling Your Workforce in an AI-Driven Economy

Five Strategies for Enhancing Internal Communications in Banks