The Wall Street Journal

They knew the money, the deals, the execs. They were the "fun people to hang out with." But there was another side to Silicon Valley Bank.

The two towns were peaceful neighbors. Until a fight broke out over a frozen dead guy.

"It was the fastest audit letter I ever got." He took a $100,000 deduction for his swimming pool-and won.

He built a $10,000 mansion for his dogs. The dogs refused to move in.

Breaking News

UBS is in talks to take over parts or all of Credit Suisse, part of an urgent effort by global autorities to restore trust in the banking system

UBS is nearing a deal to take over Credit Suisse, Regulators have offered to waive a requirement on shareholder votes to expedite the sale.

• waive: 포기하다 (=forgo)

Putin visited Mariupol in his first known trip to territory taken by Russia since its invasion of Ukraine last year

UBS has offered to buy Credit Suisse for around $1 billion in a deal engineered by Swiss regulators to restore trust in the banking system

<Reference: Wall Street Journal>