Sunday, December 22

Browsing: Global Banking

Court declares Oracle subsidiary in Russia bankrupt

2 Mins ReadAugust 7, 2023

Sberbank and Alfa-Bank are also among the company’s creditors, with claims totaling 77.2 mln ($800,000) and 99.4 mln rubles ($1…

Ruble weakens to 16-month low

2 Mins ReadAugust 7, 2023

The drop is being attributed to a decrease in foreign currency supply and a changing trade balance The Russian ruble…

UBS buys Credit Suisse for $3.2 billion as regulators look to shore up the global banking system

5 Mins ReadMarch 20, 2023

UBS agreed to buy its embattled rival Credit Suisse for 3 billion Swiss francs ($3.2 billion) Sunday, with Swiss regulators playing a key…

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