Credit Suisse AT1 Bond Write-Off Results in $340 Million Loss for PIMCO - Source
Bond giant PIMCO lost about $340 million on a category of Credit…
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Federal Reserve Confronts Challenging Decision on Whether to Raise Rates
Federal Reserve Chair Jerome Powell and his colleagues this week face one…
Home Prices Record First Dip in 11 Years During February
U.S. existing-home prices fell from a year earlier in February for…
American Consumer Tested by Ongoing Banking Turmoil
American consumers are facing another test, from banking-sector turmoil and tighter financial…
SVB-Related Turmoil Shows Failure to Learn from Global Financial Crisis Lessons
The turmoil touched off by the collapse of Silicon Valley Bank has…
Are Credit Suisse and SVB's Troubles Indicators of a Global Banking Crisis?
Global banking has been in turmoil over the last two weeks following…
Credit Suisse's $17 Billion Loss Leaves Bondholders in Europe Unhappy
One section of Credit Suisse’s bondholders is set to be wiped…
IMF Optimistic About Sri Lanka's Economic Recovery with Bailout Assistance
The International Monetary Fund has finally approved a $3 billion bailout for…
UBS-Credit Suisse deal risks Switzerland's reputation as a 'financial banana republic'
The demise of banking giant Credit Suisse sent shock waves through financial…
Barclays and JPMorgan Halt Deals as Anxiety Grips Junk-Debt Market
Global banks are growing wary of risky credits as turmoil envelops the…
Russian Business Continues to be Avoided by Major Oil Traders
The world’s biggest oil traders said they’re wary of trying…
Credit Suisse Bailout Means Swiss Citizens Face $13,500 Liability Each
Switzerland’s tab for shoring up its reputation as a financial center…