According to documents outlining the merger, Credit Suisse and UBS could receive more than 260 billion Swiss francs ($280 billion) in state and central bank
Category: Europe
Credit Suisse says regulators gave orders that $17b bonds be rated as junk.
In a move that enraged investors on Sunday, Credit Suisse announced that 16 billion Swiss francs ($17.24 billion) of its Additional Tier 1 debt will
French Insurer AXA has exposure of $640m zero-rated bonds with Credit Suisse.
According to a statement made on Monday, the French insurer AXA had a “small exposure” to the Swiss bank Credit Suisse of roughly 0.6 billion
Hamburg church mass shooting leaves 8 dead, several injured.
Eight persons were killed in a shooting at a Jehovah’s Witnesses hall in Hamburg, Germany, reportedly including the shooter, authorities announced on Friday. Unknown numbers
ECB to test banks for cyber resilience due to the sharp rise in cyber-attacks.
After a substantial increase in cyber-attacks, notably following Russia’s invasion of Ukraine, the European Central Bank aims to test the biggest banks in the eurozone
Russia set to deploy Sarmat nuclear missile with multiple warheads.
After American claims that the weapon failed a recent test, Russian President Vladimir Putin announced on Thursday that the new Sarmat intercontinental ballistic missile will
Russian leader puts the world on notice of a nuclear conflict: steps down New Start treaty.
In his annual speech to parliament on Tuesday, Russian President Vladimir Putin accused the West of playing a dirty game over Ukraine. His speech, which
Portugal tackles housing crisis with $1b, scrapping Golden Visas and banning Airbnb rentals.
Portugal unveiled a sizable package of measures on Thursday to address the country’s housing issue, including the termination of its divisive “Golden Visa” program and
Energy crisis: Europe has expended almost 800b euros on subsidies.
Researchers stated on Monday that the cost for European nations to protect people and businesses from rising energy expenses has risen to about 800 billion
Europol shuts down a drug trade-related encrypted app; 48 arrested.
According to German police, detectives in Europe have deactivated a secure conduit for organized crime, primarily the drug trade, and have also detained 48 persons.
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