CurrenciesDollar slips as banks rescue makes room for relief rallyMarch 17, 202359SINGAPORE, March 17 (Reuters) - The dollar slipped on Friday as risk sentiment improved after authorities and banks moved to...
BankingMajor US banks inject $30 bln to rescue First Republic BankMarch 16, 2023220March 16 (Reuters) - Large U.S. banks injected $30 billion into First Republic Bank (FRC.N) on Thursday, swooping in to...
BankingGlobal shares gain, Wall Street shoots higher on reports of First Republic rescueMarch 16, 202364NEW YORK/LONDON, March 16 (Reuters) - Major Wall Street indexes jumped on Thursday on reports that a large group of...
CurrenciesU.S. weekly jobless claims fall; housing finding bottomMarch 16, 202346Weekly jobless claims drop 20,000 to 192,000Continuing claims decrease 29,000 to 1.684 millionSingle-family housing starts increase 1.1% in FebruaryImport prices...
CurrenciesFear, uncertainty over bank turmoil sparks flight to safe haven currenciesMarch 16, 202365SINGAPORE, March 16 (Reuters) - The safe haven U.S. dollar and Japanese yen found support on Thursday from renewed fears...
BankingTop US Senate Democrat Schumer wants legislative response to banking illsMarch 15, 202359WASHINGTON, March 15 (Reuters) - The U.S. Congress needs to act on bipartisan legislation strengthening banking industry controls, Senate Majority...
BankingAmid bank strains, Democrats and Republicans spar over U.S. budgetMarch 15, 202367WASHINGTON, March 15 (Reuters) - The U.S. Senate Budget Committee debated Democratic President Joe Biden's $6.8 trillion budget proposal on...
BankingBritain to bolster the City after Silicon Valley Bank collapseMarch 15, 202358Finance minister says UK banks are safe and soundMore measures to make London attractive for company listingsPlans to unlock money...
CurrenciesCredit Suisse woes knock European currencies, UK budget in focusMarch 15, 202377LONDON, March 15 (Reuters) - European currencies fell sharply on Wednesday after Credit Suisse's tumble to a new low renewed...
Stock MarketCredit Suisse leads Europe bank stock rout after short-lived SVB respiteMarch 15, 202356March 15 (Reuters) - Europe's bank stocks came under pressure again on Wednesday, with Credit Suisse (CSGN.S) tumbling to a...