Biden pledges ‘whatever needed’ as banks feel force of SVB fallout
March 13 (Reuters) - U.S. President Joe Biden vowed to do whatever was needed to address a threatened banking crisis...
archiveWEU
Bank stocks plunge resumes as SVB market turmoil continues
LONDON/SINGAPORE, March 13 (Reuters) - Bank shares in Europe and Asia plunged on Monday as the United States' move to...
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...
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...
Britain’s finance minister flags back-to-work incentives in budget
LONDON, March 11 (Reuters) - Finance minister Jeremy Hunt will set out measures to boost Britain's workforce next week, by...
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...
