[ad_1] March 13 (Reuters) – Defunct startup-focused lender SVB Financial Group (SIVB.O) said on Monday that it was planning to explore strategic alternatives for its businesses including the holding company,…
Tag: BNKS1
Credit risk surges as investors fear bank failures threaten markets
[ad_1] NEW YORK, March 13 (Reuters) – Credit risk indicators flashed red on Monday, as investors worried about contagion risks across corporate debt markets after the collapse of Silicon Valley…
First Republic shares dive on contagion fear, dragging U.S. regional banks
[ad_1] March 13 (Reuters) – Shares of U.S. regional banks slumped on Monday, led by sharp losses in First Republic Bank (FRC.N) as news of fresh financing failed to assuage…
U.S. crypto firms seek Swiss banking partners amid banking meltdown
[ad_1] LONDON, March 13 (Reuters) – U.S.-based crypto firms are trying to open Swiss bank accounts after the collapse of two U.S. crypto-focused banks made it harder for them to…
Factbox: Which companies are affected by SVB collapse?
[ad_1] March 13 (Reuters) – Startup-focused lender SVB Financial Group (SIVB.O) last week became the largest bank to fail since the 2008 financial crisis, sending ripples across the globe as…
U.S. bank woes no threat to Swedish financial system, watchdog says
[ad_1] OSLO, March 13 (Reuters) – The collapse of Silicon Valley Bank (SVB) and some other U.S. banks is unlikely to impact Sweden’s financial stability, Sweden’s financial watchdog said on…
Italy says hopes EU acts to shore up banks if needed, after SVB collapse
[ad_1] ROME, March 13 (Reuters) – Italy’s Economy Minister Giancarlo Giorgetti is closely watching market developments following the collapse of the Silicon Valley Bank (SVB), the ministry said on Monday,…
Credit Suisse shares hit new low
[ad_1] ZURICH, March 13 (Reuters) – Credit Suisse (CSGN.S) shares hit a new record low in morning trading on Switzerland’s stock exchange. Bank shares in Europe and Asia plunged on…
Mobile games developer Huuuge says has $24.2 mln at SVB
[ad_1] March 13 (Reuters) – Mobile games developer Huuuge Inc (HUGP.WA) said late on Saturday about 10% of its cash and securities were held at the collapsed Silicon Valley Bank…
First Republic secures new facility from JPMorgan
[ad_1] March 12 (Reuters) – U.S. private bank First Republic Bank (FRC.N) said on Sunday it had secured additional financing through JPMorgan Chase & Co (JPM.N), giving it access to…