BankingUS marshalling ‘material action’ to stem SVB fallout -sourcesMarch 12, 2023670NEW 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...
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...
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...
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...