BankingMajor US banks inject $30 bln to rescue First Republic BankMarch 16, 2023185March 16 (Reuters) - Large U.S. banks injected $30 billion into First Republic Bank (FRC.N) on Thursday, swooping in to...
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...
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...
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...
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...
Stock MarketBiden pledges ‘whatever needed’ as banks feel force of SVB falloutMarch 13, 202376March 13 (Reuters) - U.S. President Joe Biden vowed to do whatever was needed to address a threatened banking crisis...
FundsBank stocks plunge resumes as SVB market turmoil continuesMarch 13, 202355LONDON/SINGAPORE, March 13 (Reuters) - Bank shares in Europe and Asia plunged on Monday as the United States' move to...
CurrenciesGalderma posts 2022 revenue growth ahead of planned IPOMarch 13, 2023712022 revenue growth up 13.9% to $3.8bn net salesCore earnings (EBITDA) up 14.5% to $791mExpects 6%-9% net sales growth 2023FRANKFURT,...