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Financial News Around the World

Credit Suisse sells most of its securitized products business to Apollo as it speeds up restructure

Credit Suisse said it would accelerate the restructure of its investment bank by selling a significant portion of its securitized products group to Apollo.

Published 15 November 2022
Categorised as Finance News

People who fly private jets don’t want to return to airlines. But it’s costing them a lot more than it used to

A new survey shows private jet travelers want to continue to fly privately. But they’re shopping around for cheaper companies, thanks to increasing costs.

Published 15 November 2022
Categorised as Finance News

Stocks making the biggest moves after hours: Taiwan Semiconductor, Paramount Global and more

These are the stocks posting the largest moves in midday trading.

Published 14 November 2022
Categorised as Finance News

Investors bought nearly $7 billion in Series I bonds in October. Here’s the best time to cash them in, experts say

Investors purchased nearly $7 billion in Series I bonds in October, according to the Treasury Department. Here’s how to figure out when to redeem them.

Published 14 November 2022
Categorised as Finance News

Stocks making the biggest moves midday: Oatly, Amazon, Hasbro and more

These are the stocks posting the largest moves in midday trading.

Published 14 November 2022
Categorised as Finance News

Fed Vice Chair Brainard says it may ‘soon’ be appropriate to move to slower pace of rate hikes

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Published 14 November 2022
Categorised as Finance News

Inflation expectations rebounded in October on record-high jump in gas outlook, NY Fed survey shows

Americans grew more worried about inflation in the October, with fears emanating primarily from an expected burst in gasoline prices.

Published 14 November 2022
Categorised as Finance News

How the Bahamas trust laws shield assets from U.S. courts and creditors

CNBC’s Robert Frank join ‘Squawk on the Street’ to discuss scrutiny over the Bahamas tax policy, the incentive for foreign investors to base their operations in the Bahamas, and the strict privacy laws limiting bankruptcy proceeding transparency.

Published 14 November 2022
Categorised as Finance News

Binance is seeing a slight increase in withdrawals but otherwise it’s ‘business as usual,’ CEO says

Binance CEO Changpeng Zhao said the cryptocurrency exchange has seen only a slight uptick in withdrawals and is operating fine.

Published 14 November 2022
Categorised as Finance News

Crypto.com CEO downplays FTX contagion fears, says he’ll prove naysayers wrong as withdrawals rise

Crypto.com CEO Kris Marszalek said his firm had a “tremendously strong balance sheet” and wasn’t engaged in the kinds of practices that caused FTX’s collapse.

Published 14 November 2022
Categorised as Finance News

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