EU antitrust regulators investigate suspected cartel activity in energy drinks industry
On Tuesday, the European Commission reported that it conducted raids on a company operating in the...
Swiss Government Halts Bonus Payments for Credit Suisse Employees
The Swiss government has directed Credit Suisse to halt temporarily the payment of bonuses to its...
Mercedes-Benz site searched by authorities over corruption allegations
German prosecutors are investigating two employees of Mercedes-Benz for suspected corruption, and searches were conducted last...
Gamers’ Lawsuit Against Microsoft’s $69 Billion Activision Acquisition Dismissed
On Monday, Microsoft Corporation (MSFT.O) won a dismissal of a private consumer antitrust lawsuit over its...
Short seller warned the FDIC of trouble at Signature Bank in mid-January
Regulatory oversight and process of checks and balances in US banking industry is facing a big...
Moody’s downgrades outlook for UBS following Credit Suisse acquisition
Moody's, the credit rating agency, recently made an announcement on Tuesday confirming the credit ratings of...
Virgin Orbit’s insolvency planning signals financial turbulence
Virgin Orbit Holdings Inc, a company that specializes in satellite launches, has reportedly started preparing detailed...
US mid-sized banks call upon FDIC for fair deposit insurance coverage to restore stability
A number of mid-sized regional banks and community banks in the United States are urging the...
Credit Suisse’s 9000 Job Cuts Only the Tip of the Iceberg, Says UBS Chairman
Prior to its government-brokered takeover, Credit Suisse Group AG had already been in the process of...
Saudi National Bank’s $1 Billion Loss Highlights Risks of Equity Investments
Saudi National Bank has disclosed that it has experienced a loss of nearly 80% on its...