2023-05-24 21:23:23 New York, Düsseldorf The ongoing debt dispute in the US is getting on the nerves of Wall Street investors more and more. The Dow Jones index of standard values closed 0.8 percent lower on Wednesday at 32,799 points. The tech-heavy Nasdaq fell 0.6 percent to 12,484 points. The broad S&P 500 lost 0.7 … Read more
2023-05-12 18:02:49 Construction site in Stockholm The Swedish real estate market is coming under pressure. (Foto: Bloomberg/Getty Images) Frankfurt/Stockholm Anyone who asks supervisors and bankers these days about the biggest risks to financial stability will often get one answer: commercial real estate. Rising interest rates are driving up financing costs, while at the same time the … Read more
2023-05-08 08:21:00 Presidente de Bursamétrica After another stormy week for local US banks, where First Republic Bank had to be bailed out by regulators and sold its assets to JPMorgan & Chase after suffering the withdrawal of more than $100 billion of deposits, other banks PacWest, Western Alliance, First Horizon, Zions Bancorp, and Metropolitan Bank … Read more
2023-04-14 20:51:35 New York Weak retail sales in the US pushed Wall Street into the red on Friday despite strong balance sheets from major US banks. The Dow Jones lost 0.4 percent to 33,886 points. The tech-heavy Nasdaq was also down 0.4 percent to 12,123 and the broader S&P 500 was down 0.2 percent to … Read more
New York Weak retail sales in the US pushed Wall Street into the red despite strong balance sheets from major US banks. The Dow Jones index of standard values was 0.5 percent weaker at 33,847 points on Friday. The broader S&P 500 lost 0.3 percent to 4132 points. The Nasdaq technology exchange index fell 0.4 … Read more
New York Investors on Wall Street start the new stock market week cautiously. The leading indices Dow Jones and S&P 500 lose 0.3 and 0.7 percent respectively in early trading on Easter Monday. The losses in the technology-heavy Nasdaq index are even greater – minus 1.2 percent. Heavyweights like Alphabet, Apple and Tesla are showing … Read more
The agreement was made “urgently” and “under pressure” from Switzerland’s main economic partners to avoid widespread panic on the stock markets. The Swiss government will provide a guarantee of 9 billion euros to UBS for the acquisition. Switzerland’s largest bank, UBS, under pressure from the authorities, agreed on Sunday to buy rival Credit Suisse for … Read more
Zurich, Frankfurt The struggle for the future of Credit Suisse is over: UBS takes over the second largest Swiss bank. The Swiss National Bank (SNB) is supporting the emergency merger with liquidity assistance amounting to CHF 100 billion, as the government, financial regulator and the two banks announced in a joint press conference. UBS pays … Read more