Europeans drain billions from banks, fed up with shrinking savings
LONDON/DUBLIN, May 4 (Reuters) – European savers are pulling more of their money from banks, looking for a better deal as lenders resist paying up...
Bank of England projects 100 billion pound loss for QE programme
LONDON, April 28 (Reuters) – The Bank of England estimated on Friday that its quantitative easing programme would rack up a total financial loss of...
Exclusive: US regulators worried about uninsured deposits before March crisis
April 27 (Reuters) – Four months before the second-largest bank failure in U.S. history, key banking regulators worried about the dangers large regional lenders posed...
US regional banks’ shares slip as deposit flight counters higher interest income
April 20 (Reuters) – A clutch of U.S. regional lenders on Thursday joined peers in reporting deposit outflows for the first quarter as customers spooked...
EU plans to prevent taxpayer cash being used to save failing banks
April 18 (Reuters) – The European Union on Tuesday proposed making it harder for states to pour billions of euros of aid into an ailing...
Factbox: How big U.S. banks are managing bad loan reserves
April 17 (Reuters) – U.S. banking heavyweights set aside billions of dollars in the first quarter to account for potential bad loans, as rising interest...
Investors put $538 billion into cash funds over eight weeks, Bank of America says
LONDON, April 14 (Reuters) – Investors have moved $538 billion into cash funds over the past eight weeks as they pulled money out of bank...
Yellen says not willing to allow contagious bank runs to develop
NEW HAVEN, Conn., April 3 (Reuters) – U.S. Treasury Secretary Janet Yellen on Monday said deposit outflows from small and medium-sized banks were diminishing, but...
Global derivatives industry defends CDS after banking blow-ups
LONDON, March 30 (Reuters) – The derivatives industry body, the International Association of Swaps and Derivatives Association (ISDA), has backed Credit Default Swaps amid concerns...
Signs of pain as easy cash era ends are growing
LONDON, March 30 (Reuters) – The easy-cash era is over and markets are feeling the pinch from the sharpest jump in interest rate in decades....