FundsBank stocks plunge resumes as SVB market turmoil continuesMarch 13, 202355LONDON/SINGAPORE, March 13 (Reuters) - Bank shares in Europe and Asia plunged on Monday as the United States' move to...
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...
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...
FundsInvestors pulled $1.2 bln from UK equity funds in February – CalastoneMarch 7, 202391LONDON, March 7 (Reuters) - Investors pulled 962 million pounds ($1.16 billion) from UK-focused equity funds in February, the third-largest...
EconomyBank of America CEO sees U.S. technical recession in 3rd qtrMarch 6, 202375SYDNEY, March 7 (Reuters) - Bank of America (BAC.N) Chief Executive Officer Brian Moynihan said on Tuesday the U.S. economy...
BankingBerkshire dumps shares in TSMC, banks; increases Apple stakeFebruary 14, 202376NEW YORK/BANGALORE, Feb 14 (Reuters) - Warren Buffett's Berkshire Hathaway Inc (BRKa.N) slashed its stake in Taiwanese contract chip-maker TSMC...
BankingBanks battle to shed unsold buyout loans – sourcesJanuary 31, 2023104Banks offloading loans backing PE buyouts -sourcesUnsold loans in Europe now down to 5 bln euros -sourcesLONDON, Jan 31(Reuters) -...
FundsChina reopening spurs record inflows into emerging market funds -BofAJanuary 20, 202374LONDON, Jan 20 (Reuters) - Investors poured a record $12.7 billion into emerging-market debt and equity funds in the week...
BankingFed wants climate risk analysis from 6 largest U.S. banks by July 31January 18, 202360WASHINGTON, Jan 17 (Reuters) - The Federal Reserve on Tuesday told the six largest U.S. banks to compile data on...
MoneyDavos 2023: What you need to know about the WEF on TuesdayJanuary 17, 202387DAVOS, Switzerland, Jan 17 (Reuters) - The first day of official programming at the World Economic Forum's (WEF) annual meeting...