By Pete Schroeder, Chris Prentice and Nupur Anand (Reuters) – Large U.S. banks injected $30 billion in deposits into First Republic Bank on Thursday, swooping in to rescue the lender caught up i[...]
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March 16, 2023
Marketmind: This is what a relief rally looks like
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Market sentiment can be pretty gloomy in a financial crisis. So when national authorities offer, appro[...]
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DoubleLine’s Gundlach sees US recession within four months
NEW YORK (Reuters) – Jeffrey Gundlach, the chief executive of DoubleLine Capital, said a recession could happen within the next four months, as recent U.S. bank failures have exacerbated the tig[...]
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Global shares gain as banking sector lifelines bolster confidence
By Chris Prentice and Marc Jones NEW YORK/LONDON (Reuters) – Global equities rose on Thursday on news that a large group of banks were infusing cash into U.S. lender First Republic Bank and as a[...]
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Fed seen delivering quarter-point rate hike next week
By Ann Saphir and Lindsay Dunsmuir (Reuters) -With the bulk of relevant economic data now in hand ahead of their policy meeting next week, U.S. central bankers are seen pressing on with their inflatio[...]
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ECB sets rate hike template as Fed opens liquidity tap
By Howard Schneider WASHINGTON (Reuters) – Global central bankers on Thursday rolled out what appears to be an emerging effort to firewall the rate increases needed to fight inflation from separ[...]
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US regulators say deposits into First Republic Bank show system’s resilience
WASHINGTON (Reuters) – Federal regulators and the Treasury Department on Thursday welcomed a decision by 11 larger banks to deposit $30 billion into regional bank First Republic Bank and said it[...]
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Banking worries send US markets on dizzying ride
By Lewis Krauskopf NEW YORK (Reuters) – Tumult in the banking system has roiled investors over the past week, sending Treasury yields into a tailspin, slamming U.S. bank stocks and exacerbating[...]
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Exclusive-Credit Suisse says key liquidity measure did not change the week SVB fell
By Selena Li and Elisa Martinuzzi (Reuters) -Credit Suisse Group AG’s average liquidity coverage ratio, a measure of how much cash-like assets the bank has, did not change between March 8 and Ma[...]
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