Credit Suisse Sinks on Plan to Raise $4 Billion and Slash Headcount by 9,000
Credit Suisse Group AG opted to tap investors for a painful multibillion-dollar capital raise to shore up confidence and fund a years-long reshaping.
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Musk Informs Co-Investors He Plans to Close Twitter Deal by Friday
Musk has notified co-investors who committed to help fund his $44 billion acquisition of Twitter Inc. he plans to close his buyout.
Palace Intrigue at UBS Pits CEO Against a Rising Star
Among UBS employees, one topic of late has been the direction of the bank.
Elon Musk Prepares Huge Gift for Tesla Investors
Tesla plans a share buyback program between $5 billion et $10 billion for 2023.
Blackstone's Earnings Fall 16% on Sharp Drop in Asset Sales
Blackstone's distributable earnings fell 16% year-on-year, owing to a sharp drop in asset sales amid a downturn in the market.
Credit Suisse Scrambles to Finalise Revamp as Deadline Looms
Credit Suisse is racing to firm up sales of part of its business that could limit the cash it needs from investors.
Microsoft Lays Off More Employees, But is Mum on Details
Microsoft Corp. is again laying off employees, offering another sign that the cooling economy is hitting the tech industry.
