[ad_1] LONDON, March 16 (Reuters) – Switzerland’s radical pledge to bankroll Credit Suisse Group AG has won the embattled lender the chance to resurrect itself from an almost complete collapse…
Tag: DBTR
Exclusive: SVB Financial explores bankruptcy as option for asset sales -sources
[ad_1] March 15 (Reuters) – SVB Financial Group (SIVB.O), the company whose former subsidiary Silicon Valley Bank was taken over by U.S. banking regulators last week, is exploring seeking bankruptcy…
Moody’s changes outlook on U.S. banking system to ‘negative’
[ad_1] March 14 (Reuters) – Ratings agency Moody’s Investors Service on Tuesday changed its outlook on the U.S. banking system to “negative” from “stable” after the collapse of three major…
SVB a casualty in ‘battle between fire and ice’ against inflation, bankers hear
[ad_1] LONDON, March 14 (Reuters) – The dramatic collapse of Silicon Valley Bank and the market turmoil it unleashed is part of the “battle between fire and ice” in global…
Silicon Valley Bank collapse: What you need to know
[ad_1] March 14 (Reuters) – Shockwaves from the collapse of Silicon Valley Bank pounded global bank stocks on Tuesday as assurances from President Joe Biden and other policymakers failed to…
Swiss regulator monitoring banks and insurers after SVB collapse
[ad_1] ZURICH, March 13 (Reuters) – Swiss financial regulator FINMA on Monday said it was seeking to identify any potential contagion risks for the country’s banks and insurers following the…
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…
Six Hong Kong-listed firms say their deposits at SVB are immaterial
[ad_1] HONG KONG, March 12 (Reuters) – Six Hong Kong-listed companies, mostly Chinese pharmaceutical firms, disclosed cash deposits at Silicon Valley Bank on Sunday, adding that their exposure to the…
US preparing to stem SVB fallout with ‘material action’-sources
[ad_1] NEW YORK, March 12 (Reuters) – U.S. authorities were preparing “material action” on Sunday to shore up deposits in Silicon Valley Bank and stem any broader fallout from its…