Tag: Credit Suisse Group AG

Oil Prices Rise as the West Imposes a Cap on Russian Crude

Energy traders pushed crude prices higher on Monday following Europe’s embargo of seaborne Russian crude and a price cap by Group of 7 nations went into effect.

December 5, 2022
Twitter Employees Fear Elon Musk Won’t Make Promised Payouts

The social network’s new owner has just a few days to determine whether to pay millions to employees, or get rid of them.

October 28, 2022
Credit Suisse Unveils Sweeping Revamp to Revive Its Fortunes

The restructuring includes shrinking its investment bank and raising $4 billion in capital from investors, including a state-owned Saudi bank.

October 27, 2022
How Credit Suisse Became a Meme Stock

The longstanding troubles of Credit Suisse recently grabbed the attention of amateur investors whose social media posts sparked fears that the bank was running out of money.

October 17, 2022