Nelson Peltz Cameron Costa CNBC The federal government should expand the guarantee for all bank deposits regardless of size to slow down the bank’s performance, but should charge customers for that insurance, hedge fund manager Nelson Peltz said on Friday.…
Former President Donald Trump’s call to protest ahead of his anticipated indictment in New York has produced a largely muted reaction from supporters, with even some of his most ardent loyalists dismissing the idea as a waste of time or…
Northern Ireland’s biggest unionist party will vote against key parts of the new Windsor framework trading arrangement in Westminster this week. “Our party officers . . . met this morning and unanimously agreed that in the context of ongoing concerns…
Investors should have faith in Dell despite short-term challenges, Goldman Sachs said. Analyst Michael Ng initiated Dell coverage with a buy rating. The $43 price target suggests the stock will gain 15.5% over the next year from where it closed…
Tesla and Twitter CEO Elon Musk has always had an unusual relationship with the media—and now he’s taking it a step further. Journalists contacting Twitter for legal reasons now receive one more emoji in their inbox. A 💩. fortune, as…
Days after Vladimir Putin was hit with an international warrant for alleged war crimes in Ukraine, Xi Jinping’s first state visit to Moscow in four years is a demonstration of the Chinese leader’s commitment to the Russian president – but…
Signage for Credit Suisse Group AG outside a building, which houses the company’s branch, in Tokyo, Japan, on Monday, March 20, 2023. UBS Group AG agreed to buy Credit Suisse Group in a historic government-sponsored deal aimed at containing a…
Saudi National Bank chairman Ammar Al Khudairy’s comments last week may have been one of the most expensive answers ever delivered on television. On Sunday, UBS announced it would take over rival Credit Suisse for $3.2 billion, in a deal…
Asian bank debt and shares fell on Monday after Credit Suisse scrapped $17bn of bonds in a takeover by UBS, fueling concerns about similar debt and hinting at turmoil in European markets. HSBC shares fell 7.1 percent in Hong Kong,…
Jakub Porzycki Nurphoto Getty Images Regulators in Asia issued a statement guaranteeing that the banking system remains strong and stable after Swiss banking giant UBS agreed to buy rival Credit Suisse for $3.25 billion. Swiss regulators play a key role…