credit

Swiss authorities are investigating the £2.6bn takeover of Credit Suisse by UBS amid possible breaches of criminal law, with government officials, regulators and executives at both firms under scrutiny. The move comes after Credit Suisse was rescued by its rival two weeks ago due to fears it would implode. The deal saw the creation of an institution with £1.3tn in assets.

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Swiss authorities are investigating the £2.6bn takeover of Credit Suisse by UBS amid possible breaches of criminal law, with government officials, regulators and executives at both firms under scrutiny. The move comes after Credit Suisse was rescued by its rival two weeks ago due to fears it would implode. The deal saw the creation of an institution with £1.3tn in assets.

Swiss prosecutors are investigating the takeover of Credit Suisse by rival UBS, following allegations of illegal collusion and market manipulation. The probe has sent shockwaves through the banking industry, as both Credit Suisse and UBS have faced scrutiny over their secretive dealings and the potentially damaging impact of their merger on competition in the Swiss … Read more

In the United States, Apple introduces an “buy first, pay later” payment option.

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In the United States, Apple introduces an “buy first, pay later” payment option.

USA / 28.03.2023 12:08:43 Apple launched the new service buy now pay after in USAa move that is likely to change the fintech sector dominated by firms like Affirm Holdings and the Swedish payment company Klarna. The service, called Apple Pay Later, It will allow users to divide purchases into four payments spread over six … Read more

Manager of Credit Risk (m/f/d) in Bolzano | south tyrol jobs.it

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Manager of Credit Risk (m/f/d) in Bolzano | south tyrol jobs.it

We are looking for a motivated employee with in-depth experience in the credit sector to strengthen the organizational unit Risk Management in the area of ​​credit (Credit Risk Management). Main tasks Monitoring of the loan portfolio (individual items and overall portfolio) Checking the correct classification and valuation of individual loans and the loan portfolio Monitoring … Read more

“The Credit Card Clause That Guarantees Price Protection by Refunding the Difference for Cheaper Products”

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“The Credit Card Clause That Guarantees Price Protection by Refunding the Difference for Cheaper Products”

Sometimes the satisfaction of getting a good deal is when you find the same item you bought at a higher price elsewhere. However, this can be reversed, and those headphones you bought for $77 at one store can be $38 at another store down the block. The bad drink can be resolved if the customer … Read more

There are limitations to reducing loan payments, but some options may be available.

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There are limitations to reducing loan payments, but some options may be available.

Since the European Central Bank (ECB) started raising its interest rates last year after an 11-year pause in an effort to curb the rapid rise in inflation, the Euribor rate for interbank loans has also risen significantly. As a result, monthly loan payments for both individuals and legal entities have increased. However, some borrowers do … Read more

Reports suggest UBS proposes purchasing Credit Suisse, which is struggling with a crisis, for a maximum of USD 1 billion.

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Reports suggest UBS proposes purchasing Credit Suisse, which is struggling with a crisis, for a maximum of USD 1 billion.

It seems that UBS, one of Switzerland’s largest banks, may be stepping up to the plate to rescue its competitor from disaster. Recent reports suggest that UBS has made an offer to purchase Credit Suisse, a bank that has been struggling with a series of crises and scandals in recent years. The proposed deal, worth … Read more

More than $450 million withdrawn from Western funds by Credit Suisse.

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More than 0 million withdrawn from Western funds by Credit Suisse.

A net outflow of more than $450 million from the 13th to the 15th from the US and European funds of the Swiss financial giant Credit Suisse, whose stock prices have plummeted due to financial instability, Morningstar said on the 17th. I found this out through direct research. (2023 REUTERS/Denis Balibouse) [ロンドン １７日 ロイター] – … Read more

Online betting by high-risk players using credit cards will be banned by the government.

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Online betting by high-risk players using credit cards will be banned by the government.

He Government has approved this Tuesday the royal decree to prohibit the use of credit cards to vulnerable players who want to bet online. They will only be able to use nominative means of payment and that they own, and they will also have to have a telephone assistance and help service for risk behaviors. … Read more