Saudi Arabia Financial News

27.03 / 09:33

CEO UBS National Saudi National Bank chair resigns just days after Credit Suisse comments sparked sell-off

Saudi National Bank Chairman Ammar al-Khudairy resigned his post on Monday, days after his comments exacerbated the share collapse of troubled bank Credit Suisse.

27.03 / 06:49

National Chair of Saudi National Bank who sparked Credit Suisse turmoil resigns

Ammar Al Khudairy, the chair of Saudi National Bank, has reportedly resigned and will be replaced by the bank’s chief executive officer, Saeed Mohammed Al Ghamdi, Bloomberg reported on 27 March.

24.03 / 09:29

UPS Provident CEO Action UBS SVB Swiss The Swiss claim the U.S. banking crisis ultimately toppled Credit Suisse. But are they right?

Following Credit Suisse's «emergency rescue» by rival UBS, Swiss authorities placed a heavy emphasis on the role of U.S. regional banking collapses in pushing the stricken Swiss lender to the brink.

20.03 / 15:11

UPS Provident Digital Coindesk SVB Bitcoin Bitcoin market gains $26 billion after hitting 9-month high as banking crisis sparks rally

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20.03 / 12:31

UPS UBS National Saudi National Bank loses over $1 billion on Credit Suisse investment

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19.03 / 23:49

business Europe Banks UBS Credit Suisse acquires UBS Group doubles offer and acquires Credit Suisse for $2B

UBS Group doubled its initial offer and agreed to buy its competitor Credit Suisse for nearly $2 billion on March 19, in a historical deal for the two biggest banks in Switzerland, the Financial Times reported.

17.03 / 22:07

UPS Provident BTC Reuters CoinMarketCap Bitcoin Bitcoin Price Prediction as BTC Pumps Up 7% – Is a New Bull Market Starting?

The price of Bitcoin has surged by 7%, prompting speculation that a new bull market may be starting. This recent increase has caught the attention of investors, who are closely watching the cryptocurrency market for any signs of a sustained upward trend.

16.03 / 20:09

UPS Provident JPMorgan Adobe Software ByteDance TikTok Stocks making the biggest moves midday: First Republic, Signet Jewelers, Snap and more

Check out the companies making headlines in midday trading.

16.03 / 11:25

UPS Provident Lowe's Swiss National Credit Suisse shares soar 30% on Swiss National Bank loan announcement

Credit Suisse shares soared more than 30% on Thursday morning, after the bank announced that it will borrow up to 50 billion Swiss francs ($54 billion) from the Swiss National Bank.

16.03 / 11:05

UPS Provident Fallout National Saudi National Bank says panic over Credit Suisse is 'unwarranted'

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16.03 / 05:23

UPS Provident Lowe's CEO Action Swiss National Credit Suisse to borrow up to nearly $54 billion from Swiss National Bank

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16.03 / 01:45

Metro STX Taro FGHT Fight Out AGIX Best Crypto to Buy Today 15 March – LHINU, AGIX, FGHT, STX, METRO, TARO

Global banking turmoil continues to mount as Credit Suisse, one of the world's largest financial institutions, faces possible collapse. The bank's shares have plunged more than 24% in a day--and Saudi National Bank, the largest shareholder in Credit Suisse, has declared that it won't provide additional capital to aid the bank.

16.03 / 00:49

business Blockchain Credit Suisse Swiss National Support Swiss National Bank says it will support credit Suisse if necessary

The Swiss National Bank (SNB) and the Swiss Financial Market Supervisory Authority released a joint statement on March 15 on the stability of the Swiss banking system and Credit Suisse. The problems of “certain banks in the USA” do not pose a risk for the Swiss financial system, they wrote.

16.03 / 00:15

UPS Provident FIVE Digital Adobe Software Stocks making the biggest moves after hours: Credit Suisse, Adobe, UiPath and more

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15.03 / 23:53

Provident Swiss Swiss central bank to provide Credit Suisse liquidity backstop as shares battered

The Swiss National Bank has pledged to provide Credit Suisse with liquidity "if necessary" after the bank's share price tanked on concerns over its financial health.

15.03 / 21:11

Dogecoin markets Blockchain XRP Cardano Polygon Price analysis 3/15: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, SHIB

The United States equities markets tumbled on March 15 after Saudi National Bank, Swiss Bank Credit Suisse’s largest investor, said it will not be able to provide any more funding to Credit Suisse due to regulatory limitations.

15.03 / 20:13

UPS Provident CME Oil tumbles 7%, heads for worst day in six months as banking crisis routs markets

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15.03 / 19:57

UPS Provident JPMorgan Fallout Halliburton PacWest Stocks making the biggest moves midday: Credit Suisse, First Republic Bank, Halliburton and more

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15.03 / 15:39

Provident Ripple Lennar Zions KeyCorp PacWest Comerica Stocks making the biggest moves premarket: Credit Suisse, Lennar, PacWest & more

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15.03 / 13:39

Provident Lowe's Reuters Credit Suisse shares slide 20% after Saudi backer rules out further assistance

Shares of embattled bank Credit Suisse hit another all-time low for a second consecutive day, dropping by as much as 18.3% around 10 a.m. London time on Wednesday.

27.02 / 19:53

Presale Move-To-Earn Fight Out Future Future of Reality Star Fight Contests Like Fury vs Paul is User-Created Match Ups in This New Metaverse

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