Wall Street ended sharply lower on fears of bank contagion
by First Republic Bank tumbles over dividend suspension SVB Financieel seeks bankruptcy protection FedEx jumps on full-year profit forecast Indexes down: Dow 1.19%, S&P 1.10%, Nasdaq …
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ECB watchdog sees no contagion of Europe after US and Swiss bank rescues
March 17 (Reuters) – European Central Bank regulators see no contagion for eurozone banks from the recent turmoil, a source said Friday, after US lenders …
High-ranking US envoy travels to Honduras because of ties with China
TEGUCIGALPA, March 16 (Reuters) – A senior envoy from President Joe Biden will travel to Panama and Honduras this month, the US State Department said …
The US banking system is healthy, but not all deposits are guaranteed, says Yellen
WASHINGTON, March 16 (Reuters) – The US banking system remains sound and Americans can be confident that their deposits are safe, Treasury Secretary Janet Yellen …
Saudi Arabia can invest in Iran ‘very quickly’ after agreement – minister
RIYADH, March 15 (Reuters) – Saudi Arabia’s finance minister, Mohammed Al-Jadaan, said on Wednesday that Saudi investment in Iran could happen “very soon” following an …
Charles Schwab’s CEO says the company is liquid and not seeking capital or deals
NEW YORK, March 14 (Reuters) – Charles Schwab (SCHW.N) has enough liquidity, the bank and brokerage’s CEO said Tuesday, to allay concerns about a “doomsday” …
Factbox: Why is Cyclone Freddy a record-breaking storm?
JOHANNESBURG, March 14 (Reuters) – Tropical Cyclone Freddy swept across the coast of southern Africa for a second time this weekend, bringing the total death …
Wall St Rallying on Bank Recovery, Small Bets on Rate Hikes
Feb CPI in line with expectations Restore regional banks Meta stands up for more layoff plans Indexes up: Dow 1.33%, S&P 1.95%, Nasdaq 2.36% March …
European, Asian bank stocks fall, US banks gain in premarket
SINGAPORE/LONDON, March 13 (Reuters) – Bank stocks in Europe and Asia fell Monday as the collapse of startup-focused Silicon Valley Bank continued to shake markets, …
US stock futures rise as the Fed intervenes on banks
https://tmsnrt.rs/2zpUAr4 US authorities are acting to stabilize banks Markets are speculating on less aggressive Fed hikes Short-term Treasury yields fall, Fed futures rise SYDNEY, March …