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...
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Britain’s finance minister flags back-to-work incentives in budget
LONDON, March 11 (Reuters) - Finance minister Jeremy Hunt will set out measures to boost Britain's workforce next week, by...
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...
South African stocks fall as bank jitters hit global markets
JOHANNESBURG, March 10 (Reuters) - Shares on the Johannesburg Stock Exchange fell on Friday as a sell-off in banking stocks...
Europe’s lenders sucked into global banks rout
Europe's banks suffer worst day in nine monthsSelloff began in U.S. after tech lender SVB's capital raiseLONDON/FRANKFURT, March 10 (Reuters)...
Morning Bid: Jumpy around jobs
A look at the day ahead in European and global markets from Vidya RanganathanFed Chairman Jerome Powell has made sure...
US bank jitters spook Asia stocks; yen slides after BOJ
SINGAPORE, March 10 (Reuters) - Falling bank stocks drove Asian markets lower on Friday, while bonds rallied and expectations for...
