Tag: Banking crisis

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Banking turmoil means recession fears are creeping back

The failures of U.S. lenders Silicon Valley Bank (SVB) and Signature Bank, followed by Credit Suisse's rescue, and the ensuing turmoil in world markets...

Banking volatility eases as regulators refine responses

Immediate investor concerns over the banking sector eased on Tuesday, lifting stock prices, with the European Central Bank's supervisory chief saying recent sector volatility...

European stocks extend recovery as banking fears ebb

European stocks rose for a second session on Tuesday, lifted by commodity and banking shares, after a buyout deal for failed Silicon Valley Bank...

First Citizens agrees to acquire failed Silicon Valley Bank

First Citizens BancShares Inc (FCNCA.O) said on Monday it will acquire the deposits and loans of failed Silicon Valley Bank (SIVB.O), closing one chapter in the crisis...

Global supervisor committee to review banking market turmoil

The main global committee of banking supervisors is to review this month's banking market turmoil to see what lessons can be learnt and whether...

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Global bond funds register big outflows on rate worries

Global bond funds saw their biggest weekly outflows in...

HSBC to acquire Citigroup China consumer wealth business

HSBC is set to acquire Citigroup's China consumer wealth management...

Chinese loans to Africa plummet to near two-decade low – study

Chinese sovereign lending to Africa fell below $1 billion...

Dollar holds near 10-month high, keeps heat on yen, euro

The dollar steadied near its highest level since November...

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