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The wake-up call for eu fintechs from worldline's $3.8 billion wipeout

The leading French-based payment processor Worldline, has sent ripples of concern through Europe's fintech sector by cutting its sales outlook. The an...

October 26, 2023, 8:12 am

Meta stock's bad run continues, with its market value wipeout deepening to $60 billion on execs' warning of an advertising slowdown

Meta Platforms shares dropped in Thursday's 3% premarket despite an earnings beat. The Big Tech giant beat analysts' forecasts, but execs warned of a ...

October 26, 2023, 6:37 am

Tesla on course for $40 billion value wipeout as shares plunge following elon musk's downbeat cybertruck outlook

Tesla's stock price slumped 5% in premarket trading Thursday after a so-so earnings report. The carmaker's posted weaker-than-expected third-quarter e...

October 19, 2023, 5:30 am

Ford: the uaw wildcard could drive a $6 billion wipeout

Ford's momentum has been overshadowed by the ongoing UAW strike, raising concerns about near-term productions and longer-term profitability. The strik...

September 22, 2023, 11:47 am

Dow slides 200 points as disney, pfizer, walgreens stocks sink to 52-week lows

Also weighing on stocks Wednesday was a roughly $240 billion wipeout in market capitalization for the A...

September 6, 2023, 4:02 pm

Apple, microsoft, tesla, and meta see a combined $625 billion wipeout in market value amid august's stock slump

Four Big Tech companies - Apple, Microsoft, Tesla, and Meta - lost a combined $625 billion in market value this month.  That may be largely due to se...

August 26, 2023, 6:08 am

Wti crude oil breaks $67 as the selling extends beyond the may 31 low

Heavy selling continues to hit the crude oil market to start the week. Technical selling is adding to the pressure now as WTI breaks the May 31 low of...

June 12, 2023, 2:53 pm

Cds panel: credit suisse at1 wipeout won't prompt payout

The Credit Derivatives Determinations Committee, a panel tasked with overseeing the credit default swaps market, has ruled that the write down of Cre...

May 17, 2023, 8:52 pm

Watch fxopen's march 20 -24 weekly market wrap video

In this video, FXOpen UK COO Gary Thomson sums up the week’s happenings and discusses the most significant news reports.Swiss tsunami rips through g...

April 21, 2023, 1:02 pm

Credit suisse bondholders sue swiss regulator over $17 bln bond wipeout -ft

Credit Suisse Group AG bondholders, representing $4.5 billion of the $17 billion of wiped-out Additional Tier 1 bonds of the company, have filed a law...

April 21, 2023, 12:46 am

Credit suisse's risky bond wipeout hurts asia's rich

Private bankers from UBS and other international banks actively pushed AT1 securities to their wealthy clients for years....

April 11, 2023, 5:30 am

Aegon: little impact from at1 bonds tied to credit suisse crisis

The wipeout of AT1 bondholders before shareholders shocked the markets. Sticking to facts, AT1 bonds al...

April 3, 2023, 12:44 pm

Watch fxopen's march 27 - 31 weekly market wrap video

In this video, FXOpen UK COO Gary Thomson sums up the week’s happenings and discusses the most significant news reports.Swiss tsunami rips through g...

March 31, 2023, 4:38 pm

Credit suisse bond wipeout has ‘profound' regulatory implications, says standard chartered chief

The decision to wipe out Credit Suisse's US$17bn Additional Tier 1 (AT1) bonds as part of its takeover by rival USB will have "profound" implications ...

March 24, 2023, 8:11 am

Stanchart ceo says credit suisse bond wipeout had profound impact

Standard Chartered Chief Executive Bill Winters said on Friday Credit Suisse's $17 billion Additional Tier 1 bonds ...

March 24, 2023, 12:00 am

Credit suisse bondholders consider legal action after $17b wipeout

Credit Suisse Additional Tier 1 (AT1) bondholders are considering taking legal action after their $17 billion worth of AT1 bond investments became wor...

March 21, 2023, 10:33 pm

Pimco and invesco seen taking hit from credit suisse bond wipeout

Pacific Investment Management and Invesco are among the largest holders of Credit Suisse's so-called additional tier 1 or AT1 bonds that have been wip...

March 21, 2023, 7:24 am

Law firm in talks with credit suisse bondholders about potential lawsuit after $17 billion wipeout

A white-shoe law firm is working with Credit Suisse bondholders to pursue “possible legal actions” after the value of convertible bonds issued by ...

March 20, 2023, 12:29 pm

Anger and legal threats over bond losses overshadow credit suisse merger

Anger is growing at the terms of the rescue of Credit Suisse with other regulators criticising the US$17bn wip...

March 20, 2023, 12:04 pm

The $17 billion wipeout of credit suisse bondholders has not gone down well in europe

Credit Suisse's additional tier one bonds are set to be wiped out following the struggling bank's takeover by UBS....

March 20, 2023, 9:26 am


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