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Wealthy Americans love UBS, the secretive Swiss bank
UBS is poised to join the ranks of global megabanks after acquiring Credit Suisse for…
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Credit Suisse sheds another 8% as traders digest emergency liquidity
The shares of Credit Suisse fell 8% on Friday after soaring during the previous session…
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Silicon Valley Bank dropped another 60% and was halted Friday as regulators shut it down
The shares of Silicon Valley Bank, formerly known as SVB Financial Group, tumbled for a…
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Market Cap for Binance Stablecoin BUSD Plummets 43% in 30 Days
The third-place ranking Binance currently holds as the world's largest stablecoin may soon change. In…
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Fed’s Mester says she has hope that inflation can be brought down without a recession
Loretta Mester, president of the Cleveland Federal Reserve, stated Friday that interest rates would likely…
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Goldman Sachs CEO says odds of a ‘softer landing’ for U.S. economy have improved
According to Goldman Sachs CEO David Solomon, there are increased chances that the U.S. economy…
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Coinbase shares fall as SEC takes crypto staking action against Kraken
Shares of Coinbase closed down 14% on Thursday after CEO Brian Armstrong expressed concern about…
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Fed raises rates a quarter point, expects ‘ongoing’ increases
On Wednesday, the Federal Reserve raised its benchmark interest rate by a quarter percentage point.…
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How the Federal Reserve affected 2022′s stock market
The Federal Reserve has emerged as the largest stock market force over the past century.…
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Goldman Sachs is planning to cut up to 8% of its employees in January
'Goldman Sachs,' the storied investment bank, plans to cut up to 8% of its employees…