Bank
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Analysis-Investors Seek Value In Clobbered U.S. Regional Bank Shares
SVB (Silicon Valley Bank) logo is seen in this illustration taken March 19, 2023. Reuters As U.S. banking contagion worries ebb, some investors are hunting for shares of fundamentally strong…
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Marketmind: U.S. Bank Deal Allays Systemic Fears
A look at the day ahead in Asian markets from Jamie McGeever. Asian markets could rebound on Tuesday from their sluggish start to the week, after a deal to buy…
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First Citizens Bank Acquires Silicon Valley Bank; $90 Billion of Securities Under FDIC Receivership
North Carolina-based First Citizens Bank will buy the collapsed Silicon Valley Bank, the US Federal Deposit Insurance Corporation (FDIC) has said. As per the deal reached by the banks, the…
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Analysis: Wall Street Push For Bank Rescues Clashes With Washington Realities
SVB (Silicon Valley Bank) logo and decreasing stock graph are seen in this illustration taken March 19, 2023. Reuters The banking crisis set off by the swift collapse of Silicon…
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European Bank Shares Fall As Crisis Leaves Mark
The German share price index DAX graph is pictured at the Frankfurt stock exchange after risks have climbed to multi-month highs in recent days as concerns over contagion from the…
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Philippines Central Bank Stays In Inflation-fighting Mode, Hikes Rates By 25 Bps
Bangko Sentral ng Pilipinas Governor Felipe Medalla poses for a photograph in his office at Manila, Philippines, November 18, 2022. Reuters The Philippine central bank stayed in an inflation-fighting mode…
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Inflation Shock Puts Bank Of England On Course To Raise Rates Again
A general view of the Bank of England (BoE) building, the BoE confirmed to raise interest rates to 1.75%, in London, Britain, August 4, 2022. Reuters The Bank of England…
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Brazil Central Bank Holds Rates, Flags Increased Inflation Expectations
A man walks in front of the Central Bank headquarters building in Brasilia,?Brazil?February 14, 2023. Reuters Brazil’s central bank kept interest rates unchanged for the fifth consecutive policy meeting on…
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Explainer-How Safe Is My Money In A U.S. Bank And What Is Insured?
A security guard stands outside of the entrance of the Silicon Valley Bank headquarters in Santa Clara, California, U.S., March 13, 2023. Reuters In the United States and many other…
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Ukraine Needs $411 Bn For Reconstruction, Recovery: World Bank
Ukraine’s reconstruction and recovery needs of $411 billion is 2.6 times its estimated GDP for 2022, said a report AFP Ukraine’s reconstruction and recovery needs have grown to $411 billion,…
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Crypto Firms Turn To Swiss Banks After Silvergate Capital, Signature Bank Collapse
With two major crypto-friendly banks, Silvergate Capital and Signature Bank collapsing this month alone, cryptocurrency firms have shifted their interests to Swiss banks and have been flooding potential banking partners…
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Asia Tracks Wall St Rally As Fed Decision Replaces Bank Worries
Hong Kong led gains across Asia thanks to a rally in banking and tech giants AFP Asia extended a global equities rally Wednesday as more pledges of government support soothed…
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Stocks, Commodities And Bitcoin Rally On Easing Of Bank Failures Fears, Hopes Of Moderation Of Rate Hikes
U.S. stocks staged a strong rally during Tuesday’s regular session, driven by the easing of fears of further bank failures and the prospect of moderate interest rate hikes by the…
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US Senate Banking Committee To Hold Hearings On Silicon Valley Bank Collapse
The Silicon Valley Bank branch office is pictured in downtown San Francisco, California, U.S., March 13, 2023. Reuters The U.S. Senate Banking Committee will hold the first of several hearings…
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Cryptoverse: Bitcoin Passes The Bank Stress Test
A representation of bitcoin is seen in an illustration picture taken on June 23, 2017. Reuters As crisis stalks the traditional world of stocks and bonds, bitcoin is suddenly looking…
