Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Alfred I"


4 mentions found


New York CNN —Bob Edwards, the longtime National Public Radio host and a goliath of the broadcasting world, died on Saturday, his wife, NPR reporter Windsor Johnston, confirmed in a Facebook post. “Bob Edwards understood the intimate and distinctly personal connection with audiences that distinguishes audio journalism from other mediums, and for decades he was a trusted voice in the lives of millions of public radio listeners,” NPR CEO John Lansing said in a statement Monday. “Staff at NPR and all across the Network, along with those millions of listeners, will remember Bob Edwards with gratitude.”Edwards began his 30-year tenure at NPR in 1974, when the network was still in its infancy. He co-hosted “All Things Considered,” NPR’s evening show, before spearheading “Morning Edition” as its inaugural host in 1979, a position he held until 2004. “Morning Edition will continue to be my first source for news,” he wrote in a letter to listeners about his exit.
Persons: Bob Edwards, Windsor Johnston, “ Bob Edwards, John Lansing, ” Edwards, Ellen McDonnell, Edwards, Bob, , , we’ve, It’s, Edward R, Murrow, Gabriel, Alfred I, du Pont, Red Barber, “ Edward R Organizations: New, New York CNN, longtime National Public Radio, NPR, “ Staff, Los Angeles Times, University of Louisville, US Army, American Forces Korea Network, Corporation for Public Broadcasting, National Catholic Association of Broadcasters, Columbia University Award, Radio Hall of Fame, Journalism Locations: New York, Kentucky, New Albany , Indiana
BERN, April 5 (Reuters) - Switzerland's financial regulator deflected blame for the collapse of the country's second-biggest bank, Credit Suisse, saying it had been quick to respond, calling instead for more powers to take lenders to task. Axel Lehman had told shareholders he was 'truly sorry" for taking Swiss bank to the brink of bankruptcy. "Our instruments hit their limits ... as seen in the case of Credit Suisse," said Amstad, making a rare public appeal for more power. But, as we have seen, Credit Suisse paid billions in fines and that didn't change its catastrophic business strategy," said Dominik Gross of the Swiss Alliance of Development Organisations. While the takeover of Credit Suisse has been agreed, many hurdles, such as winning regulatory approval from countries around the world, lie ahead.
ZURICH, April 4 (Reuters) - Credit Suisse (CSGN.S) will face shareholder anger on Tuesday at what will be its final annual general meeting after the bank was rescued last month by Swiss rival UBS (UBSG.S). Tuesday's shareholder meeting marks an ignominious end for the 167-year-old flagship bank founded by Alfred Escher, a Swiss magnate affectionately dubbed King Alfred I, who helped build the country's railways and then Credit Suisse. After a run on deposits, the Swiss government turned to UBS, which agreed to buy Credit Suisse for 3 billion Swiss francs ($3.3 billion), a fraction of its earlier market value. In the lead up to Tuesday, Credit Suisse said it had withdrawn certain proposals from the meeting's agenda. Meanwhile, the office of the attorney general on Sunday said Switzerland's Federal Prosecutor has opened an investigation into the Credit Suisse takeover.
[1/2] The logo of the Swiss bank Credit Suisse is seen in Zurich, Switzerland March 20, 2023. While the nation's central bank and financial regulator publicly declared that Credit Suisse was sound, behind closed doors the race was on to rescue the nation's second-biggest bank. The Swiss National Bank declined to comment while the finance ministry did not respond to a request for comment. Battered by years of scandals and losses, Credit Suisse for months had been battling a crisis of confidence of its own making. By Wednesday, two days later, Credit Suisse was swept up in a full-blown crisis.
Total: 4