Sunday , 18 January 2026

Recent Posts

Wells Fargo executives may face criminal charges

  Bloomberg Wells Fargo & Co. is facing a Justice Department probe that seeks to learn if executives hid details of a bogus account scandal from the board or regulators, according to Reuters. The investigation may lead to criminal charges for individual executives, the news service reported, citing people familiar with the matter who it didn’t identify. The Justice Department …

Read More »

Credit Suisse CFO sees bank’s growth slowing capital build

  Bloomberg Credit Suisse Group AG’s need to backstop growth and its shrinking pile of unwanted assets complicate its ability to maintain the pace of capital improvement, Chief Financial Officer David Mathers said. The bank entered 2017 with a common equity Tier 1 ratio of 11.6 percent, up from 11.4 percent at the start of 2016 — this after a …

Read More »

‘Ghost Tower’ — A symbol of financial crisis

  BANGKOK / AP The 49-story Bangkok high-rise was supposed to feature luxury condos for hundreds of newly affluent Thai families, but it was abandoned unfinished when the Asian financial crisis struck in 1997. Now called the “Ghost Tower,” it’s a monument to mistakes made and an object of curiosity to a steady stream of visitors. “Sathorn Unique,” named after …

Read More »