Category: Economy
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SVB’s lightning collapse stuns banking industry
© Reuters. FILE PHOTO: A sign for Silicon Valley Bank (SVB) headquarters is seen in Santa Clara, California, U.S. March...
Silicon Valley Bank is largest failure since 2008 crisis, billions stranded
© Reuters. FILE PHOTO: SVB (Silicon Valley Bank) logo is seen through broken glass in this illustration taken March 10,...
SVB Collapse: Roku Had $487 Million In Cash At Failed Bank, Rocket Lab, Roblox Also Affected
Several companies disclosed late Friday evening the amount of cash they had no deposit at failed Silicon Valley Bank...
Exclusive-China promises Sri Lanka deal on debt treatment in coming months -letter
2/2 © Reuters. FILE PHOTO: Sri Lankan rupees are seen in a bowl at a vegetable vendor's shop amid the...
Bank of Canada seen leaving rates unchanged as growth stalls
2/2 © Reuters. FILE PHOTO: Bank of Canada Governor Tiff Macklem holds a news conference at the Bank of Canada,...
China confident of achieving 2023 economic growth target: state planner
© Reuters. FILE PHOTO: People shop ahead of the Chinese Lunar New Year at an outdoor market in Beijing, China...
BofA, Citigroup trim investing banking headcount in Asia -sources
© Reuters. FILE PHOTO: A Bank of America logo is pictured in the Manhattan borough of New York City, New...
SoftBank’s Arm rebuffs London by choosing U.S. listing
© Reuters. FILE PHOTO: The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan,...
Argentina inflation seen speeding in 2023, central bank poll shows
© Reuters. FILE PHOTO: The facade of Argentina's Central Bank is pictured in the financial district of Buenos Aires, Argentina...
Crypto Bank Silvergate Is in Deep Trouble And Crashes on Wall Street
The Californian firm is in great difficulty. Most of its crypto clients have left, after it announced that it had...
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