Everyone's talking about Credit Suisse's risky bonds. Here's what they are and why they matter
AT1 bonds date back to the aftermath of the 2008 financial crisis, when regulators tried to shift risk away from taxpayers.
CNBC Europe
Saudi National Bank loses over $1 billion on Credit Suisse investment
Credit Suisse's largest shareholder confirmed to CNBC that it had suffered a loss of around 80% on its investment.
China and Russia affirm economic cooperation for the next several years
Chinese President Xi Jinping and Russian President Vladimir Putin have agreed to cooperate on a range of economic and business areas.
Finland is the world's happiest country. Now it's giving away free trips to show travelers why
Finland has been named the happiest country in the world for six years in a row. Now it's planning a masterclass to teach people it's a skill — not a mindset.
Ford reveals new Explorer EV for the European market
Other than the Explorer name and some design attributes, the new electric vehicle shares little to nothing with the gas-powered SUV in the U.S.
To escape the rat race, this pair cycled 15,000 km along the route from Finland to Singapore
Valtteri Heinila and Alvari Poikola cycled for eight months through 21 countries. Heinila spoke to CNBC Travel about the joys and dangers of the trip.
Russia and China are being driven together as the chasm with the West deepens
The U.S. and Ukraine's allies in Europe fear that China throw its military might behind Russia as its invasion of Ukraine appears to be flagging.
French government narrowly survives no-confidence vote amid backlash over pension changes
The government of French President Emmanuel Macron narrowly survived a no-confidence vote Monday evening.
UBS offers to buy Credit Suisse for 'substantially' more than $1 billion, sources say
A sale to UBS comes after Credit Suisse shares logged their worst weekly decline since the onset of the coronavirus pandemic.
The French Bulldog is the No. 1 most popular dog breed in the U.S.
The American Kennel Club announced the most popular dog breeds in the U.S. and for the first time in 31 years, the Labrador Retriever isn't no. 1.
BlackRock denies report that it's preparing a takeover bid for Credit Suisse
"BlackRock is not participating in any plans to acquire all or any part of Credit Suisse, and has no interest in doing so," a company spokesperson told CNBC.
Macron enrages France by forcing through pension bill with no vote. But few think he'll be forced out
The French government faces a no confidence vote that it is expected to survive.
Credit Suisse sheds another 8% as traders digest emergency liquidity
Credit Suisse shares fell 8% Friday after soaring over the previous session.
UK backs Rolls-Royce project to build a nuclear reactor on the moon
Rolls-Royce is set to work with a range of organizations on the project.
President Erdogan says Turkey will start ratifying Finland's NATO application
Turkey's President Recep Tayyip Erdogan on Friday approved Finland's accession to NATO after months of talks.
U.S. judge in Texas will soon rule on the abortion pill mifepristone. Here's what could happen
The judge could order the FDA to withdraw mifepristone. He could also stop short of blocking sales and impose tougher restrictions on distribution instead.
China's Xi to go to Russia next week for his first visit since Putin ordered invasion of Ukraine
Chinese President Xi Jinping is set to visit Russia from March 20 to 22, China's Ministry of Foreign Affairs announced Friday.
French President Macron overrides parliament to pass retirement age bill
French President Emmanuel Macron invoked special constitutional powers to push the bill through.
Credit Suisse shares soar over 18% on Swiss National Bank loan announcement
Credit Suisse shares rose over 30% at the market open after the bank said that it will borrow up to $54 billion from the Swiss National Bank.
European Central Bank hikes rates despite market mayhem, pledges support if needed
Some market players questioned whether President Christine Lagarde would proceed with a hike, given recent shocks in the banking sector.
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