December 23, 2023
December 23, 2023
Prada Is Expanding Its NYC Presence With Pair of Building Purchases
Property next to Fifth Avenue store purchased for $410 million
Increased corporate activism and a desire for ‘wartime’ finance chiefs with experience during downturns are driving companies to beef up hiring practices
CEO used JPMorgan’s massive balance sheet to beat out smaller banks to buy troubled lender
Years of losses and a failed turnaround plan left the retailer struggling to stock stores. The company expects all its retail locations to eventually close.
Deal with federal regulators will make lender one of the top 25 U.S. banks
So farewell to Credit Suisse. Founded in 1856, the bank has been a pillar of the Swiss financial sector ever since. Although buffeted by the financial crisis of 2008, Credit Suisse did manage to weather that storm without a government bailout, unlike its rival-turned-rescuer UBS.
