Credit Suisse came near collapse months before its eventual bailout, the Swiss Financial Market Supervisory Authority said Tuesday, according to Reuters.
Finma, which has faced...
Goldman Sachs (GS) is facing a challenging exit from its four-year-old credit card partnership with Apple (NASDAQ:AAPL), marking a significant turn in the Wall...
Credit card spends rose 38.3% year-on-year(y-o-y) to an all-time high of Rs 1.8 trillion in October aided by strong festival season spends.
The 38.3% y-o-y...
India’s central bank Governor Shaktikanta Das warned banks to undertake stress tests and said all forms of “exuberance” should be avoided, days after imposing...
Low valuations for euro zone bank stocks appear to reflect concerns about credit risk and shareholder payouts, likely weighing on future credit growth via...
UBS Group (UBSG.S) is laying off employees from Credit Suisse's investment bank this week in New York, a source familiar with the situation said.
The...
On Tuesday, Fitch Ratings said it was knocking down the country's long-term foreign-currency issuer default rating (IDR) to 'AA+' from the highest score available...
U.S. banks reported tighter credit standards and weaker loan demand from both businesses and consumers during the second quarter, Federal Reserve survey data released...
