Tag: IT

  • Morning offer: Banks leak money

    A look at the day ahead at Wayne Cole’s European and global markets It’s been a quiet Monday so far with mixed Asian stock markets, but US and European stock futures higher, perhaps because they made it through a weekend without another bank failure. There is some relief that First Citizens BancShares Inc (FCNCA.O) is […]

  • ECB interest rate hike expected after Switzerland supports Credit Suisse

    Stocks rise as Switzerland provides Credit Suisse with lifeline Bond yields are rising, ECB expected rate hikes of as much as 50 basis points Oil climbs from 15-month low Graphic: World FX Rates LONDON, March 16 (Reuters) – European markets rallied on Thursday, as a 50 billion Swiss franc ($53.94 billion) lifeline for beleaguered lender […]

  • SVB is the largest bank failure since the 2008 financial crisis

    California regulator closes SVB, appoints FDIC as trustee SVB focused on lending to start-ups; branches open again on Monday FDIC to Sell Bank Assets; ‘chaos’ reported amid shooting Bank stocks fall in US, Europe, but well from lows Crisis exposes banks’ ‘vulnerabilities’ amid rising interest rates March 10 (Reuters) – Startup-focused lender SVB Financial Group […]

  • Morning Offer: Market Hopeful Awaits Powell Testimony

    A look at the day ahead at European and global markets from Ankur Banerjee Investors found themselves craving risky assets at the start of a pivotal week, shrugging off disappointment that China has set a modest target for economic growth this year, with European equities set to carry the momentum. After its best weekly performance […]

  • Morning Bid: It’s all about inflation

    A look at the day ahead at Anshuman Daga’s European and global markets Markets are looking at inflation again. Just as global economic growth eases and labor markets remain tight, price trends have become the main focus for investors. A slew of strong economic data from the US has bolstered the view that interest rates […]

  • Exclusive: US Sanctions Authority Investigates Raiffeisen on Russia

    FRANKFURT/VIENNA, Feb. 17 (Reuters) – The United States sanctions authority has launched an investigation into Raiffeisen Bank International (RBIV.VI) over its activities related to Russia, leading the Austrian lender, which plays a crucial role in the Russian economy. In response to questions from Reuters, the bank said it received a request in January from the […]