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...
BankingAnalysis: Declining U.S. bank reserves add wrinkle to contentious debt ceiling issueMarch 10, 202354NEW YORK, March 10 (Reuters) - A rapid fall in bank reserves held at the Federal Reserve, coinciding with an...
FundsGreenwashing crackdown in Europe leaves investors in the darkMarch 10, 202365Risk of being misled remains after Jan. 1 rule changeLittle clarity over definition of 'sustainable investment'Analysis shows greenest funds exposed...
BankingEurope’s lenders sucked into global banks routMarch 10, 202374Europe's banks suffer worst day in nine monthsSelloff began in U.S. after tech lender SVB's capital raiseLONDON/FRANKFURT, March 10 (Reuters)...
CurrenciesNovo obesity drug to launch in the UK soon, says watchdogMarch 8, 202363LONDON, March 8 (Reuters) - Novo Nordisk's (NOVOb.CO) keenly anticipated weight loss medicine, Wegovy, will soon be made available to...
CryptocurrencyU.S. bankruptcy judge approves Binance.US $1.3 bln deal for VoyagerMarch 7, 202381March 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, 202367SYDNEY, March 7 (Reuters) - Australia's sovereign wealth fund, the Future Fund, is screening its portfolio for Chinese companies at...
MoneyUS Senators question Binance and its US partner over complianceMarch 3, 202368March 2 (Reuters) - Three U.S. Senators have asked giant cryptocurrency exchange Binance and its U.S. partner Binance.US for information...
MortgagesECB has no sway over rising mortgage costs in Spain, Lagarde saysMarch 2, 202370MADRID, March 2 (Reuters) - The European Central Bank has no power to control rising mortgage costs that are having...
BankingEuropean banks, asset managers study halving stocks settlement timeMarch 2, 202373LONDON, Mar 2 (Reuters) - Banks and asset managers have set up a new task-force to study whether Europe should...