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Tag: finance sector

Credit Suisse takeover prevented Swiss economy collapse: Minister
Business

Credit Suisse takeover prevented Swiss economy collapse: Minister

April 9, 2023April 9, 2023

Finance Minister Karin Keller-Sutter mentioned Sunday that Switzerland’s economic system would in all probability have collapsed if Credit Suisse had gone bankrupt. Keller-Sutter advised an

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Rush to find buyer as Silicon Valley Bank collapse sends shockwaves
Business

Rush to find buyer as Silicon Valley Bank collapse sends shockwaves

March 12, 2023March 12, 2023

The surprising collapse of Silicon Valley Bank on Friday despatched jitters by way of world markets. It walloped banking shares, with corporations scrambling to determine

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