Central banks keep hiking rates amid banking turmoil

Posted by March 23, 2023

March 23 (Reuters) - The Bank of England on Thursday followed the Federal Reserve and the Swiss National Bank in ploughing on with interest rates hikes, saying

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Fed in spotlight as US authorities focus on stability, First…

Posted by March 22, 2023

March 22 (Reuters) - U.S. authorities are set to explore ways to bolster financial stability, along with steps to tackle the problems facing First Republic Bank

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Credit Suisse rescue eases crisis fears, First Republic shares dive

Posted by March 20, 2023

March 20 (Reuters) - Shares of U.S. lender First Republic tumbled nearly 50% on Monday on fears it will need a second rescue to stay afloat, bucking a broader r

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Two major banks in Europe look to regulators for reassurance

Posted by March 19, 2023

LONDON, March 19 (Reuters) - At least two major banks in Europe are examining scenarios of contagion in the region's banking sector and are looking to the Feder

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Silicon Valley Bank is largest failure since 2008 crisis, billions…

Posted by March 10, 2023

California regulator closes SVB, appoints FDIC as receiverSVB focused on lending to start-ups; branches to reopen MondayFDIC to sell bank assets; 'chaos' report

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Regulators propose first global rules before ‘crypto winter’ thaw

Posted by October 11, 2022

LONDON, Oct 11 (Reuters) - Cryptoasset companies should set aside capital like banks when undertaking similar activities, regulators proposed on Tuesday in thei

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Australian regulator, govt team up over data sharing after Optus…

Posted by October 6, 2022

Oct 6 (Reuters) - Australian prudential regulator said on Thursday it will collaborate with the government and other regulatory bodies for "controlled process"

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Citigroup CEO says higher rates to moderate growth in U.S,,…

Posted by September 21, 2022

Citi CEO Jane Fraser speaks at the 2022 Milken Institute Global Conference in Beverly Hills, California, U.S., May 2, 2022. REUTERS/Mike Blake/File PhotoRegiste

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