[ad_1] LONDON, March 11 (Reuters) – Stablecoin USD Coin (USDC) lost its dollar peg and slumped to an all-time low on Saturday before recovering most of its losses after Circle,…
Tag: BISV
UK finance minister and Bank of England work to contain SVB fallout
[ad_1] LONDON, March 11 (Reuters) – Britain’s finance ministry and the Bank of England are working together to minimise the disruption that could stem from a collapse of the UK…
Exclusive: Chip equipment maker ASML’s suppliers eye Asia plants outside China amid tensions
[ad_1] HANOI/AMSTERDAM, March 10 (Reuters) – Suppliers to Dutch chip-making machines giant ASML Holding NV (ASML.AS) are considering building plants in Southeast Asia instead of China amid political tensions between…
Bank of London weighs rescue bid for Silicon Valley Bank’s UK arm – Sky News
[ad_1] March 11 (Reuters) – British clearing bank The Bank of London is considering a rescue bid for the UK arm of collapsed U.S. bank Silicon Valley Bank (SIVB.O), Sky…
Reactions to Silicon Valley Bank meltdown
[ad_1] March 10 (Reuters) – California banking regulators on Friday closed SVB Financial Group (SIVB.O), the largest bank failure since the financial crisis, moving quickly to protect depositors as a…
Bank of England seeks to wind up Silicon Valley Bank’s UK arm
[ad_1] LONDON, March 10 (Reuters) – The Bank of England said on Friday that it was seeking a court order to place Silicon Valley Bank UK Limited into an insolvency…
Wall St Week Ahead: Inflation data on deck for markets hit by worries about Fed, banks
[ad_1] NEW YORK, March 10 (Reuters) – A critical inflation report next week will test a U.S. stock market already consumed by worries over Federal Reserve hawkishness and potential fallout…
Octopus Energy to invest 1 bln euros in French green energy market
[ad_1] LONDON, March 10 (Reuters) – British energy supplier Octopus Energy said on Friday it will invest 1 billion euros ($1.1 billion) in the French green energy market over the…
First Republic, Western Alliance calm contagion worries from SVB meltdown
[ad_1] March 10 (Reuters) – U.S. lenders First Republic Bank (FRC.N) and Western Alliance (WAL.N) said on Friday their liquidity and deposits remained strong, calming investors worried of a spill-over…