Banking10 days that shook the financial world – POLITICOMarch 22, 202359Press play to listen to this article Voiced by artificial intelligence. Izabella Kaminska is senior finance editor at POLITICO Europe....
FinanceItaly’s Meloni needs the cash – POLITICOMarch 22, 202369Press play to listen to this article Voiced by artificial intelligence. Mujtaba Rahman is the head of Eurasia Group’s Europe...
MortgagesFed likely to raise rates by a quarter point but it must also reassure markets on banking systemMarch 21, 202359The Federal Reserve is expected to increase interest rates by a quarter point Wednesday, even with concerns about stress in...
FundsVanguard to exit China funds joint venture with Ant, close Shanghai office, sources sayMarch 21, 202376Pavlo Gonchar | Lightrocket | Getty ImagesU.S. fund giant Vanguard Group is shutting its main Shanghai office and exiting from a joint...
CurrenciesCrunch time for Credit Suisse talks as UBS seeks Swiss assurancesMarch 19, 202361Talks over rescuing Credit Suisse rolled into Sunday as UBS sought $6 billion from the Swiss government to cover costs.UBS is under...
Stock MarketFirst Republic, FedEx, Sarepta, XPeng, RingCentral, and More Stock Market MoversMarch 17, 202384Stocks closed lower Friday, as investors grappled with continued banking troubles ahead of next week’s Federal Reserve meeting. First Republic...
FinanceDon’t celebrate a European financial rescue just yet – POLITICOMarch 16, 202354An emergency 50 billion Swiss Franc loan from the Swiss National Bank in the early hours of Thursday helped to...
BankingBad bonds risk bringing down banks, warns ‘Dr Doom’ – POLITICOMarch 16, 2023197The man who predicted the 2008 banking crisis has a new blip on his sonar screen: “underwater” bonds that he...
EconomyHang Seng climbs 2%, leading gains in Asia-Pacific after Wall Street sees bank stocks reboundMarch 15, 202354An Hour AgoSingapore and South Korea banks rise in early trading tracking Wall Street reboundBank stocks in Singapore and South...
BankingThe crypto ‘contagion’ that helped bring down SVB – POLITICOMarch 14, 202377As U.S. banking regulators begin their post-mortem of Silicon Valley Bank, some pundits are pointing the finger at crypto markets,...