Category: Business

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UBS Weighs Ending a Plan to Preserve Credit Suisse’s Investment Bank

UBS is weighing whether and how to end a deal that would have preserved most of its rival’s investment bank, as part of its takeover of the ailing Swiss lender.  » mehr lesen

What to Watch for in the Fed’s Decision on Rates

The Federal Reserve is expected to raise interest rates slightly, but its path is uncertain as worries plague the banking system.  » mehr lesen

2023 Abel Prize in Mathematics Honors Luis Caffarelli

The honor, like a Nobel Prize for mathematics, was given this year to Luis Caffarelli for his work on partial differential equations.  » mehr lesen

Bank Crisis Could Cast Pall Over Commercial Real Estate Market

The market hadn’t fully rebounded from the pandemic. Some worry that another slowdown could add to fears of a recession.  » mehr lesen

Xi and Putin Bind China and Russia’s Economies Further, Despite War in Ukraine

On the second day of the Chinese leader’s state visit in Moscow, Xi Jinping and Vladimir V. Putin declared an enduring economic partnership, in an effort to insulate their countries from punitive...

Regional Banks and Regulators Try to Soothe Depositors’ Fears

While some executives said money wasn’t being pulled from their small and midsize banks, the “too big to fail” giants attracted business customers.  » mehr lesen

Fox and Dominion Urge Judge to Rule on Case

At the start of a pretrial hearing for the $1.6 billion defamation trial, the judge said he was still weighing whether to issue a summary judgment.  » mehr lesen

A ‘Rocking Chair Rebellion’: Seniors Call On Banks to Dump Big Oil

Older climate activists gathered in cities around the country for a day of action targeting banks that finance fossil fuel projects.  » mehr lesen

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