Credit Suisse's "too big to fail" emergency plan would have triggered an "international financial crisis", according to Swiss finance minister Karin Keller-Sutter.
March 28, 2023The court said the SEC's objection was "vague", that it failed to present any evidence, and that it should not have waited until the last minute to raise its concerns.
March 9, 2023A higher foreign ownership limit of 49 percent is being considered for banks that participate in restructuring weak credit institutions.
February 13, 2023The initiatives seek to mitigate risks related to financial stability, insolvencies, scams, and virtual assets, while also promoting innovation and fintech.
February 1, 2023SEBI is investigating whether investments in Yes Bank perpetual bonds were made as part of a special deal to benefit Ambani Group companies.
January 20, 2023The approval is being hailed as a "milestone" after Chinese regulators forced Ant Group to cancel its IPO in November 2020 and ordered it to restructure.
January 5, 2023The rule will require takeover bidders to offer minority shareholders an opportunity to sell their shares in a corporate merger or acquisition.
December 30, 2022The measure is one of several outlined at a recent meeting to bolster the property sector and the capital market in the year ahead.
December 28, 2022Citigroup reached an agreement with ten remaining Revlon lenders for them to repay the bank USD 504 million for mistakenly sent wire transfers.
December 23, 2022The CSRC is allowing listed developers to conduct equity financing, mergers and acquisitions, corporate restructurings, private share placements, and overseas fundraising.
December 2, 2022