Biden pledges ‘whatever needed’ as banks feel force of SVB fallout
March 13 (Reuters) - U.S. President Joe Biden vowed to do whatever was needed to address a threatened banking crisis...
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Bank stocks plunge resumes as SVB market turmoil continues
LONDON/SINGAPORE, March 13 (Reuters) - Bank shares in Europe and Asia plunged on Monday as the United States' move to...
World markets set for aftershocks as SVB collapse ripples out
LONDON, March 12 (Reuters) - Markets were set for a bumpy ride this week as the fallout from collapsed startup-focused...
UK races to minimise damage from Silicon Valley Bank collapse
Government working to protect customers from bank's collapseHunt says plan could help customers with cash flow issuesCompanies warn of 'existential...
US marshalling ‘material action’ to stem SVB fallout -sources
NEW YORK, March 12 (Reuters) - U.S. authorities were preparing "material action" on Sunday to shore up deposits in Silicon...
US weighs new fund to backstop deposits if more banks fail, Bloomberg News says
March 11 (Reuters) - The U.S. Federal Reserve and the Federal Deposit Insurance Corp are weighing the creation of a...
UK finance minister, Bank of England working to minimise SVB fallout
LONDON, March 11 (Reuters) - Britain's finance ministry and the Bank of England are working together to minimise the disruption...
Silicon Valley Bank is largest failure since 2008 crisis, billions stranded
California regulator closes SVB, appoints FDIC as receiverSVB focused on lending to start-ups; branches to reopen MondayFDIC to sell bank...
Analysis: Declining U.S. bank reserves add wrinkle to contentious debt ceiling issue
NEW YORK, March 10 (Reuters) - A rapid fall in bank reserves held at the Federal Reserve, coinciding with an...
Dollar weakens after U.S. jobs data suggests slower rate hike path
NEW YORK, March 10 (Reuters) - The dollar weakened on Friday after U.S. labor data for February showed slower wage...
