Credit Suisse executives are reassuring investors after the CDS jump, Financial Times reports

Credit Suisse executives are reassuring investors after the CDS jump, Financial Times reports

October 2 (Reuters) – Credit Suisse (CSGN.S) executives spent the weekend reassuring big customers, contractors and investors about their liquidity and capital position, the Financial Times said on Sunday. A Credit Suisse spokesman declined to comment on the report when Reuters contacted him. Executives entered into talks after Credit Suisse credit default swaps (CDS) spreads, … Read more

Barclays was fined $ 361 million for a “stunning” mistake

Sep. 30 (Reuters) – UK lender Barclays (BARC.L) agreed on Thursday with US regulators a $ 361 million fine for “staggering” setbacks that led to a sell-off of $ 17.7 billion of structured products, risking further costs for a bug that was destroyed CS Venkatakrishnan’s first year CEO. The bank said after the London market … Read more

Cryptoverse: Bitcoin miners are stuck in the bearish pit

A representation of bitcoin can be seen in the illustrative photo taken at La Maison du Bitcoin in Paris, France, June 23, 2017. REUTERS / Benoit Tessier Sign up now for FREE unlimited access to Reuters.com Register September 27 (Reuters) – Reflect on a besieged bitcoin mine. In late 2021, miners were toasting the city … Read more