[ad_1] WASHINGTON, March 21 (Reuters) – The U.S. Treasury is continuing to monitor the health of mid-sized and regional banks and is considering what steps can be taken to further…
Tag: ECON
Analysis: Market turmoil is doing central bankers’ jobs for them
[ad_1] Financial conditions tighten after banking rout Market turmoil equal to multiple Fed hikes -economists Bank stocks tumble, borrowing costs surge Lending standards will tighten -Goldman Sachs March 21 (Reuters)…
Fed, US banks in focus as mood improves on Credit Suisse rescue
[ad_1] March 21 (Reuters) – Investors on Tuesday took some heart from the rescue of troubled lender Credit Suisse by its Swiss rival UBS (UBSG.S), though concerns lingered about the…
Analysis: Safe-havens and risk assets both rise as banking woes shift Fed expectations
[ad_1] NEW YORK, March 21 (Reuters) – Worries over the banking crisis are boosting disparate assets, with traditional safe-havens such as gold, Treasuries and money markets seeing high demand along…
Switzerland’s secretive Credit Suisse rescue rocks global finance
[ad_1] ZURICH, March 20 (Reuters) – Days before a hastily convened press conference late on Sunday that would make the world’s front pages, Switzerland’s political elite were secretly preparing a…
South African shares shrug banking crisis, rand slips
[ad_1] JOHANNESBURG, March 20 (Reuters) – South African shares strengthened on Monday despite a global banking crisis as investors rushed into safe haven resource stocks, while the risk-sensitive rand weakened.…
Switzerland puts up 260 billion francs for Credit Suisse rescue
[ad_1] ZURICH, March 20 (Reuters) – Credit Suisse and UBS could benefit from more than 260 billion Swiss francs ($280 billion) in state and central bank support, a third of…
Credit Suisse takeover, central bank action calm jittery markets
[ad_1] March 20 (Reuters) – Moves by authorities to avert a global banking crisis appeared to have lifted market confidence on Monday as investors welcomed emergency dollar liquidity from top…
Analysis: UBS swallows Credit Suisse, casting shadow over Switzerland
[ad_1] LONDON, March 20 (Reuters) – UBS Group (UBSG.S) emerged as Switzerland’s one and only global bank with a state-backed rescue of its smaller peer Credit Suisse, a risky bet…