Europe’s bank shares plunge, bonds rally despite SVB rescue effort
Europe's bank shares slump 6% in biggest fall in over a yearU.S. authorities act to stabilise banksMarkets speculate on less...
archiveUS
Galderma posts 2022 revenue growth ahead of planned IPO
2022 revenue growth up 13.9% to $3.8bn net salesCore earnings (EBITDA) up 14.5% to $791mExpects 6%-9% net sales growth 2023FRANKFURT,...
World markets set for aftershocks as SVB collapse ripples out
LONDON, March 12 (Reuters) - Markets were set for a bumpy ride this week as the fallout from collapsed startup-focused...
UK races to minimise damage from Silicon Valley Bank collapse
Government working to protect customers from bank's collapseHunt says plan could help customers with cash flow issuesCompanies warn of 'existential...
US marshalling ‘material action’ to stem SVB fallout -sources
NEW YORK, March 12 (Reuters) - U.S. authorities were preparing "material action" on Sunday to shore up deposits in Silicon...
UK pension funds target BP and Shell directors over climate goals- FT
March 12 (Reuters) - Two of the UK's largest pension schemes will vote against the renewal of top directors at...
US weighs new fund to backstop deposits if more banks fail, Bloomberg News says
March 11 (Reuters) - The U.S. Federal Reserve and the Federal Deposit Insurance Corp are weighing the creation of a...
UK finance minister, Bank of England working to minimise SVB fallout
LONDON, March 11 (Reuters) - Britain's finance ministry and the Bank of England are working together to minimise the disruption...
France faces another day of nationwide protests against Macron’s pension plans
PARIS, March 11 (Reuters) - France faced a seventh day of demonstrations on Saturday against President Emmanuel Macron's unpopular pension...
Silicon Valley Bank is largest failure since 2008 crisis, billions stranded
California regulator closes SVB, appoints FDIC as receiverSVB focused on lending to start-ups; branches to reopen MondayFDIC to sell bank...
