FundsBank stocks plunge resumes as SVB market turmoil continuesMarch 13, 202355LONDON/SINGAPORE, March 13 (Reuters) - Bank shares in Europe and Asia plunged on Monday as the United States' move to...
BankingEurope’s bank shares plunge, bonds rally despite SVB rescue effortMarch 13, 202353Europe's bank shares slump 6% in biggest fall in over a yearU.S. authorities act to stabilise banksMarkets speculate on less...
Stock MarketWorld markets set for aftershocks as SVB collapse ripples outMarch 12, 202358LONDON, March 12 (Reuters) - Markets were set for a bumpy ride this week as the fallout from collapsed startup-focused...
BankingUK races to minimise damage from Silicon Valley Bank collapseMarch 12, 202353Government 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, 2023671NEW 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, 202379March 11 (Reuters) - The U.S. Federal Reserve and the Federal Deposit Insurance Corp are weighing the creation of a...
FinanceBritain’s finance minister flags back-to-work incentives in budgetMarch 11, 202358LONDON, March 11 (Reuters) - Finance minister Jeremy Hunt will set out measures to boost Britain's workforce next week, by...
FinanceUK finance minister, Bank of England working to minimise SVB falloutMarch 11, 202374LONDON, March 11 (Reuters) - Britain's finance ministry and the Bank of England are working together to minimise the disruption...
FinanceSilicon Valley Bank is largest failure since 2008 crisis, billions strandedMarch 11, 202368California regulator closes SVB, appoints FDIC as receiverSVB focused on lending to start-ups; branches to reopen MondayFDIC to sell bank...
CurrenciesStrong US job growth persists; wage inflation shows signs of slowdownMarch 10, 202358Nonfarm payrolls increase by 311,000 in FebruaryUnemployment rate rises to 3.6% from 3.4%Average hourly earnings gain 0.2%; up 4.6% year-on-yearWASHINGTON,...