Credit Suisse May Face $8 Billion Capital Shortfall in 2024
Credit Suisse Group AG faces a capital shortfall of as much as 8 billion Swiss francs ($8 billion) in 2024, per analysts at Goldman Sachs Group Inc.
Credit Suisse Group AG faces a capital shortfall of as much as 8 billion Swiss francs ($8 billion) in 2024, per analysts at Goldman Sachs Group Inc.
John Foley, former CE of Peloton, was reported issued repeated margin calls on loans he borrowed against his Peloton holdings, WSJ reported.
Musk's banks, faced with huge losses to finance $44B buyout of Twitter Inc, may not be able to back out of deal but might have way to minimize hit.
The Swiss bank is under pressure after numerous scandals have cost it several billion dollars.
Twitter Inc. shares extend losses for a third session, widening the gap between Musk’s $54.20/share offer. Deal talks said stuck over debt financing.
Musk’s proposal to revive his $44 billion offer for Twitter Inc. followed earlier discussions about cutting the price that failed to yield agreement.
Musk proposed to go ahead with his takeover of the social media platform. Activist investor Carl Icahn amassed a Twitter stake worth more than $500M.