Chinese ride-hailing giant Didi plans expansion after Beijing’s crackdown on the firm ends
The Beijing-headquartered company said in an online statement that it plans to work with partners in 2023 to launch more diversified products and services.
HSBC bought Silicon Valley Bank UK in record time — here’s how events unfolded
The CEO of HSBC UK said he would not have guessed — just a few days beforehand — that it would be buying Silicon Valley Bank UK.
Credit Suisse shares soar over 18% on Swiss National Bank loan announcement
Credit Suisse shares rose over 30% at the market open after the bank said that it will borrow up to $54 billion from the Swiss National Bank.
Here are the world’s best airports for 2023
Singapore’s Changi Airport has been named the “world’s best airport” for a record 12th time.
Saudi National Bank says panic over Credit Suisse is ‘unwarranted’
“It’s panic, a little bit of panic. I believe completely unwarranted, whether it be for Credit Suisse or for the entire market,” he said on CNBC’s “Capital Connection.”
A key risk gauge is surging for Credit Suisse — and other European banks too: Here are the worst impacted
European banks have seen a sharp increase in risk indicators following the failure of Silicon Valley Bank.
Dutch farmers’ protest party scores big election win, shaking up Senate
A farmers’ protest party shook up the political landscape in the Netherlands on Wednesday, emerging as the big winner in provincial elections that determine the make-up of the Senate.
CNBC Daily Open: Credit Suisse brings the banking crisis to Europe
Credit Suisse tanked after its largest investor said it couldn’t provide more financial assistance. Banks in the U.S. and Europe were slammed on the news.
India’s financial crime agency searches Franklin Templeton execs, sources say
The Enforcement Directorate is conducting searches on Vivek Kudva, former Asia Pacific head of Franklin Templeton, his wife Roopa Kudva and Santosh Kamath.
European markets higher; bank stocks up 1.3% as Credit Suisse soars
European markets were higher Thursday after the Swiss National Bank said it would provide additional liquidity to Credit Suisse.
