Inflation data spurs stocks rally, drop in U.S. yields
U.S. inflation cools in February Two-year U.S. Treasury yield set for biggest monthly drop since 2008 S&P 500 records back-to-back quarterly gains NEW YORK, March...
Global dealmaking sinks to lowest level in over a decade
NEW YORK/LONDON, March 31 (Reuters) – Global mergers and acquisitions (M&A) activity shrank to its lowest level in more than a decade in the first...
Exclusive: Germans shun deposits abroad on fear of new crisis
Demand for foreign deposits down 15%-20% since SVB collapse Germans seek safety in domestic banks, platforms say Smaller, foreign banks forced to raise rates FRANKFURT,...
US regulator cites ‘terrible’ risk management for Silicon Valley Bank failure
WASHINGTON, March 28 (Reuters) – A top U.S. regulator told a Senate panel on Tuesday that Silicon Valley Bank did a “terrible” job of managing...
Germany at a standstill as huge strike halts planes and trains
Unions launch 24-hour strike, biggest since 1992 Germany’s largest airports suspend flights Workers demand better pay to withstand price rises Inflation at near double digits...
Credit Suisse accessed billions in liquidity last weekend, Swiss finance minister says
ZURICH, March 25 (Reuters) – Credit Suisse (CSGN.S) tapped the Swiss National Bank for “a large multi-billion amount” last weekend to secure its liquidity, the...
European stocks fall as Deutsche Bank sparks another bank rout
European banks post third week of losses Deutsche Bank among top decliners STOXX down 1.4%, still set for weekly gains March 24 (Reuters) – A...
Fed emergency lending to banks boosted overall Fed holdings in latest week
NEW YORK, March 23 (Reuters) – Federal Reserve emergency lending to banks, which hit record levels last week, remained high in the latest week, amid...
Banking stocks slide as global investors seek safer shores
March 24 (Reuters) – Banking stocks fell again on Friday, with shares in German giant Deutsche Bank knocked by worries that regulators and central banks...
Americans are wary of bailouts as banking concerns mount -Reuters/Ipsos poll
WASHINGTON, March 15 (Reuters) – A bipartisan majority of Americans oppose U.S. taxpayers footing the bill when bad management causes a bank to fail, though...