Analysis: Some U.S. banks facing stock rout may need to seek partners

[ad_1] NEW YORK, March 14 (Reuters) – Some U.S. regional banks are under pressure after the collapse of two lenders within days, with industry executives and advisers saying they could…

Silicon Valley Bank ‘conducting business as usual’, new CEO says

[ad_1] March 13 (Reuters) – Silicon Valley Bank’s new boss Tim Mayopoulos on Monday told clients that the lender is open and conducting business as usual, according to a letter…

Stocks, yields slide after U.S. jobs report as Omicron looms

[ad_1] U.S. job growth slows; jobless rate plunges to 4.2% Stocks, bonds yields slide in volatile trade U.S. 10-year yields fall to 1.35%, lowest in 10 weeks Dollar little changed,…

Volkswagen picks Canada for first battery cell plant outside Europe

[ad_1] Move comes shortly after Scout plant announcement Plant in Canada can also qualify for IRA subsidies BASF also picked Canada for EV battery materials plant WOLFSBURG, Germany, March 13…

Analysis: As banks break, markets hear the sound of peaking rates

[ad_1] SINGAPORE, March 13 (Reuters) – Investors scrambled to pull down global rate expectations on Monday and abandoned wagers on steep U.S. hikes next week, reckoning the biggest American bank…

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…

SVB Financial mulls strategic options, hires restructuring veteran

[ad_1] March 13 (Reuters) – Defunct startup-focused lender SVB Financial Group (SIVB.O) said on Monday that it was planning to explore strategic alternatives for its businesses including the holding company,…

Biden administration approves massive Willow oil project in Alaska

[ad_1] LOS ANGELES/WASHINGTON, March 13 (Reuters) – The Biden administration is approving a scaled-back version of ConocoPhillips’ (COP.N) $7 billion oil and gas drilling Willow project in Alaska, the U.S.…

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…

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…