Month : March 2023
Disney ousts Marvel chair after he clashed with chief executive
Move is part of efforts to eliminate 7,000 roles, according to people briefed on the matter...
Credit Suisse whistleblowers say Swiss bank has been helping wealthy Americans dodge U.S. taxes
The bank notoriously pleaded guilty in 2014 to criminal charges for “knowingly and willfully” helping U.S. clients hide offshore assets and income from the IRS....
Sergio Ermotti returns as UBS CEO to oversee Credit Suisse takeover
Sergio Ermotti will replace current CEO Ralph Hamers, who is set to remain at UBS to advise the bank during the transition period, UBS said....
Sergio Ermotti returns as UBS chief to steer Credit Suisse takeover
Ralph Hamers to step down after agreeing $3.25bn rescue deal...
SVB customers tried to withdraw nearly all the bank’s deposits over two days, Fed’s Barr testifies
The run on Silicon Valley Bank’s deposits this month went far deeper than was initially known....