The Latest Breaking News from Axel Lehmann

Stock futures edge higher as recession worries clip treasury yields; Walmart planning 2,000 e-commerce job cuts as demand wanes; Credit Suisse chairman 'truly sorry' for bank collapse as shareholders vent ire; Virgin orbit files for bankruptcy after January launch failure and Former President Donald Trump faces historic arraignment in Manhattan…

Shareholders lash out during final AGM as boss apologises for crisis that led to takeover of lender by UBS

After Silicon Valley Bank’s collapse, could one of Europe’s biggest (and most embattled) banks spark an even bigger crisis?

Wall Street was back in selloff mode early Wednesday as banking shares faced a fresh hammering amid worries that more lenders could fail.

Harris Associates, shareholder of the bank for more than twenty years, sold its entire stake according to the Financial Times.

The chairman of the Board of Directors of the second largest Swiss bank is under investigation by the Swiss authorities.

The firm recently unveiled a vast restructuring plan including the elimination of 9,000 jobs by 2025.

Credit Suisse announced a radical series of measures Thursday aimed at turning around the beleaguered bank following huge third quarter losses, including revamping its investment banking unit, 9,000 job layoffs and raising fresh capital. Switzerland's second-biggest bank launched a strategic review aimed at putting an end to a series of…

Abu Dhabi and Saudi Arabia are weighing whether to put money into its investment bank and other businesses.