Credit Suisse shares slide despite moves to calm investor fears

Credit Suisse fell into market turmoil before its renewal Shares fell as much as 10% in early trading on Monday Euro-denominated bank bonds hit record lows Swiss bank says its capital and liquidity are strong ZURICH, October 3 (Reuters) – Credit Suisse Bank (CSGN.S) Shares fell as much as 10% on Monday, reflecting market concerns … Read more

How the next generation of the internet will boost open banking solutions from fintech companies

Although many of us turn our minds to the vast social media applications of metaverse, this new technology landscape extends far beyond the realm of social networking and entertainment and into more traditional sectors. The growth of virtual and augmented reality has enabled the buying and selling of goods In virtual environments, revolutionizing how consumers … Read more

American fines 16 Wall Street companies $ 1.8 billion for talking about deals and trades on personal applications

(Reuters) – US regulators on Tuesday fined 16 financial firms, including Barclays Bank (Barkel)Bank of America, Citigroup, and Credit Suisse (CSGN.S)and Goldman Sachs, Morgan Stanley, and UBS (UBSG.S)$1.8 billion after employees discussed deals and deals on their personal devices and apps. The sweeping industry investigation, first reported by Reuters last year and later revealed by … Read more

Morning show: Eye of the Storm

Register now to get free unlimited access to Reuters.com Register A look at the day ahead in the US and global markets from Mike Dolan. With Hurricane Ian erupting with its sights set on Cuba and Florida, a global financial storm in the bond and currency markets has subsided moderately – although likely only temporarily. … Read more

Federal Reserve officials stare at the markets, say inflation is the focus

Register now to get free unlimited access to Reuters.com Register WASHINGTON (Reuters) – Federal Reserve officials on Monday shrugged off heightened volatility in global markets from falling U.S. stocks to currency turmoil abroad and said their priority remained controlling domestic inflation. “There are interactions out there,” said Loretta Meester, president of the Federal Reserve Bank … Read more

In China, homebuyers occupy their unfinished “rotting” property

GUILIN, China (September 26) (Reuters) – Six months ago, Ms. Xu’s home was a room in a high-rise apartment in the southern Chinese city of Guilin she bought three years ago, drawn by brochures promoting her river views. and clean city air. However, her living conditions are far from those promised: unpainted walls, potholes where … Read more

Big UK tax cuts deepen sell-off, dollar rises and bonds tumble

Register now to get free unlimited access to Reuters.com Register MSCI All-World hits two-year low The dollar reaches its highest level in two decades Selling sterling and gold after a ‘mini-budget’ in the UK The Yen is down but traders are wary of further intervention Treasury bonds headed for an eighth weekly loss LONDON (Reuters) … Read more