US banking giants pledge $30bn to prop up First Republic Bank
Leaders of top US financial agencies say move is ‘welcome’ amid fears California-based lender could…
Year: 2023
One year after the first rate hike, the Fed stands at policy crossroads
The Fed in some ways is both closer and further away from its goals when…
A group of banks are in talks to deposit $30 billion in First Republic, sources say
The news comes after First Republic’s stock has been pummeled in recent days, sparked by…
Bank shares rebound off lows as big banks consider coming to the aid of First Republic
The collapse of Silicon Valley Bank last Friday has left investors scrambling to identify other…
Bank shares rebound off lows as big banks consider coming to the aid of First Republic
The collapse of Silicon Valley Bank last Friday has left investors scrambling to identify other…
France’s President Macron overrides parliament to pass retirement age bill
French President Emmanuel Macron invoked special constitutional powers to push the bill through.
Bank shares rebound off lows on report big banks coming to the aid of First Republic
The collapse of Silicon Valley Bank last Friday has left investors scrambling to identify other…
European Central Bank hikes rates despite market mayhem, pledges support if needed
Some market players questioned whether President Christine Lagarde would proceed with a hike, given recent…
UK bans TikTok on government devices following U.S. move
The United Kingdom on Thursday announced plans to ban the Chinese-owned video app TikTok on…
Credit Suisse shares soar over 20% on Swiss National Bank loan announcement
Credit Suisse shares rose over 30% at the market open after the bank said that…
US releases video of Black Sea drone incident with Russian jet
Pentagon says footage shows Russian Su-27 approaching the back of MQ-9 drone and beginning to…
Credit Suisse shares soar over 20% on Swiss National Bank loan announcement
Credit Suisse shares rose over 30% at the market open after the bank said that…
Untimely rains threaten India winter crops just before harvesting
Key growing states in central, northern and western regions likely to receive more rain and…
Credit Suisse to borrow up to nearly $54 billion from Swiss National Bank
Credit Suisse announced it will be borrowing up to 50 billion Swiss francs ($53.68 billion)…
Can asylum seekers in Europe survive the cost-of-living crisis?
People fleeing violence are being driven into extreme poverty by escalating prices — but there…
Credit Suisse to borrow up to nearly $54 billion from Swiss National Bank
Credit Suisse announced it will be borrowing up to 50 billion Swiss francs ($53.68 billion)…
NASA unveils sleeker spacesuits for future US mission to Moon
NASA’s new spacesuits will be worn during the Artemis mission, which plans to return humans…
US says drone recovery difficult as Russian ships at crash site
US General Mark Milley said the MQ-9 Reaper drone sank in an area of the…
Southeast Asia VC firms could see a larger impact from SVB fallout than startups
Some VC firms could face challenges in finding another bank that offers the same product…
Sea Group’s digital bank launches in Singapore to a select group of individuals
Singapore tech giant Sea Group has launched its digital banking services to select members of…
