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At Close: Sep 08, 2023
Saudi National Bank chairman quits after his comments sparked Credit Suisse turmoil — and $1 billion in losses for his company
05:59am, Monday, 27'th Mar 2023
Ammar Al Khudairy took the spotlight after he ruled out investing any more into the troubled Credit Suisse, sparking a freefall in the Swiss bank's stock price.
Credit Suisse's top execs could face a probe over their role in the banking giant's collapse, Swiss watchdog says
05:37am, Monday, 27'th Mar 2023
Credit Suisse was rescued by rival UBS last Sunday, bringing down the curtain on its 167-year history.
Saudi Chairman of Credit Suisse's Largest Investor Resigns
05:23am, Monday, 27'th Mar 2023
Ammar al-Khudairy stepped down less than two weeks after his comments set off a panic with the European lender's shareholders, prompting the Swiss government to engineer an emergency takeover by UBS.
Swiss sight deposits jump, suggesting Credit Suisse, UBS took emergency liquidity
05:16am, Monday, 27'th Mar 2023
Sight deposits held by the Swiss National Bank (SNB) jumped last week, data showed on Monday, suggesting that both Credit Suisse and UBS may have taken big chunks of emergency liquidity to secure thei
Saudi National Bank Chair Quits After Comments Helped Push Credit Suisse Into Tailspin
05:12am, Monday, 27'th Mar 2023
The chairman of Credit Suisse's largest shareholder helped trigger a calamitous drop in share price when he ruled out pumping more cash into the ailing bank.
Saudi National Bank chair resigns just days after Credit Suisse comments sparked sell-off
04:40am, Monday, 27'th Mar 2023
Al-Khudairy's resignation comes days after his comments fueled investor panic and contributed to a selloff in the shares of embattled lender Credit Suisse.
Chairman of Saudi National Bank who sparked turmoil for Credit Suisse resigns: report
02:21am, Monday, 27'th Mar 2023
Ammar Al Khudairy, the chairman of Saudi National Bank 1180, +0.98% , has reportedly resigned and will be replaced by the bank's chief executive officer, Saeed Mohammed Al Ghamdi, Bloomberg reported o
Credit Suisse Faces Possible Probe
07:12pm, Sunday, 26'th Mar 2023
Credit Suisse is facing the threat of a possible investigation and disciplinary action over how top managers ran the bank in lead up to its collapse. Adam Haigh reports on Bloomberg Television.
3 Stocks to Buy After the SVB Collapse Wiped Out Their Rivals
12:13pm, Sunday, 26'th Mar 2023
Let's start by stating the obvious – the recent banking meltdown certainly isn't a positive for investors. When SVB Financial (NADSAQ: SIVB ) and other banks failed, investors confidence in the fin
Credit Suisse could face disciplinary action, Swiss regulator says
09:16am, Sunday, 26'th Mar 2023
Swiss financial regulator FINMA said it was considering whether to take disciplinary action against Credit Suisse managers after Switzerland's second largest bank had to be rescued last week by UBS.
Credit Suisse accessed billions in liquidity last weekend - finance minister
04:44pm, Saturday, 25'th Mar 2023
Credit Suisse tapped the Swiss National Bank for "a large multi-billion amount" last weekend to secure its liquidity, the country's finance minister Karin Keller-Sutter told Swiss broadcaster SRF on S
Make Your Own Bank Run On These Blue-Chip Yields
09:32am, Saturday, 25'th Mar 2023
Is it time for us contrarians to “buy the dip” in bank stocks?
More Tech Layoffs; Ongoing Bank Drama
09:00am, Saturday, 25'th Mar 2023
Plus, Jacob Goldstein, host of the podcast "What's Your Problem?," talks about bank runs.
There's More to the Mint Mobile Deal Than Ryan Reynolds
08:26am, Saturday, 25'th Mar 2023
Are General Motors and Outset Medical on your radar?
Deutsche Bank is the latest to spark concern, and it follows the recent collapses of Silvergate, Silicon Valley Bank, Signature and Credit Suisse.
