BankingMorning Bid: Support for troubled banks calms marketsMarch 17, 202359A look at the day ahead in European and global markets from Anshuman DagaThe week-long rollercoaster ride for global markets...
FinanceBank rescues ease crisis fears but investors worry it’s not enoughMarch 17, 202364March 17 (Reuters) - A $30 billion lifeline for First Republic Bank (FRC.N) hosed down market fears about an imminent...
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...
CurrenciesU.S. weekly jobless claims fall; housing finding bottomMarch 16, 202338Weekly jobless claims drop 20,000 to 192,000Continuing claims decrease 29,000 to 1.684 millionSingle-family housing starts increase 1.1% in FebruaryImport prices...
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...
BankingBritain to bolster the City after Silicon Valley Bank collapseMarch 15, 202352Finance minister says UK banks are safe and soundMore measures to make London attractive for company listingsPlans to unlock money...
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...