Bank of England considers changes to regulation of foreign bank branches
By Huw Jones
LONDON (Reuters) -The Bank of England said on Monday it was thinking about possible changes to how it re… Read More
#shorts
In this video, we’ll take a look at how US Bank’s failures have hit Credit Suisse’s value hard.
Shares of Credit Suisse plummeted after it was revealed that the… Read More
Jitters in the US banking system in March 2023 spilt over into Europe causing a buy-out of one of Switzerland’s leading banks by its rival, UBS.
The collapse of Credit Suisse repres… Read More
As part of the emergency rescue buyout of its rival in March, Swiss banking company UBS wants to eliminate 35,000 employees at Credit Suisse, or more than half of its workforce, according… Read More
Treasury secretary attempts to reassure nervous investors that emergency measure succeeded and bank deposits ‘will be there’The treasury secretary, Janet Yellen, told Congress on… Read More
The move comes after higher interest rates have yielded record profits for banks as the cost of loans has soared.Published On 8 Aug 20238 Aug 2023Italy has dealt a surprise blow to its banks… Read More
Receive free European Central Bank updates
We’ll send you a myFT Daily Digest email rounding up the latest European Central Bank news every morning.
One of the leading candidates t… Read More
Jitters in the US banking system in March 2023 spilt over into Europe causing a buy-out of one of Switzerland's leading banks by its rival, UBS. The collapse of Credit Suisse represented a m… Read More
Hindsight is 20/20. If you were to analyze all the things you believed were true one, five, or ten years ago, you’d see how not all of them hold up anymore. Maybe you admired a celebri… Read More
By ForexTime
What an eventful first half it’s been.
Coming into 2023, no one would’ve expected a banking crisis on either side of the Atlantic (recall how SVB and Credit S… Read More
The Fed has now shed 20.5% of the Treasury securities it had purchased throughout pandemic QE.
By Wolf Richter for WOLF STREET.
The Fed’s whole belongings dropped by… Read More
Subscribe to Market Briefs for FREE and get daily investor updates:
✅ Check out my products:
1. Market Briefs – Get my free financial newsletter for investors:
2. Business Br… Read More
“Shares of Credit Suisse jumped Thursday after saying it would borrow up to $54 billion from Switzerland’s central bank, an emergency step intended to prop up investor confidenc… Read More
The logo of Credit Suisse Group in Davos, Switzerland, on Monday, Jan. 16, 2023.
Bloomberg | Bloomberg | Getty Images
Credit Suisse “seriously breached its supervisory obligat… Read More
législatives del 26 maggio 1985, Grec. (Foto di Alexis DUCLOS/Gamma-Rapho via Getty Images)Jama Ravu tramite Getty Images
Una volta mi è stata raccontata una storia da un… Read More
Picture supply: Getty Pictures
Shares in FTSE 100 financial institution NatWest (LSE: NWG) are 12% down on the yr. A lot of this, it appears to me, continues to be attributable to investo… Read More
Over the past few months, two major banks failed on either side of the Atlantic Ocean – Silicon Valley Bank (SVB) and Credit Suisse (CS). The two crises did not happen over a day or a… Read More
Picture supply: Getty Pictures
Earlier than at this time’s launch of the financial institution’s Q1 outcomes, HSBC (LSE: HSBA) shares had been down over 10% this yr. They&rsqu… Read More
By Harry Robertson
LONDON (Reuters) – Investors poured $367 billion into U.S. money market funds in March, according to data provider EPFR, as the collapse of Silicon Valley Bank cause… Read More