[ad_1] March 18 (Reuters) – Silicon Valley Bank’s UK arm handed out over 15 million pounds ($18 million) in bonuses days after its rescue deal this week by HSBC, Sky…
Tag: HK
Italy’s Wind Tre to spin-off network as it explores sale
[ad_1] MILAN, March 14 (Reuters) – Italian telecoms operator Wind Tre is planning to spin-off its network assets into a separate company as it resumed talks with Swedish private equity…
Credit Suisse $54 bln lifeline offers limited respite to global banks
[ad_1] March 16 (Reuters) – Credit Suisse (CSGN.S) sought to shore up its liquidity and restore investor confidence on Thursday by borrowing up to $54 billion from Switzerland’s central bank,…
Forty US senators join push for tougher stance over China’s treatment of Hong Kong
[ad_1] WASHINGTON, March 15 (Reuters) – Forty of the 100 U.S. senators co-sponsored a resolution on Wednesday urging a strong U.S. government response to any Chinese efforts to clamp down…
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…
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…
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…
SVB exploring sale as crisis triggers global banking rout
[ad_1] U.S., European banks sell off for second day Banks’ bond holdings in focus as central banks hike rates Treasury monitoring developments; investors fear ‘systemic risk’ SVB memo tells employees…