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European stocks higher; UBS rises as confidence returns
Stock Market

European stocks higher; UBS rises as confidence returns By Investing.com

© Reuters. By Peter Nurse  Investing.com – European stock markets traded higher Tuesday, helped by gains in the region’s banking sector as confidence grows that

Deutsche Bank Stock Price Rebounds Even as Worries Persist
Finances

Deutsche Bank Stock Price Rebounds Even as Worries Persist

The lender sought to reassure investors with a refreshed presentation of financial numbers. Source link

First Citizens Buys Much of Silicon Valley Bank
Business

First Citizens Buys Much of Silicon Valley Bank

The acquisition comes more than two weeks after the lender’s collapse sent tremors through the banking system.  Source link

Saudi Chairman of Credit Suisse’s Largest Investor Resigns
Finances

Saudi Chairman of Credit Suisse’s Largest Investor Resigns

Markets Finance Ammar al-Khudairy’s remarks about Saudi National Bank’s investment in the troubled lender set off an investor panic Source link

It Wasn’t Just Credit Suisse. Switzerland Itself Needed Rescuing.
Finances

It Wasn’t Just Credit Suisse. Switzerland Itself Needed Rescuing.

ZURICH—The chairman of Switzerland’s largest bank received an urgent call last week. On the other end were three top Swiss officials who delivered an ultimatum