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Credit Suisse Sells Apollo Its Securitized Products Following Major Quarterly Loss
The embattled lender said the transaction is part of a company restructure after battling sluggish investment banking revenues. The embattled lender said the transaction is part of a company restructure after battling sluggish investment banking revenues. -
Swiss Court Finds Credit Suisse Guilty In Cocaine Money Laundering Case
The ruling marks Switzerland's first criminal prosecution involving one of its biggest banks. The ruling marks Switzerland's first criminal prosecution involving one of its biggest banks. -
Coinbase CEO Says 'Pressure' Reason For Exchange Suspending Transactions
Several members of the Indian government do not seem to favor crypto trading. Several members of the Indian government do not seem to favor crypto trading. -
Citigroup To Eliminate Overdraft Fees Starting This Summer
Citigroup said non-sufficient funds fees, overdraft protection fees, and basic overdraft fees will be completely eliminated. Citigroup said non-sufficient funds fees, overdraft protection fees, and basic overdraft fees will be completely eliminated. -
JPMorgan Is First U.S. Bank To Open A Business Lounge Inside The Metaverse
America's largest bank opened the doors to its virtual lounge in Decentraland called the Onyx Lounge. America's largest bank opened the doors to its virtual lounge in Decentraland called the Onyx Lounge. -
UBS Q4 Earnings Beat Expectations, Upgrades Financial Targets
UBS posted profits of $1.35 billion for its fourth quarter, beating average analyst estimates of $853 million. UBS posted profits of $1.35 billion for its fourth quarter, beating average analyst estimates of $853 million. -
M&T Bank To Acquire People's United For $7 Billion
The two companies were in the final stages of the all-stock deal which could be announced soon. The two companies were in the final stages of the all-stock deal which could be announced soon. -
Standard Chartered Outperforms Rival HSBC With Latest Quarterly Profits
Standard Chartered managed to surprise the market given that its performance for the quarter was in stark contrast to its much larger rival HSBC. Standard Chartered managed to surprise the market given that its performance for the quarter was in stark contrast to its much larger rival HSBC. -
China’s Invite to Global Financial Sector Progresses
China has allowed Allianz SE and UBS Group AG to have more access to the country's $42 trillion financial industry. HSBC, among others, is also planning to stretch business further with one of the world's leading financial giants. China has allowed Allianz SE and UBS Group AG to have more access to the country's $42 trillion financial industry. HSBC, among others, is also planning to stretch business further with one of the world's leading financial giants.