[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…
Tag: STX
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…
First Republic shares dive on contagion fear, dragging U.S. regional banks
[ad_1] March 13 (Reuters) – Shares of U.S. regional banks slumped on Monday, led by sharp losses in First Republic Bank (FRC.N) as news of fresh financing failed to assuage…
Charles Schwab tumbles as drop in margin balances fans concerns after SVB collapse
[ad_1] March 13 (Reuters) – Charles Schwab (SCHW.N) on Monday reported a 28% decline in average margin balances and a 4% fall in total client assets for February, piling more…
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,…
Credit Suisse shares hit new low
[ad_1] ZURICH, March 13 (Reuters) – Credit Suisse (CSGN.S) shares hit a new record low in morning trading on Switzerland’s stock exchange. Bank shares in Europe and Asia plunged on…
Regulator takes control of Silicon Valley Bank’s Canadian branch
[ad_1] March 12 (Reuters) – A Canadian banking regulator on Sunday said it was taking temporary control of Silicon Valley Bank’s (SIVB.O) unit in the country, as the fallout from…
US preparing to stem SVB fallout with ‘material action’-sources
[ad_1] NEW YORK, March 12 (Reuters) – U.S. authorities were preparing “material action” on Sunday to shore up deposits in Silicon Valley Bank and stem any broader fallout from its…
Israel stocks slip on SVB failure, government vows aid for tech firms
[ad_1] JERUSALEM, March 12 (Reuters) – Israeli bank and insurance company shares were more than 2.5% lower on the Tel Aviv Stock Exchange (TASE) on Sunday following the failure of…