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  WeWork: Once a 'Wall Street darling', files bankruptcy in US. Will it impact Indian workforce?

  Business | November 07, 2023 16:43 IST

  In a statement, WeWork said it entered into a restructuring support agreement with stakeholders to “drastically reduce” the company’s debt while further evaluating WeWork’s commercial office lease portfolio.

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  Another US bank fails, set to be acquired by THIS group

  Business | May 01, 2023 16:25 IST

  The 72-branch bank has made much of its money-making low-cost loans to the wealthy, which reportedly included Meta Platforms CEO Mark Zuckerberg.

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  Indian economy to grow at around 6.5 pc in FY24 despite US, Europe bank crisis: NITI Aayog

  Business | April 30, 2023 11:56 IST

  Recently, the World Bank and the Asian Development Bank projected moderation in Indian economic growth between 6.3 per cent and 6.4 per cent due to a slowdown in consumption and challenging external conditions.

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  Good News for SBV customers! First Citizens to acquire troubled Silicon Valley Bank

  Business | March 27, 2023 17:11 IST

  Customers of SVB will automatically become customers of First Citizens, which is headquartered in Raleigh.

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  Credit Suisse crisis: Switzerland's biggest bank UBS offers $1 Billion to acquire rival: Report

  Business | March 19, 2023 22:54 IST

  This came nearly three days after the shares of Credit Suisse sank over 30% after its biggest shareholder — the Saudi National Bank — announced it would not provide more money to the Swiss lender.

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  US Federal Reserve says largest US banks would survive recession

  World | June 22, 2018 15:00 IST

  According to the Federal Reserve, country's 35 biggest financial institutions would be able to lend to households and businesses.

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  Citigroup profits plunge 86% on legal costs, weak trading

  January 16, 2015 11:28 IST

  New York: Citigroup on Thursday became the latest big US bank to report disappointing results, with earnings plunging 86 per cent on a large legal charge and disappointing operating performance in some segments.Earnings for the

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  Gold Down By Rs 265, Silver Down By Rs 2425

  November 18, 2011 16:27 IST

  New Delhi, Nov 18: Both the precious metals, gold and silver, extended losses for the second straight session today, on heavy selling by stockists amid steep fall in their prices in global markets.While gold tumbled