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2023: UBS Buys Credit Suisse: In a significant financial move on March 19, 2023, UBS, Switzerland's largest bank, agreed to buy its rival Credit Suisse for about $3.2 billion. This…
1817: Creation of the New York Stock Exchange (NYSE): On March 8, 1817, the New York Stock Exchange was officially founded, establishing a centralized location for the trading of securities.…
1971: NASDAQ's First Trading Day The National Association of Securities Dealers Automated Quotations (NASDAQ) held its first trading day on February 8, 1971. As the world's first electronic stock market,…
Bernard Madoff's Arrest (2008): Bernard Madoff was arrested on December 11, 2008, after his sons reported him for running a massive Ponzi scheme. Madoff defrauded thousands of investors of billions…