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...
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...
Banks tumble as SVB ignites capitalization fears
March 9 (Reuters) – The S&P 500 bank index (.SPXBK) tumbled nearly 6% on Thursday in its biggest one-day drop in over two years as...
U.S. companies and their backers seize on window to sell stock
NEW YORK, March 7 (Reuters) – Sales of shares in publicly listed U.S. companies had their strongest showing last week in more than a year,...
Wells Fargo lays off mortgage bankers – CNBC
Feb 22 (Reuters) – Wells Fargo & Co (WFC.N) laid off hundreds of mortgage bankers this week as part of its recent strategic shift, CNBC...
Analysis: Wall Street heavyweights warn of pain ahead despite market’s recent reprieve
NEW YORK, Jan 25 (Reuters) – Some of Wall Street’s biggest names are throwing cold water on expectations that the U.S. economy will scrape through...
Wall St Week Ahead Stumbling Treasury rally clouds bond market outlook for 2023
NEW YORK, Dec 30 (Reuters) – U.S. government bond investors hurting after the biggest annual decline in the history of the asset class are riding...
Australia’s sovereign wealth fund buys gold, commodities as shadow of 1970s looms
SYDNEY, Dec 19 (Reuters) – Australia’s A$200 billion ($134.28 billion) sovereign wealth fund is increasing exposure to gold, commodities, private equity and infrastructure as it...
Insurers shun FTX-linked crypto firms as contagion risk mounts
Dec 19 (Reuters) – Insurers are denying or limiting coverage to clients with exposure to bankrupt crypto exchange FTX, leaving digital currency traders and exchanges...