Top ECB official claims CDS market ‘contaminates’ bank stocks and deposit flows

[ad_1] The European Central Bank’s top supervisor has claimed “opaque” trading in credit default swaps is harming banks’ share prices and could threaten a run on deposits. Andrea Enria, chair…

Deposit rates to rise but not just yet | Cyprus Mail

[ad_1] Deposit rates to rise but not just yet  Cyprus Mail [ad_2] Source link

Charles Schwab Says It Could Ride Out a Deposit Flight

[ad_1] Charles Schwab Corp., one of a host of financial firms that have taken a drubbing since the collapse of several regional banks this month, is pushing back against fears…

Bank and Trust Co. Association pushes for higher deposit limits

[ad_1] TORONTO — The Bank and Trust Companies Association is asking Canada’s finance minister to consider raising the insurance limit of account deposits. TORONTO — The Bank and Trust Companies…

U.S. bank deposit outflows, unrelated to Credit Suisse, have stabilized, U.S. official says

[ad_1] WASHINGTON, March 19 (Reuters) – U.S. bank deposits have stabilized, with outflows slowing or stopping and in some cases reversing, an official said on Sunday, adding the problems of…

White House pressed to expand deposit guarantee to steady banks

[ad_1] The Biden administration is under mounting pressure to call for an expansion of the federal guarantee on bank deposits to shore up confidence in the financial system and prevent…

A group of banks are in talks to deposit $30 billion in First Republic, sources say

[ad_1] A group of financial institutions are in talks to deposit $30 billion in First Republic in what’s meant to be a sign of confidence in the banking system, sources…

Sweden discovers biggest rare earths deposit in EU

[ad_1] Sweden’s state-owned mining company LKAB has said it has discovered Europe’s largest deposit of rare earth metals. The discovery bolsters the continent’s ambition to rely less on imported raw…

SVB’s new CEO urges clients to ‘help us rebuild our deposit base’

[ad_1] A view of Silicon Valley Bank headquarters in Santa Clara, CA, after the federal government intervened upon the bankâs collapse, on March 13, 2023.  Nikolas Liepins | Anadolu Agency…

First Republic and other US regional banks tumble over fears of deposit flight

[ad_1] Shares in First Republic and several other US regional banks tumbled on Monday as investors worried that the weekend actions of the Federal Reserve and the Treasury were not…