Wall Street is downgrading European banks after stresses in the sector led to the emergency merger of the two largest lenders in Switzerland. Simultaneously, investment bank...
Investors breathed a sigh of relief after the Swiss National Bank said it would provide a liquidity backstop for Credit Suisse. Arnd Wiegmann / Stringer /...
Turkish President Tayyip Erdogan addresses members of his ruling AK Party (AKP) during a meeting at the parliament in Ankara, Turkey May 18, 2022. Murat Cetinmuhurdar/Presidential...
Saudi National Bank says panic over Credit Suisse is unwarranted The chairman of Credit Suisse’s largest shareholder, Saudi National Bank, told CNBC’s Hadley Gamble that the recent...
European stock markets were sharply lower Wednesday, with banking stocks in deep negative territory amid the global Silicon Valley Bank fallout and more bad news for...
A trader works as a screen displays the trading information for BlackRock on the floor of the New York Stock Exchange (NYSE) in New York City,...
An employee views a FTSE share index board in the atrium of the London Stock Exchange Group Plc’s offices in London, U.K., on Thursday, Jan. 2,...
Air France-KLM said on Friday its 2023 bookings were almost back to pre-pandemic levels as it reported a better-than expected fourth-quarter operating profit with global travel...
European officials have for several years been debating the need to be more autonomous and less reliant on other parts of the world, but talks intensified...
Goldman Sachs has already said that non-U.S. stocks will beat the S & P 500 this year . Now it’s doubling down on Europe’s fortunes, saying...