Tag: Credit Suisse

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Nestle to examine banking relationships following Credit Suisse downfall

Nestle will examine its banking relationships following the planned takeover of Credit Suisse (CSGN.S) by UBS (UBSG.S), the food group's Chief Executive Mark Schneider said on Tuesday. The world's largest food...

Global bank bonds claw back losses as markets rout eases

An uneasy calm descended across battered bank bonds and shares on Tuesday, with prices recovering a day after regulators sought to convince investors that...

Oil rises for second day as banking fears ease for now

Oil rose on Tuesday, extending a recovery from a 15-month low hit the previous day, as the rescue of Credit Suisse eased worries about...

Switzerland’s secretive Credit Suisse rescue rocks global finance

 Days before a hastily convened press conference late on Sunday that would make the world's front pages, Switzerland's political elite were secretly preparing a...

Gold bounces to 1-yr high as banking sector concerns return to fore

Gold prices jumped 1% to their highest since March last year on Monday, erasing earlier losses, as worries about the global banking sector returned...

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World Bank’s Banga says more bilateral debt forgiveness needed

World Bank President Ajay Banga said on Thursday (17...

Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

Ghana has finalised a pact with its official creditor...

Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

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