Head of Lebanon’s central bank denies public funds went to brother’s firm
BEIRUT, March 17 (Reuters) - Lebanon's central bank governor on Friday told European officials that public funds were not transferred...
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Polish watchdog advises banks against dividends until EU court verdict
GDANSK, March 17 (Reuters) - Poland's Financial Supervision Authority (KNF) recommended some banks should withhold dividend payouts for 2022, until...
Banks, energy stocks push FTSE 100 higher as crisis fears ease
Commodity-linked stocks rise tracking higher commodity pricesBanks rise as fears of a crisis easeFTSE 100 up 0.9%, FTSE 250 adds...
Volkswagen to invest in mines in bid to become global battery supplier
BERLIN, March 17 (Reuters) - Volkswagen (VOWG_p.DE) plans to invest in mines to bring down the cost of battery cells,...
Analysis: UK businesses mull moving cash after SVB chaos
LONDON, March 17 (Reuters) - British banks are seeing a pick-up in enquiries to switch cash between institutions after the...
Morning Bid: Support for troubled banks calms markets
A look at the day ahead in European and global markets from Anshuman DagaThe week-long rollercoaster ride for global markets...
Bank rescues ease crisis fears but investors worry it’s not enough
March 17 (Reuters) - A $30 billion lifeline for First Republic Bank (FRC.N) hosed down market fears about an imminent...
Dollar slips as banks rescue makes room for relief rally
SINGAPORE, March 17 (Reuters) - The dollar slipped on Friday as risk sentiment improved after authorities and banks moved to...
Major US banks inject $30 bln to rescue First Republic Bank
March 16 (Reuters) - Large U.S. banks injected $30 billion into First Republic Bank (FRC.N) on Thursday, swooping in to...
Global shares gain, Wall Street shoots higher on reports of First Republic rescue
NEW YORK/LONDON, March 16 (Reuters) - Major Wall Street indexes jumped on Thursday on reports that a large group of...
