Switzerland's largest bank, UBS, is reported to be negotiating to buy all or part of Credit Suisse, with the blessing of the Swiss regulatory authorities, according to news reports.
The news follows a day in which the value of the shares of the Zurich-based bank fell by more than 25 percent.
The recent wave of power shortages is being felt across Afghanistan, and the Taliban blame the international community for the country's political and financial isolation since the group took over last year.
Russians’ trust in the ruble is increasing, even though they keep buying dollars and euros.
Lawmakers ratify the budget after almost a two weeks marathon debate in the country's national assembly.
With marriages becoming increasingly expensive, more Americans, particularly Blacks, can barely afford them.
Lebanon is grappling with the worst economic and financial crisis in its modern history, one that the World Bank has said is likely to rank as one of the worst the world has seen in the past 150 years.
The Bill and Melinda Gates Foundation, with an endowment of nearly $50 billion, donates some $5 billion annually to global causes. The foundation says it has spent $54.8 billion since 2000 on malaria, polio, ebola and other programmes.
From purchasing goods via online retailers, bill payments to donations, there are several ways that Bitcoin holders can spend the cryptocurrency.
The first batch of designations target 39 people or entities, including Syrian regime leader Bashar al Assad personally as well as his wife Asma — the first time she has been targeted by US sanctions.
Experts say such threats are not new to the country and its banking regulator knows how to deal with such unethical financial conduct.
Americans stare at a future full of obstacles as unemployment exceeds 16 percent and household debt crosses the $14 trillion mark.
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