BankingMorning Bid: Europe, US reverse bank jitter sell-offs: will Asia follow?March 20, 202369March 20 (Reuters) - A look at the day ahead in Asian markets from Stephen Culp.Global market skittishness over whether...
CurrenciesUS consumer sentiment deteriorates in March, inflation expectations retreatMarch 17, 202359Consumer sentiment slips in MarchInflation expectations easeManufacturing production edges up 0.1% in FebruaryWASHINGTON, March 17 (Reuters) - U.S. consumer sentiment...
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...
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...
MoneyBanking turmoil could help euro doves cry victoryMarch 14, 202368LONDON, March 14 (Reuters Breakingviews) - Up until last week, European Central Bank President Christine Lagarde was odds-on to keep...
BankingUK pay growth slows as Bank of England mulls rates pauseMarch 14, 202353Basic pay growth slows for first time in a yearBoE watching labour market inflation pressureInvestors see 40% chance of rate...
InvestingVolkswagen to invest $193 bln over 5 years to hit EV targetMarch 14, 202374VW investing up to 15 bln euros in batteries, raw materialsTwo-thirds of 5-yr budget for electrification, digitalisationSoftware unit Cariad saw...
Stock MarketBiden pledges ‘whatever needed’ as banks feel force of SVB falloutMarch 13, 202376March 13 (Reuters) - U.S. President Joe Biden vowed to do whatever was needed to address a threatened banking crisis...