South African catastrophes, power woes signal end of cheap insurance
South Africa long considered a low-risk marketPandemic, riots, floods have battered country in recent yearsProspect of a power grid failure ...
Tag: WEU
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Network fee not the fix for European telecoms financial problems, Meta says
BRUSSELS, March 23 (Reuters) - Meta Platforms (META.O) on Thursday voiced its strongest criticism to date of a push by ...
Deutsche Bank shares tumble, default insurance cost shoots up
LONDON/FRANKFURT, March 24 (Reuters) - Deutsche Bank shares (DBKGn.DE) fell for a third day on Friday, after a sharp jump ...
Credit Suisse, UBS among banks facing US’s Russia-sanctions probe -Bloomberg News
March 23 (Reuters) - Credit Suisse AG (CSGN.S) and UBS group AG (UBSG.S) are under scrutiny in a U.S. Department ...
Citigroup CEO declares ‘this is not a credit crisis’ after U.S. bank failures
March 22 (Reuters) - Citigroup Inc (C.N) CEO Jane Fraser on Wednesday expressed confidence in U.S. banks after a series ...
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German green group sues Meta alleging failure to curb threats
March 22 (Reuters) - A prominent German environmental group said on Wednesday it was suing Facebook's parent company Meta (META.O), ...
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Kenyan judge temporarily blocks mass layoff of Facebook moderators
NAIROBI, March 21 (Reuters) - A Kenyan judge on Tuesday temporarily blocked the mass redundancy of some 260 Facebook content ...
Switzerland’s secretive Credit Suisse rescue rocks global finance
ZURICH, March 20 (Reuters) - Days before a hastily convened press conference late on Sunday that would make the world's ...
PIMCO lost $340 mln with Credit Suisse AT1 bonds write-off – source
NEW YORK, March 20 (Reuters) - Bond giant PIMCO lost about $340 million on a category of Credit Suisse bonds ...
Exclusive: Credit Suisse says some clients may want to move wealth assets after UBS deal
SHANGHAI/HONG KONG, March 20 (Reuters) - Credit Suisse told staff its wealth assets are operationally separate from UBS for now, ...
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