[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…
Tag: INVBIS
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…
Germany imposes moratorium on German SVB branch
[ad_1] FRANKFURT, March 13 (Reuters) – Germany’s financial regulator BaFin on Monday said it was imposing a moratorium on the German branch of Silicon Valley Bank in the wake of…
Charles Schwab tumbles as drop in margin balances fans concerns after SVB collapse
[ad_1] March 13 (Reuters) – Charles Schwab (SCHW.N) on Monday reported a 28% decline in average margin balances and a 4% fall in total client assets for February, piling more…
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…
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…
Mexican unicorn Clara bags $90 mln in debt financing amid Brazil expansion
[ad_1] SAO PAULO, March 13 (Reuters) – Mexican unicorn Clara has secured $90 million in fresh debt funding led by U.S. debt provider Accial Capital, the company announced on Monday,…
Finance firms with $137 trln urge boards for more environmental data
[ad_1] Biggest-ever backing for annual CDP data request Comes as regulators begin mandating disclosures Data used to assess environmental risks, opportunities LONDON, March 13 (Reuters) – Financial institutions managing $137…
Regulator takes control of Silicon Valley Bank’s Canadian branch
[ad_1] March 12 (Reuters) – A Canadian banking regulator on Sunday said it was taking temporary control of Silicon Valley Bank’s (SIVB.O) unit in the country, as the fallout from…