Amid an up and down 2023 in terms of US high yield fund flow, investors withdrew for the second straight month in September.
With the global economy still reeling from the adverse effects of inflation and increasing borrowing costs, some industries have seen an increase in bankruptcies over the last few months.
In a deal that will effectively merge the two largest banks in Switzerland, it was announced on March 19th that UBS Group will be acquiring the embattled Credit Suisse.
With nearly two thirds of their deposits uninsured by the FDIC, Moody’s placed First Republic Bank on a downgrade watch earlier this week.
The governing council of the European Central Bank (ECB) will be meeting this Thursday on March 16th to set the key interest rates for the Eurozone.
The collapse of Silicon Valley Bank and subsequent seizure by the FDIC has had impacts throughout the economy, including private credit markets.
Financial Tremors: U.S. Banking Industry Facing Increased Risk in Aftermath of Silicon Valley Bank’s Collapse
U.S. Banking Industry Facing Increased Risk in Aftermath of Silicon Valley Bank’s Collapse
Monday 27th of February – Major League Baseball releases an official statement announcing its partnership with online ticket marketplace SeatGeek to become MLB’s official ticket marketplace in a five-year deal.
For Switzerland’s Credit Suisse the 2022 calendar year could not have ended any sooner.
Solve Advisors Named Best Fixed Income Data Provider 2022 at the Wealth & Finance Magazine FinTech Awards