Wall Street bonuses fell 26% to an average $176,700 in 2022 from a record in 2021, according to a report from New York State Comptroller Thomas DiNapoli published on Thursday.
Switzerland's authorities revealed the interest rates Credit Suisse and UBS will pay for the 250 billion Swiss franc ($273.31 billion) emergency lifeline the Swiss banks have been offered.
Short sellers made $14.3 billion in paper profit from their bearish bets on global banking stocks in March, according to analytics firm S3 Partners, as the collapse of U.S. lender Silicon Valley Bank reverberated across the sector.
Canada's benchmark stock index was set to open higher for its fifth consecutive session on Thursday, as prices of bullion and crude oil futures ticked higher.
Roku Inc will lay off 6% of its workforce, or 200 employees, in its second round of job cuts, the U.S. streaming device maker said, sending its shares up nearly 3% before the bell on Thursday.
The derivatives industry body, the International Association of Swaps and Derivatives Association (ISDA), has backed Credit Default Swaps amid concerns about the role they have played in the recent bout of global banking turmoil.
The founders of artificial intelligence company NtechLab said they resigned over disagreements with the company's management and investors about projects in Russia.
The criteria for new U.S. semiconductor subsidies is worrying companies such as Samsung Electronics Co Ltd and SK Hynix Inc , South Korean President Yoon Suk Yeol said on Thursday, a concern shared by the world's leading contract chipmaker in Taiwan.
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