[ad_1] March 30, 2023 – Settlements are messy, especially those involving personal injury claims. Large and complex settlements require broad expertise involving the need to retain several different firms and…
Tag: NRLPA:OBNK
Banking regulators increase scrutiny of ‘shadow’ bank exposures
[ad_1] LONDON, March 24 (Reuters) – Global banking regulators will step up scrutiny of how risks from systemically important shadow banks could destabilise lenders, a top banking regulator said on…
Exclusive: N. American fixed income group will not take legal action over Credit Suisse AT1 wipeout -source
[ad_1] TORONTO, March 23 (Reuters) – The Credit Roundtable, a lobby group of some of the biggest fixed income asset managers from the United States and Canada, has decided not…
Exclusive: JPMorgan, Citi, BofA tell staff not to poach clients from stressed banks – memo, sources
[ad_1] NEW YORK, March 23 (Reuters) – As a series of U.S. lenders were besieged by customers yanking out their money this month, banking behemoths including JPMorgan Chase & Co…
Explainer: Credit Suisse bondholders seek legal advice on AT1 wipe-out
[ad_1] LONDON, March 23 (Reuters) – Credit Suisse (CSGN.S) bondholders are seeking legal advice after the Swiss regulator ordered 16 billion Swiss francs ($17.5 billion) of Additional Tier-1 (AT1) debt…
EU watchdog calls for urgent reform of money market funds
[ad_1] LONDON, March 21 (Reuters) – Reforms to tackle vulnerabilities in money market funds are urgently needed for the sector to cope better with economic shocks, a top European Union…
Mexican finance minister says “satisfied” with Citibanamex sale
[ad_1] MERIDA, Mexico, March 17 (Reuters) – Mexico’s government is “satisfied” with the sale process of Citigroup’s (C.N) Mexican retail bank Citibanamex, Finance Minister Rogelio Ramirez de la O said…
Exclusive: SVB Financial explores bankruptcy as option for asset sales -sources
[ad_1] March 15 (Reuters) – SVB Financial Group (SIVB.O), the company whose former subsidiary Silicon Valley Bank was taken over by U.S. banking regulators last week, is exploring seeking bankruptcy…
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…
Credit risk surges as investors fear bank failures threaten markets
[ad_1] NEW YORK, March 13 (Reuters) – Credit risk indicators flashed red on Monday, as investors worried about contagion risks across corporate debt markets after the collapse of Silicon Valley…