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Visa Inc. said that Alfred Kelly will step aside as CEO, effective February, and become executive chairman of its board. Ryan McInerney, the company’s longtime President will take over as the ne... Read more
Credit Suisse, maltreated by years of scandals, plans to raise 4 billion Swiss francs ($4 billion) by selling stock while cutting thousands of jobs and spinning off its investment bank to recover from... Read more
New York-based growth equity investor General Atlantic is in talks to invest roughly $50 million in Acko, doubling its bet on the Indian insurtech unicorn. General Atlantic is positioning to lead a n... Read more
Investors are offloading securities sold by Freddie Mac and Fannie Mae that shift the risk of mortgage defaults away from taxpayers, in a sign of growing concern about defaults if risking interest rat... Read more
The Swiss National Bank sold 5 million Swiss francs ($5.1 million) worth of foreign currency in market interventions in the second quarter of 2022, ending an era of heavy foreign currency purchases to... Read more
Shopping for an auto loan can be an overwhelming experience, especially if you don't know what factors you should be looking for. You may have a car in mind and want to find out how much it'll cost y... Read more
Japan intervenes in the foreign exchange market to buy the yen for the first time since 1998, in an attempt to shore up the battered currency after the Bank of Japan (BOJ) stuck with ultra-low interes... Read more
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