Category Archives:
Crunch time for Credit Suisse talks as UBS seeks Swiss assurances
By Stefania Spezzati, Oliver Hirt and John O'Donnell (Reuters) - Talks over rescuing Credit Suisse rolled into Sunday as UBS AG sought $6 billion from the Swiss government to cover costs if it were to...
Mar 18, 2023
First Citizens in talks to acquire Silicon Valley Bank – Bloomberg News
(Reuters) -First Citizens BancShares Inc is evaluating an offer for Silicon Valley Bank, Bloomberg News reported on Saturday, citing people familiar with the matter. At least one other suitor is makin...
Mar 18, 2023
Warren Buffett in discussions with Biden officials on banking crisis-source
WILMINGTON, Delaware (Reuters) - Berkshire Hathaway Inc's Warren Buffett has held discussions with senior Biden adminstration officials about the banking crisis, a source familiar with the matter told...
Mar 18, 2023
Lieutenant in Tyre Nichols’ death retired before termination hearing -reports
(Reuters) - A lieutenant with the Memphis Police Department involved in the traffic stop that led to the killing of Tyre Nichols in January filed for retirement before a disciplinary hearing to fire h...
Mar 18, 2023
BlackRock’s Hildebrand reportedly taking part in UBS, Credit Suisse talks
(Reuters) - BlackRock Inc Vice Chairman Philipp Hildebrand is taking part in talks as Swiss officials try to put together a deal for UBS Group to take over Credit Suisse Group AG, Bloomberg News repor...
Mar 18, 2023
Pence, New Hampshire’s Sununu rebuke DeSantis, back aid for Ukraine
By Gram Slattery WASHINGTON (Reuters) - The U.S. should continue supporting Ukraine, former Vice President Mike Pence and New Hampshire Governor Chris Sununu said on Saturday, a position that puts the...
Mar 18, 2023
Exclusive-UBS seeks about $6 billion in government guarantees for Credit Suisse deal -source
By Oliver Hirt and Stefania Spezzati (Reuters) - UBS Group AG is seeking government guarantees of about $6 billion for a potential takeover of Credit Suisse Group AG, a person with knowledge of the di...
Mar 18, 2023
Analysis-Financial or price stability? Fed faces calls to pause
By Paritosh Bansal and Ira Iosebashvili (Reuters) - With the U.S. and European banking crisis wreaking havoc in global markets, some financial industry executives are calling on the Federal Reserve to...
Mar 18, 2023
Thousands protest in Portugal to demand higher wages, cap on food prices
By Sergio Goncalves and Miguel Pereira LISBON (Reuters) - Thousands of protesters filled downtown Lisbon on Saturday to demand higher wages and pensions, as well as government intervention to cap soar...
Mar 18, 2023
UK’s John Lewis eyes end of 100% staff ownership – The Times
(Reuters) - British retailer John Lewis, which has been 100% owned by its staff, is considering diluting its partnership structure, The Times reported on Saturday. The chairperson, Dame Sharon White, ...
Mar 18, 2023
Peoria, IL, USA
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