The two Zurich-based banks, longtime rivals, are uniting in a $3.25 billion deal hastily arranged in March by Swiss government officials and regulators after Credit Suisse's stock plunged and jittery depositors quickly pulled out their money.
The merger was “the best option” and one that “minimised risk of contagion and maximised trust," said Urban Angehrn, chief executive of the Swiss Financial Market Supervisory Authority.
New York Community Bank has agreed to buy a significant chunk of the failed Signature Bank in a $2.7 billion deal, the Federal Deposit Insurance Corp. said.
Based in London, with additional offices in four other countries, Pritzker Prize 2023 award winner David Alan Chipperfield has worked across Asia and Europe and also in U.S. cities like Davenport, Iowa, and Anchorage, Alaska.
The note comes despite weeks of condemnation and lobbying by the international community for a reversal on measures restricting women's freedoms, including two back-to-back visits this month by several senior UN officials.
Such incidents are not uncommon in Pakistan, where implementation of safety standards is lacking and many people live in poorly constructed structures for lack of financial resources
President Volodymyr Zelenskyy has said more than 10 such “torture chambers” have been discovered in the region since the hasty withdrawal of Russian troops last week. The claims of what occurred in the room could not be independently confirmed.
A year after the Taliban took power in Afghanistan, hard-liners appear to hold sway in the Taliban-led government. Teenage girls are still barred from school and women are required to cover themselves from head to toe in public, with only their eyes showing.
Defense Minister Yasukazu Hamada's order came after a female former soldier, Rina Gonoi, came forward in late August to request a reinvestigation of an alleged assault of her by former male colleagues last year.
The finding comes after the Biden administration recently confirmed that the Russian military in August took delivery of Iranian-manufactured drones for use on the battlefield in Ukraine.
Floods have affected more than 3.3 million in this Islamic nation of 220 million and the devastation has caused $10 billion in damage, according to government estimates.
The union accused Lufthansa on Thursday of failing to improve on their previous offer, leaving pilots no choice but to go on strike to press their demands.
The assessment released late Wednesday by the U.N. human rights office in Geneva concluded that China has committed serious human rights violations under its anti-terrorism and anti-extremism policies.
