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Swiss to hold news conference amid Credit Suisse troubles
10 days ago - By Chron
Swiss leaders are holding a news conference Sunday night following several media reports that banking giant UBS is believed to be in talks to acquire its smaller rival Credit Suisse. The Federal Council, the seven-member governing body that includes Swiss President Alain Berset, is expected to announce that UBS is acquiring Credit Suisse, in a potential deal brokered by the Swiss government in an effort to avoid further market-shaking turmoil in global banking. Sunday's news conference follows the collapse of two large U.S. banks last week that spurred a frantic, broad response from the...
Read more ...Credit Suisse's riskiest bonds face possible wipe-out if Swiss authorities follow through with nationalization
11 days ago - By Fortune
Goldman Sachs and others have kept their bond sales and trading desks open this weekend for Credit Suisse bonds.
Read more ...
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SØVN Modern sleep tracking study
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Realtor.com Reports Weekly Active Inventory Up 57% YoY; New Listings Down...
Realtor.com has monthly and weekly data on the existing home market. Here is their weekly report released today from chief economist Danielle Hale: Weekly Housing Trends View...
I aspired to be a manager, but now that I am one, I'm lonely and worried...
It can be lonely being the boss. Richard Drury/Getty Images This editions of Insider's work-advice about how to handle the transition to a management role. It's often lonely at...
Most read stories for the week of March 23-29
The most popular stories from readers of finance-commerce.com in the past week.
The State of Payment Methods: More Choice and Economic Changes Are Affecting...
Cash and checks are declining but not disappearing. Debit, credit, and prepaid cards will compete for growing digital spending. FedNow's launch could increase the prominence of...
Inflation Adjusted House Prices 4.6% Below Peak
Today, in the Calculated Risk Real Estate Newsletter: Inflation Adjusted House Prices 4.6% Below Peak; Price-to-rent index is 7.9% below recent peak Excerpt: It has been 17...
Job Opening - Harvard University Operations Manager Campus Services
Under the direction of the General Manager, lead team of exempt and non-exempt service staff in the overall management of a retail dining and catering unit in full compliance...
Russian central bank reveals how it braced for Western dollar grab
Moscow stockpiled gold, yuan and foreign currency in cash to offset Western sanctions, the regulator has revealed The Bank of Russia had been preparing for an escalation of...
Weekly Initial Unemployment Claims increase to 198,000
The DOL reported : In the week ending March 25, the advance figure for seasonally adjusted initial claims was 198,000, an increase of 7,000 from the previous week's unrevised...
Roku announces a second set of layoffs impacting 200 employees, or 6% of its...
Roku is the latest tech company to announce a second round of layoffs with today's news that it's letting go of 6% of its workforce, or around 200 employees. The company...
Short seller Jim Chanos warns regional banks and commercial real estate...
Jim Chanos. Brendan McDermid/Reuters Jim Chanos warns regional banks and commercial real estate may run into trouble. The short seller cautions tighter credit could hit real...