[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,…
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Analysis: Swiss blank cheque wins some time for Credit Suisse
[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…
Bain Capital’s Connaughton says SVB fallout will weigh on banks
[ad_1] NEW YORK, March 15 (Reuters) – Bain Capital’s co-managing partner, John Connaughton, told Reuters on Wednesday that the fallout from SVB Financial Group’s (SIVB.O) collapse will weigh on banks…
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…
Dutch farmers and climate activists protest over government policies
[ad_1] AMSTERDAM, March 11 (Reuters) – More than 10,000 Dutch farmers protested in The Hague on Saturday against government plans to limit nitrogen emissions, a policy they say will spell…
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…