First Citizens Bank is buying SVB – Here are the other failed banks it’s bought
First Citizen Bank has acquired failed banks all over the country since the 2008 recession
Investing
Sam Bankman-Fried accused of paying US$40 million bribe to Chinese official
It’s yet another jarring allegation for the former crypto mogul.
Watch: Miranda Kerr tests husband’s new AI tech live on stage
Supermodel Miranda Kerr whipped out her phone at the Forbes Australia Women’s Summit to test out Snap’s new generative AI model called My AI.
Banning TikTok would boost Alphabet, Meta and Snap—Here’s how much their stocks could jump
The three American companies tacked on $47 billion in market capitalization Thursday as Congress upped the pressure on security concerns posed by TikTok.
In photos: All the highlights from the Forbes Australia Women’s Summit
More than 1,600 attendees flocked to Sydney’s ICC for the inaugural Forbes Australia Women’s Summit presented by NAB Private Wealth. Take a look at some of the highlights from the incredible day.
Where I am putting the money: Nick Griffin, Munro Partners
What are the signals from the latest earnings season and the opportunities for growth equities?
Credit Suisse shares plunge 60% and European bank stocks slide after UBS rescue
Oil prices and global shares fell after UBS unveiled plans to buy its struggling Swiss rival Credit Suisse for $3.2 billion over the weekend.
‘10,000 jobs to go’ as UBS looks to acquire Credit Suisse: reports
Swiss investment bank UBS is set to acquire rival bank Credit Suisse in a $3.25 billion deal in an “emergency rescue”.
UBS to buy Credit Suisse in US$3.2 billion rescue deal to end crisis
The government-brokered deal aims to prevent turmoil at Credit Suisse—worsened by two massive U.S. bank failures last week—from spiralling into a larger banking crisis.
4.45am starts: CEO Michael Saadie on family, business and leading NAB Private Wealth
Michael Saadie learned from an early age the value of hard work and the mantra to “never touch anything twice”.