Credit Suisse: what next for the crisis-hit bank?

The Credit Suisse story is about how finance went wrong at one of Switzerland's most important institutions and one of the most important banks in Europe. It's a tale of high-profile scandals, from corporate espionage to cocaine smugglers and oligarchs. But what does the future hold for the venerable institution? Credit Suisse's new chairman, Financial Times reporters and banking industry experts explain it all.

Google Offers to Change Ad Business to Fend Off Antitrust Suit

Google has offered to make changes to its digital ad business in an effort to head off a possible antitrust lawsuit, according to people familiar with the matter. But will global regulators and critics think the concessions are enough? WSJ tech reporter Sam Schechner joins host Zoe Thomas to discuss what Google is offering and what the changes could mean for the digital ad market.

Banking’s Best Annual Reports

A bland annual report is a massive missed opportunity for a bank or credit union marketing team. From highlighting customer stories to showing off new products and displaying community work, creative annual reports are a great marketing showcase.

HERE are 24 of Banking’s Best Annual Reports.

The Death of the SPAC Boom

SPACS, or special purpose acquisition companies, were all the rage at the start of the pandemic. These shell companies raise cash by listing on the stock market, and then seek a merger with a private company. This created a novel way for companies to list on the stock market without having to go through the traditional initial public offering process.

Now, Spacs are floundering. The FT’s Ortenca Aliaj talks with guest host Jess Smith about how the Spac investment boom collided with rising interest rates and regulatory threats, and ultimately went bust.

Check out how SPACS went bust HERE. 

The ongoing battle to beat the crypto thieves

The price of crypto currencies has plunged recently, but whatever the value of their investment, for digital asset holders, protecting their crypto from thieves is an ongoing problem. In March this year, hackers carried out one of the biggest cryptocurrency heists of all time and with cyber criminals increasingly wielding high-tech tools and techniques, in 2021 cryptocurrency theft grew by around 500 per cent over the previous year.

What Happens If a Crypto Platform Such as Coinbase or Celsius Goes Bankrupt

When cryptocurrency lending platform Celsius froze user accounts amid a plunge in valuations, it sent ripples across the industry and raised questions about what happens to user assets if a crypto platform files for bankruptcy. WSJ’s Vicky Ge Huang explains.

Banking on the cloud

The bank getting ahead of the game with hiring in order to move to the cloud.