[ad_1] WASHINGTON, March 16 (Reuters) – Global central bankers on Thursday rolled out what appears to be an emerging effort to firewall the rate increases needed to fight inflation from…
Tag: PLCY
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,…
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…
BlackRock CEO Fink warns of financial risks, persistent inflation
[ad_1] March 15 (Reuters) – BlackRock Inc (BLK.N) Chief Executive Laurence Fink warned on Wednesday the U.S. regional banking sector remains at risk after the collapse of Silicon Valley Bank…
Column: Funds end Feb with huge short position in U.S. rates, bonds: McGeever
[ad_1] ORLANDO, Fla., March 15 (Reuters) – Hedge funds closed February holding huge short positions in short-term U.S. interest rate and Treasuries futures, positions that may have been crushed by…
Japan won’t face incidents like SVB collapse – finance minister
[ad_1] TOKYO, March 15 (Reuters) – Japan’s banking sector won’t face incidents similar to the collapse of U.S. lender Silicon Valley Bank (SIVB.O) due to differences in the structure of…
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…
Italy says hopes EU acts to shore up banks if needed, after SVB collapse
[ad_1] ROME, March 13 (Reuters) – Italy’s Economy Minister Giancarlo Giorgetti is closely watching market developments following the collapse of the Silicon Valley Bank (SVB), the ministry said on Monday,…
UK finance minister and Bank of England work to contain SVB fallout
[ad_1] LONDON, March 11 (Reuters) – Britain’s finance ministry and the Bank of England are working together to minimise the disruption that could stem from a collapse of the UK…