Tag: Economy

Americans have withdrawn nearly $120 billion in deposits from U.S. small banks in the week marked by the collapse of Silicon Valley Bank…

© Reuters. FILE PHOTO: The Federal Reserve building is pictured in Washington, U.S., on March 19, 2019. REUTERS/Leah Millis/File Photo   US500 +0.56% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date:   Amount: Price Point Value: Leverage: 1:1 1:10 1:25 1:50…

Regional lenders are crucial for U.S. economic growth and markets want Fed support before the bank crisis triggers a near-term recession…

Wood suggests regional banks may be headed toward slow-moving solvency trouble…

© Reuters. FILE PHOTO: A logo of Bangko Sentral ng Pilipinas (Central Bank of the Philippines) is seen at their main building in Manila, Philippines March 23, 2016. REUTERS/Romeo Ranoco MANILA (Reuters) – The Philippines central bank raised its benchmark interest rate by 25 basis points to 6.25% on Thursday. The move, which was predicted…

© Reuters. FILE PHOTO: Pedestrians walk near the main entrance to the Reserve Bank of New Zealand located in central Wellington, New Zealand, July 3, 2017. REUTERS/David Gray/File Photo By Lucy Craymer and Wayne Cole WELLINGTON (Reuters) -A top New Zealand central banker on Thursday said interest rates were clearly in contractionary territory and causing…

The FDIC seized $2 billion from Silicon Valley Bank’s former parent company, SVB Financial who may be on the hook for the bank’s collapse…

5/5 © Reuters. A general view of a main market is seen, after The International Monetary Fund’s executive board approved a $3 billion, in Colombo, Sri Lanka March 21, 2023. REUTERS/Dinuka Liyanawatte 2/5   MCO -0.95% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type:…

2/2 © Reuters. A vendor counts his cash at his stall at a main market, after the International Monetary Fund’s executive board approved a $3 billion bailout, in Colombo, Sri Lanka March 21, 2023. REUTERS/Dinuka Liyanawatte REFILE-QUALITY REPEAT 2/2 (Reuters) – The International Monetary Fund (IMF) has approved a nearly $3 billion bailout for Sri…

Do we want to risk moral hazard or risk the collapse of our banking system…