US intervenes to shore up SVB deposits, limit financial fallout
(Reuters) -The U.S. government announced actions to shore up deposits and stem any broader financial fallout from the sudden collapse […]
Exclusive-Seoul mayor calls for South Korean nuclear weapons to counter threat from North
By Hyonhee Shin SEOUL (Reuters) – South Korea should build nuclear weapons to bolster its defences against North Korea, even
Over a dozen Chinese-based firms say they have minimal exposure to SVB
HONG KONG (Reuters) -Over a dozen Hong Kong-listed companies have stepped forward to say they had little or no exposure
Exclusive-Malaysia’s Edotco, backers plan stake sales in hot telco towers market -sources
By Anshuman Daga and Yantoultra Ngui SINGAPORE (Reuters) -Asia-focussed telecoms tower firm Edotco Group, its Malaysian parent Axiata and a
Carl Icahn prepares for proxy fight at Illumina – WSJ
(Reuters) – Activist investor Carl Icahn is preparing a proxy fight at Illumina Inc, arguing that the life science maker’s
Exclusive-PNC, RBC interest in SVB cools as regulators seek rescue bids
(Reuters) -Interest from two early suitors for Silicon Valley Bank – PNC Financial Group Inc and Royal Bank of Canada –
First Republic secures new facility from JPMorgan
(Reuters) – U.S. private bank First Republic Bank said on Sunday it had secured additional financing through JPMorgan Chase &
Britain battles to limit SVB damage as would-be buyer for UK arm steps in
By Andrew MacAskill and Pablo Mayo Cerqueiro LONDON (Reuters) -A would-be buyer for the UK arm of failed U.S. lender
SVB collapse puts Fed’s faith in a strong, low-risk financial system to the test
By Howard Schneider WASHINGTON (Reuters) -Earlier this month the U.S. Federal Reserve in a report to Congress gave what has
Biden says will address banking crisis on Monday morning
NEW CASTLE, Delaware (Reuters) – U.S. President Joe Biden said on Sunday he would address the banking crisis Monday morning,