World

Fed, US banks in focus as mood improves on Credit…

Posted by March 20, 2023

Investors on Tuesday (Mar 21) took some heart from the rescue of troubled lender Credit Suisse by its Swiss rival UBS, though concerns lingered about the risk o

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Amazon didn’t make money for a decade, but those losses…

Posted by March 20, 2023

The bankruptcy of Silicon Valley Bank SIVB, -60.41%, the nation’s 16th largest bank, has rattled global markets. SVB used short-term d

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‘A huge disruption’: Startups worldwide gird for life after SVB

Posted by March 15, 2023

Quang Hoang, the co-founder of a startup called Birdly Inc., spent his Monday refreshing the website of Silicon Valley Bank every hour. His San Francisco-based

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Biden pledges to do ‘whatever is needed’ as US lenders…

Posted by March 14, 2023

14 March 2023, 08:14 | Updated: 14 March 2023, 08:20 Joe Biden r

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‘A crisis of confidence’: Triangle companies feel effects of bank…

Posted by March 13, 2023

Companies and investors in the Triangle are feeling the effects of two back-to-back bank failures.Durham-based financial institution SJF Ventures managing direc

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What to watch out for when companies offer dividend reinvestment…

Posted by March 13, 2023

In November, RBC tweaked its dividend reinvestment plan to offer a 2-per-cent discount to the market price for shares taken as dividends.Andrew Vaughan/The Cana

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No relief for European stocks as bank selloff continues |…

Posted by March 13, 2023

The pan-European STOXX 600 index fell 0.6% by 0812 GMT, having closed at a more-than-five-week low on Friday. However, Wall Street futures rallie

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HSBC acquires British arm of stricken Silicon Valley Bank for…

Posted by March 13, 2023

Asked about HSBC's white-knight role, Hunt said the finance ministry's priority had been to avoid using British taxpayers' money. One pound is worth US$1.21. T

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Silvergate Throws In The Towel, Crypto Bank Will Wind Up…

Posted by March 8, 2023

Silvergate succumbs to crypto industry pressures after customers depart. SOPA Images/LightRocket via Getty Images Silvergate Capital it will wind down its busin

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Regulators Warn About Banking Crypto FinTech Companies

Posted by February 23, 2023

Banks are being cautioned if they are going to bank cryptocurrency Fintech customers the bank must ... [+] have a deep understanding of those customers. Federal

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