Picture used for illustrative purpose only.
Credit Suisse said on Tuesday it will take a 4.4 billion Swiss franc ($4.7 billion) hit from dealings with Archegos Capital Management, prompting it to overhaul the leadership of its investment bank and risk divisions.
Credit Suisse sought to shore up its liquidity and restore investor confidence on Thursday by borrowing up to $54 billion from Switzerland’s central bank,
The second largest Swiss bank, Credit Suisse, just managed to avoid sinking when the Swiss National Bank (SNB) threw a lifeline of 50 billion Swiss francs ($54 billion) because the Swiss authorities felt that Credit Suisse was “globally systemically important” and that it should not fall because if it fell it could possible bring down others
DP World, a global leader in supply chain solutions, has partnered with Standard Bank, the largest bank in Africa by assets, to offer trade finance solutions jointly with DP World Trade Finance.
Dubai’s Department of Economy and Tourism (DET) today announced the launch of a new QR Code initiative for Holiday Homes in Dubai, as part of efforts to improve transparency
The second edition of the UAE China Tyre & Auto Parts Expo, supported by the Sharjah Chamber of Commerce and Industry and organised by Inter-Commerce Expo,