The biggest shareholder of Credit Suisse’s leader is departing – E15.cz.
Khudayrí announced that he was leaving for personal reasons. But his resignation comes 12 days after he categorically ruled out in an interview with Bloomberg that the SNB would provide Credit Suisse with another financial injection if the troubled Swiss bank needed it. Chudajrí explained that if the SNB were to buy additional shares of […]
“Is Deutsche Bank Following in Credit Suisse’s Footsteps? Examining the Factors Behind the Significant Share Decline” – E15.cz
“Deutsche Bank has really taken Credit Suisse’s place as the next weak link in the chain, perhaps wrongly,” said analyst David Goebel of Evelyn Partners. The fall in the shares of the European number one thus pulls down the shares of other major European banks as well. What is Deutsche Bank and why is it […]
Central Bank Interest Rate Hikes and Bank Concerns Drag Down European Stock Markets, Closing Lower on Friday
European stock markets closed lower on Friday, as investors took stock of a week of interest rate hikes by central banks and analyzed the latest news from the banking sector, which led to a decline in bank stocks, reports CNBC. The pan-European Stoxx 600 index ended the day down 1.4% and almost all sectors recorded […]
Traffic Jams Expected in Linz on Friday Due to Football Game
There are delays here. Two big events will take place in Linz on Friday. The ÖFB European Championship qualifier on the Gugl against Azerbaijan and right next door in the Tips Arena there’s the “Riverdance Show”. Kick-off for the football game is at 8:45 p.m., the event in the Tips Arena starts at 8:00 p.m. […]
rewrite this title Fear of Deutsche Bank. Shares of bank titles fall again – E15.cz
This time, the attention of financial market players was focused on Deutsche Bank. In recent years, the largest German financial house has been struggling with various problems, low profitability and undergoing restructuring, similar to Switzerland’s Credit Suisse. It ran into trouble last week due to an outflow of client deposits, resulting in a weekend takeover […]
Credit Suisse to be acquired by UBS for 45 billion crowns following bankruptcy – E15.cz
Bloomberg previously reported that Swiss authorities are considering partial or full nationalization of the country’s second-largest bank. Switzerland should have resorted to this extreme solution in the event that the merger with rival UBS could not be negotiated. As part of the deal, the Swiss central bank will also provide $100 billion to boost Credit […]
A Comprehensive Remission Achieved in a Patient with Leukemia by AB Science
– (CercleFinance.com) – AB Science reported last night a case of ‘complete response’ in one of the patients treated as part of its phase I/II study in acute mylodic leukemia (AML). first cycle of treatment, ie after three consecutive days of treatment with its product AB8939, the company claims to have observed a ‘drastic’ reduction […]
Silicon Valley Bank went bankrupt due to corporate panic and director Becker – E15.cz
A few days before the FDIC’s announcement, there was no significant indication of the more significant problems of the sixteenth largest lender in America with assets of around two hundred billion dollars. Although the financial situation of the bank has worsened over the past few years, the management tried to save the situation, especially by […]
The Prague Stock Exchange and the PX index. How stocks are doing at home – E15.cz
PX index and current value The PX index reached its historically highest values in 2007. But this was followed by a sharp drop as a result of the global economic crisis. The decline due to the coronavirus shock in March 2020 was similarly dramatic. Even thanks to the extremely loose policy of central banks, the […]
European shares are at a monthly low after a significant drop in the US – News
The pan-European STOXX Europe 600 index lost about 1.6 percent shortly before 10:00 a.m. CET on Friday and was below 453 points. The main index of the London Stock Exchange FTSE 100 also depreciated about 1.6 percent at the same time and moved below 7,756 points. Bank shares traded in London lost more than four […]