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....
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...
Gold eases but remains on course for quarterly rise
Key U.S. inflation gauge slightly below expectations All precious metals set to gain in March March 31 (Reuters) – Gold prices were on track for...
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...
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...