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France receives another credit rating warning

The outlook on France’s credit rating was reduced to negative from stable by Scope Ratings, raising questions about President Emmanuel Macron’s efforts to spur...

Credit Suisse Directed to Pay $926 Million in Georgia Prime Minister Case

Credit Suisse CSGN.Shas been ordered to pay $926 million compensation after a Singapore court said the bank had breached its duty to safeguard the...

Japanese Banks Confront Heightened Credit Risk due to Accelerated Transition Financing

Japanese lenders' plans to step up support for the government's climate goals expose them to greater credit risks, as such funding could put them...

EU Approves UBS’ Acquisition of Troubled Credit Suisse

The Swiss government-brokered sale of Credit Suisse Group AG to UBS Group AG won European Union approval after regulators said the deal wouldn’t raise...

JPMorgan to Discontinue Renewal of Personal Credit Lines for First Republic Customers, According to Source

JPMorgan Chase & Co has told clients with personal credit lines at First Republic Bank (OTC:FRCB) that it will no longer offer them when...

Threat of US Credit Downgrade Hangs Over Debt Ceiling Negotiations

With one of three major rating agencies warning that America’s AAA credit is at risk, the stakes are growing in the standoff in Washington...

UBS Chairman Foresees Rise in Customer Balances After Credit Suisse’s Rescue

UBS (UBSG.S) has been a net gainer in customer balances following its rescue of Credit Suisse (CSGN.S), Chairman Colm Kelleher said on Wednesday, citing...

Credit Suisse Bond Losses Won’t Trigger Credit Insurance Payout

Holders of credit insurance linked to Credit Suisse bonds will not get a payout after a committee that adjudicates on disputes in the derivatives...

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),...

Goldman slapped with $7 million fine by ECB for credit risk reporting violations

The European Central Bank said on Monday it had fined Goldman Sachs (NYSE:GS)' European unit 6.63 million euros ($7.3 million) for underreporting the risk...

Fed officials exercise caution on interest rates amid credit and price pressures

Two Federal Reserve officials signaled they favored pausing interest-rate increases, while a third policymaker said the central bank’s task in subduing inflation was not...

Credit Suisse actively involved in ESG debt deals, according to Managing Director

A senior investment banker at Credit Suisse AG says his team is actively seeking new deals in a rapidly growing corner of ESG financing,...

Signs of Credit Crunch that the Fed Fears May Already Be Emerging

Jeffrey Haley, the CEO of American National Bank and Trust Company, saw the crunch coming at the start of 2023. Rising interest rates and a...

Credit Tightening Won’t Trigger Recession, Says Fed President Bullard

St. Louis Federal Reserve President James Bullard on Thursday dismissed concerns of a credit crunch in reaction to the turmoil in the financial system...

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

Tag: credit