Bank
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Philippine Central Bank To Raise Rates 25 Bps In March, 6.50% Peak Seen In Q2 – Reuters Poll
A logo of Bangko Sentral ng Pilipinas (Central Bank of the Philippines) is seen at their main building in Manila, Philippines March 23, 2016. Reuters The Philippine central bank will…
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Hardline US Republicans Oppose Bank Deposit Guarantees Beyond $250,000 Limit
A sign reads “FDIC Insured” on the door of a branch of First Republic Bank in Boston, Massachusetts, U.S., March 13, 2023. Reuters Hardline Republicans in the House of Representatives…
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Marketmind: Europe, US Reverse Bank Jitter Sell-offs: Will Asia Follow?
A man watches stock quotations on an electronic board outside a brokerage, in Tokyo, Japan, March 20, 2023. Reuters A look at the day ahead in Asian markets from Stephen…
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U.S. Bank Crisis ‘Unlikely’ To Spill Over To Canada, Analyst Says
The Toronto Dominion (TD) bank logo is seen on a building in Toronto, Ontario, Canada March 16, 2017. Picture taken March 16, 2017. Reuters Canada’s top six lenders have ample…
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Safe-haven Yen Regains Footing As Caution Builds Over Bank Contagion
Japanese Yen and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. Reuters The safe-haven yen rebounded from early steep declines and the risk-sensitive Australian and New…
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Nearly 200 US Banks at Risk of SVB-Like Failure Triggered by a Bank Run – Report
Amid the worsening US banking crisis, a new report predicting trouble for nearly 200 American banks has sent shock waves in the industry. According to a research report published by…
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Credit Suisse: A Bank Sunk By Scandals
Credit Suisse was taken over by UBS in a deal orchestrated by the Swiss government AFP Credit Suisse was a pillar of Swiss banking that rapidly collapsed, its foundations fatally…
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Israeli Injured In West Bank Shooting As Talks Seek ‘Calm’
Israeli troops patrol in the occupied-West Bank town of Huwara AFP A shooting attack in the northern West Bank town of Huwara on Sunday left an Israeli seriously wounded, the…
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Gunman Captured After Attack On Israeli Couple In West Bank Town
Israeli troops stand guard at the scene of a shooting, in Huwara, in the Israeli-occupied West Bank, March 19, 2023. Reuters A Palestinian gunman opened fire on Sunday on an…
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U.S. Lawmakers To Examine Hike In FDIC Bank Deposit Insurance Cap
A sign reads “FDIC Insured” on the door of a branch of First Republic Bank in Boston, Massachusetts, U.S., March 13, 2023. Reuters Three prominent U.S. lawmakers on banking matters…
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Analysis-Asset Concerns Weigh On U.S. Regional Bank Deal Talks
A First Republic Bank branch is pictured in Midtown Manhattan in New York City, New York, U.S., March 13, 2023. Reuters Some U.S. regional banks’ efforts to raise capital and…
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JPMorgan’s Jamie Dimon Plays Key Role In Bank Rescue, In Echo Of 2008
Jamie Dimon, chairman and chief executive of JPMorgan Chase, appears before Congress in September 2022 AFP Consulted by policymakers and able to nudge his peers into action, JPMorgan Chase CEO…
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Crypto-linked Bank Failures Fuel Regulation Debate
Regulators had to take over Signature bank, which was an important conduit into the regular financial system for numerous crypto firms, after a run on deposits AFP The global cryptocurrency…
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Banking Giants Pool In $30 Billion to Rescue Crisis-Hit California Bank First Republic
US banking giants have come together to avert another American bank collapse. Embattled lender First Republic received a $30 billion rescue deal from some of the nation’s biggest banks like…
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Swiss National Bank Bails Out Crisis-Hit Credit Suisse to Avert Major Banking Crisis
Crisis-hit Credit Suisse got a much needed lifeline on Thursday as the Swiss National Bank agreed to lend it as much as $54 billion to stem a liquidity crisis. In…