A recession is coming — and stock markets won’t come through it unscathed, strategist says
The latest U.S. economic data suggests a recession is coming, according to the chief executive of financial advisory firm Longview…
Veteran investor David Roche says a credit crunch is coming for ‘small-town America’
The banking turmoil of March, which saw the collapse of several regional U.S. lenders, will lead to a credit crunch…
‘We should be worried’: Finance leaders warn rising interest rates are squeezing low-income countries
Leaders of several global financial bodies warned that rising interest rates are increasing pressure on low-income developing countries, around 60%…
Japanese trading houses rise as Warren Buffett raises stakes and says he may buy more
Shares of Japanese trading houses rose on Tuesday after Warren Buffett, chairman and CEO of Berkshire Hathaway, raised his stakes in…
BofA reports inflows into global stocks are on a record-setting pace — and ETFs may be a way to play the hot trade
There’s a corner of the market gaining traction among ETF investors, according to The ETF Store’s Nate Geraci. The firm’s…
Private equity deals in Asia plunged 44% in 2022. More uncertainty may be ahead
Asia-Pacific’s private equity market plummeted last year — as investors’ appetite for risk fell in the face of inflation and…
‘The first bank crisis of the Twitter generation’: The pressure on banks is very different from 2008
LONDON — Turbulence across the banking sector has prompted the question of whether we are teetering on the edge of…
UBS buys Credit Suisse for $3.2 billion as regulators look to shore up the global banking system
UBS agreed to buy its embattled rival Credit Suisse for 3 billion Swiss francs ($3.2 billion) Sunday, with Swiss regulators…
Asia’s regulators say banking system is robust and stable after UBS-Credit Suisse takeover deal
Regulators in Asia issued reassuring statements Monday that their banking systems remained robust and stable after Swiss banking giant UBS…
