Credit Suisse purchased $1.6 billion of Ecuador’s loans to safeguard the Galapagos Islands in the biggest debt-for-nature transaction ever. The plan entails purchasing three of Ecuador’s biggest government bonds at…
German market sentiment falls due to banking fears – ZEW
The economic research organization ZEW said on Tuesday that investor sentiment in Germany dropped in March. This is due to fears of a new financial crisis, ending a streak of…
By News Team March 21, 2023
Swiss politicians oppose massive bank deal
The two major political parties in Switzerland have expressed vehement opposition to UBS’s takeover of Credit Suisse. They argue that the government’s multibillion-dollar support for the merger presents grave risks…
By Staff Writer March 20, 2023
As Credit Suisse deal sparks further jitters, Japanese Yen jumps
Investors rushed to the Japanese yen on Monday after UBS’s low-cost acquisition of Credit Suisse failed to soothe the markets. In accordance with the deal, Credit Suisse additional tier-1 (AT1)…
By Staff Writer March 20, 2023
What should be your ideal monthly income? Opinion!
Your desires know no bound and your ideal monthly income usually always exceeds what you get paid at the end of each month. Indeed, we live in an unjust world,…
By Staff Writer April 3, 2020