BankingUK races to minimise damage from Silicon Valley Bank collapseMarch 12, 202359Government working to protect customers from bank's collapseHunt says plan could help customers with cash flow issuesCompanies warn of 'existential...
BankingUS marshalling ‘material action’ to stem SVB fallout -sourcesMarch 12, 2023705NEW YORK, March 12 (Reuters) - U.S. authorities were preparing "material action" on Sunday to shore up deposits in Silicon...
BankingUS weighs new fund to backstop deposits if more banks fail, Bloomberg News saysMarch 12, 202383March 11 (Reuters) - The U.S. Federal Reserve and the Federal Deposit Insurance Corp are weighing the creation of a...
FinanceSilicon Valley Bank is largest failure since 2008 crisis, billions strandedMarch 11, 202373California regulator closes SVB, appoints FDIC as receiverSVB focused on lending to start-ups; branches to reopen MondayFDIC to sell bank...
CurrenciesDollar weakens after U.S. jobs data suggests slower rate hike pathMarch 10, 202358NEW YORK, March 10 (Reuters) - The dollar weakened on Friday after U.S. labor data for February showed slower wage...
FundsGreenwashing crackdown in Europe leaves investors in the darkMarch 10, 202371Risk of being misled remains after Jan. 1 rule changeLittle clarity over definition of 'sustainable investment'Analysis shows greenest funds exposed...
BankingU.S. clean energy ‘carrots’ could put Europe behind in decarbonization race, execs sayMarch 9, 202387HOUSTON, March 8 (Reuters) - Billions of dollars in clean energy incentives are poised to speed investment on American soil...
FundsInvestors pulled $1.2 bln from UK equity funds in February – CalastoneMarch 7, 202393LONDON, March 7 (Reuters) - Investors pulled 962 million pounds ($1.16 billion) from UK-focused equity funds in February, the third-largest...
CryptocurrencyU.S. bankruptcy judge approves Binance.US $1.3 bln deal for VoyagerMarch 7, 202386March 7 (Reuters) - Bankrupt crypto lender Voyager Digital received court approval on Tuesday to sell its assets and transfer...
FundsAustralia’s sovereign wealth fund screening for Chinese firms at risk of US bansMarch 7, 2023104SYDNEY, March 7 (Reuters) - Australia's sovereign wealth fund, the Future Fund, is screening its portfolio for Chinese companies at...