[ad_1] NEW YORK, March 25 (Reuters) – Investors are settling in for a long slog in the U.S. stock market in coming months, braced for more tumult in the banking…
Tag: STX
U.S. economy can withstand Fed tightening, Omicron surge, Powell says
[ad_1] Jan 11 (Reuters) – Federal Reserve Chair Jerome Powell, in a congressional hearing that pointed to his likely confirmation for a second term as head of the U.S. central…
Banks scrutinize Credit Suisse products, interactions after takeover
[ad_1] NEW YORK/LONDON, March 23 (Reuters) – Some bankers and traders are grappling with how to interact with Credit Suisse (CSGN.S) across various markets including debt and foreign exchange, with…
U.S. banks bounce back from early global bank sellofft
[ad_1] LONDON/NEW YORK March 24 (Reuters) – U.S. banking stocks turned higher on Friday, shaking off tumbles in European giants Deutsche Bank and UBS amid worries there that regulators and…
S&P 500 closes at record high as Apple, healthcare stocks help shrug off Delta worries
[ad_1] Dupont, Discovery slide despite strong earnings Translate Bio surges on sale to Sanofi in $3.2-bln deal Focus on services sector data, jobs report this week Indexes up: Dow 0.8%,…
Hindenburg takes aim at Dorsey’s payments firm Block, shares plunge
[ad_1] March 23 (Reuters) – Hindenburg Research on Thursday disclosed short positions in Block Inc (SQ.N) and alleged that the payments firm led by Twitter co-founder Jack Dorsey overstated its…
Asian shares fall as Delta variant casts shadow over growth
[ad_1] HONG KONG, Aug 6 (Reuters) – Asian shares failed to catch a firm lead from a bumper Wall Street session on Friday as the spread of the Delta variant…
Central banks keep hiking rates amid banking turmoil
[ad_1] March 23 (Reuters) – The Bank of England on Thursday followed the Federal Reserve and the Swiss National Bank in hiking interest rates, as policymakers ploughed on with their…
First Republic shares fall sharply as Yellen says Treasury will not insure all deposits
[ad_1] NEW YORK, March 22 (Reuters) – As beleaguered First Republic Bank (FRC.N) considers its options, Treasury Secretary Janet Yellen said on Wednesday there is no discussion on insurance for…
Analysis: Credit Suisse collapse threatens Switzerland’s wealth management crown
[ad_1] ZURICH, March 22 (Reuters) – The fall of Credit Suisse (CSGN.S) has dealt a serious blow to Switzerland’s credentials as the world’s leading wealth management centre, experts warn, calling…