BankingGlobal shares gain, Wall Street shoots higher on reports of First Republic rescueMarch 16, 202354NEW YORK/LONDON, March 16 (Reuters) - Major Wall Street indexes jumped on Thursday on reports that a large group of...
CurrenciesU.S. weekly jobless claims fall; housing finding bottomMarch 16, 202338Weekly jobless claims drop 20,000 to 192,000Continuing claims decrease 29,000 to 1.684 millionSingle-family housing starts increase 1.1% in FebruaryImport prices...
CurrenciesFear, uncertainty over bank turmoil sparks flight to safe haven currenciesMarch 16, 202360SINGAPORE, March 16 (Reuters) - The safe haven U.S. dollar and Japanese yen found support on Thursday from renewed fears...
BankingTop US Senate Democrat Schumer wants legislative response to banking illsMarch 15, 202354WASHINGTON, March 15 (Reuters) - The U.S. Congress needs to act on bipartisan legislation strengthening banking industry controls, Senate Majority...
BankingAmid bank strains, Democrats and Republicans spar over U.S. budgetMarch 15, 202363WASHINGTON, March 15 (Reuters) - The U.S. Senate Budget Committee debated Democratic President Joe Biden's $6.8 trillion budget proposal on...
BankingBritain to bolster the City after Silicon Valley Bank collapseMarch 15, 202352Finance minister says UK banks are safe and soundMore measures to make London attractive for company listingsPlans to unlock money...
CurrenciesCredit Suisse woes knock European currencies, UK budget in focusMarch 15, 202372LONDON, March 15 (Reuters) - European currencies fell sharply on Wednesday after Credit Suisse's tumble to a new low renewed...
Stock MarketCredit Suisse leads Europe bank stock rout after short-lived SVB respiteMarch 15, 202349March 15 (Reuters) - Europe's bank stocks came under pressure again on Wednesday, with Credit Suisse (CSGN.S) tumbling to a...
BankingU.S. banking behemoths attract flood of deposits after SVB collapse -sourcesMarch 14, 202370NEW YORK, March 14 (Reuters) - U.S. consumers have flooded banking giants, including JPMorgan Chase & Co (JPM.N), Bank of...
BankingBruised U.S. bank stocks shake off initial SVB contagion fearsMarch 14, 202367March 14 (Reuters) - U.S. bank stocks jumped on Tuesday, recovering some ground after the failure of Silicon Valley Bank...