Category: Economy
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US regulator cites ‘terrible’ risk management for Silicon Valley Bank failure
© Reuters. FILE PHOTO: An employee holds the door open at the Silicon Valley Bank branch office in downtown San...
World Bank warns of ‘lost decade’ in global growth without bold policy shifts
© Reuters. FILE PHOTO: People look on near cranes standing at a construction site in Beijing, China January 12, 2023....
Banking Crisis: Small Banks Hit by Massive Cash Withdrawals
Americans have withdrawn nearly $120 billion in deposits from U.S. small banks in the week marked by the collapse of...
Analysis-Banking woes, Fed keep investors on edge in nervous U.S. stock market
© Reuters. FILE PHOTO: The Federal Reserve building is pictured in Washington, U.S., on March 19, 2019. REUTERS/Leah Millis/File Photo...
Markets Tell Fed to Cut Rates Before Bank Crisis Triggers U.S. Recession
Regional lenders are crucial for U.S. economic growth and markets want Fed support before the bank crisis triggers a near-term...
Cathie Wood Explains Why Crypto is Gaining During Bank Crisis
Wood suggests regional banks may be headed toward slow-moving solvency trouble...
Philippines central bank raises interest rates by 25 bps
© Reuters. FILE PHOTO: A logo of Bangko Sentral ng Pilipinas (Central Bank of the Philippines) is seen at their...
New Zealand central bank says economy slowing, still not sure if rates high enough
© Reuters. FILE PHOTO: Pedestrians walk near the main entrance to the Reserve Bank of New Zealand located in central...
SVB Collapse: FDIC Removed $2 Billion Cash From Parent Company
The FDIC seized $2 billion from Silicon Valley Bank's former parent company, SVB Financial who may be on the hook...
Debt-stricken Sri Lanka to get first tranche of IMF bailout funds in two days
5/5 © Reuters. A general view of a main market is seen, after The International Monetary Fund's executive board approved...
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