Europe’s bank shares plunge, bonds rally despite SVB rescue effort
Europe's bank shares slump 6% in biggest fall in over a yearU.S. authorities act to stabilise banksMarkets speculate on less...
archiveECON
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...
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...
France faces another day of nationwide protests against Macron’s pension plans
PARIS, March 11 (Reuters) - France faced a seventh day of demonstrations on Saturday against President Emmanuel Macron's unpopular pension...
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...
Strong US job growth persists; wage inflation shows signs of slowdown
Nonfarm payrolls increase by 311,000 in FebruaryUnemployment rate rises to 3.6% from 3.4%Average hourly earnings gain 0.2%; up 4.6% year-on-yearWASHINGTON,...
