The Latest Breaking News on Capital Markets

Shares in Deutsche Bank, Germany’s largest lender, have fallen sharply and dragged down major European banks as fears about weaknesses in the global financial system send fresh shudders through the markets

Banking stocks have fallen sharply with heavyweights Deutsche Bank and UBS hit hard by fears of the worst crisis since 2008 financial crisis

BERN: UBS Group AG is emerging as a rare winner in Credit Suisse Group AG’s crisis after a historic, government-brokered deal that contains a raft of financial shock absorbers.

Although anxieties have heightened amid the recent banking collapses, with easing inflation and retail sales numbers, a market recovery could materialize soon. Against this backdrop, quality stocks Cisco Systems (CSCO), Albertsons Companies (ACI), and Universal Logistics Holdings (ULH) might be solid buys now for the next bull market. Read on….

PARIS: Credit Suisse Group AG shares surged as much as 40% after Switzerland’s central bank stepped in to support the lender, triggering a rally in bank stocks across Europe on easing investor concern that the firm’s troubles would trigger a global banking crisis.

Futures for European and U.S. equity futures advanced, Asian stocks pared losses and Treasuries fell Thursday as news that Credit Suisse Group AG would borrow money from Switzerland’s central bank provided a measure of calm for investors.

Fed officials were watching this data release closely.

The housing market is on the fritz – again.

The speculative rally earlier this year, spurred by hopes of a Fed pivot seems to have hit a wall. Analysts have warned about an impending downturn. Amid this, investors could consider loading up fundamentally strong stocks Honda Motor (HMC), Nokia (NOK), and Genie Energy (GNE) for potential gains. Read more….