[ad_1] Chinese blue chips gain after service sector returns to growth Nikkei up 1.55%, Australia gains 0.87% but Hong Kong falls 10-year U.S. Treasury yields reach 1.5940 matching June high…
Tag: STX
First Republic rescue may rely on US backing to facilitate deal – Bloomberg News
[ad_1] March 21 (Reuters) – Wall Street CEOs and U.S. officials discussing an intervention at First Republic Bank (FRC.N) are exploring the possibility of government backing to encourage a deal,…
US Treasury looks to strengthen financial stability; big focus on smaller banks
[ad_1] WASHINGTON, March 21 (Reuters) – The U.S. Treasury is continuing to monitor the health of mid-sized and regional banks and is considering what steps can be taken to further…
Analysis: Market turmoil is doing central bankers’ jobs for them
[ad_1] Financial conditions tighten after banking rout Market turmoil equal to multiple Fed hikes -economists Bank stocks tumble, borrowing costs surge Lending standards will tighten -Goldman Sachs March 21 (Reuters)…
Stacks Price Prediction as STX Becomes Top 15 Most Traded Crypto in 24 Hours – How High Can STX Go?
[ad_1] Stacks website Stacks (STX), the cryptocurrency that powers the smart-contract enabled Bitcoin layer-2 scaling blockchain called Stacks, saw the 13th highest trading volume of all cryptocurrencies over the last…
Fed, US banks in focus as mood improves on Credit Suisse rescue
[ad_1] March 21 (Reuters) – Investors on Tuesday took some heart from the rescue of troubled lender Credit Suisse by its Swiss rival UBS (UBSG.S), though concerns lingered about the…
Analysis: Safe-havens and risk assets both rise as banking woes shift Fed expectations
[ad_1] NEW YORK, March 21 (Reuters) – Worries over the banking crisis are boosting disparate assets, with traditional safe-havens such as gold, Treasuries and money markets seeing high demand along…
Switzerland’s secretive Credit Suisse rescue rocks global finance
[ad_1] ZURICH, March 20 (Reuters) – Days before a hastily convened press conference late on Sunday that would make the world’s front pages, Switzerland’s political elite were secretly preparing a…
South African shares shrug banking crisis, rand slips
[ad_1] JOHANNESBURG, March 20 (Reuters) – South African shares strengthened on Monday despite a global banking crisis as investors rushed into safe haven resource stocks, while the risk-sensitive rand weakened.…