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Stock futures rally in Asia as U.S. acts on banks
By Wayne Cole SYDNEY (Reuters) - U.S. stock futures rallied in Asian trade on Monday as U.S. authorities announced plans to limit the fallout from the collapse of Silicon Valley Bank (SVB), though inv...
Mar 12, 2023
Regulators close New York’s Signature bank, say depositors will be made whole
By Hannah Lang (Reuters) -State regulators closed New York-based Signature Bank on Sunday, just two days after California authorities shuttered Silicon Valley Bank, in a collapse that roiled global ma...
Mar 12, 2023
Biden plans limits on oil drilling in Alaska, Arctic Circle – AP
(Reuters) - U.S. President Joe Biden will prevent or limit oil drilling in 13 million acres of Alaska and the Arctic Ocean, the Associated Press reported on Sunday, citing an administration official. ...
Mar 12, 2023
Silicon Valley Bank deposits to be available Monday – US officials
WASHINGTON (Reuters) - Silicon Valley Bank customers will have access to their deposits starting on Monday, U.S. officials said on Sunday. "Depositors will have access to all of their money starting M...
Mar 12, 2023
Canadian regulator takes control of Silicon Valley Bank’s Canadian branch
By Akriti Sharma and Nia Williams (Reuters) -A Canadian regulator on Sunday said it was taking temporary control of Silicon Valley Bank's Canadian branch, as the fallout from the collapsed U.S. startu...
Mar 12, 2023
Marketmind: Bank on some bumps
By Lewis Krauskopf (Reuters) - A look at the day ahead in Asian markets from Lewis Krauskopf. Monday could kick off a rocky week in financial markets. A banking blow-up in the U.S. is sparking fears o...
Mar 12, 2023
SVB collapse to test Fed’s faith in a strong, low-risk financial system
By Howard Schneider WASHINGTON (Reuters) - Earlier this month the U.S. Federal Reserve in a report to Congress gave what has become a standard reassurance: Banks were strong and the overall financial ...
Mar 12, 2023
World markets set for aftershocks as SVB collapse ripples out
By Dhara Ranasinghe LONDON (Reuters) - Markets were set for a bumpy ride this week as the fallout from collapsed startup-focused lender Silicon Valley Bank (SVB), the biggest U.S. bank failure since t...
Mar 12, 2023
Texas man sues 3 women for helping his ex-wife obtain abortion pills
By Gabriella Borter (Reuters) - A Texas man has filed a wrongful death lawsuit accusing three women of helping his ex-wife obtain abortion pills, in one of the first major legal challenges under a sta...
Mar 12, 2023
India’s Adani prepays $2.15 billion share-backed loans
(Reuters) - Adani Group said it had completed full prepayment of margin-linked share-backed financing worth $2.15 billion as part of its debt prepayment plan, before its deadline of March 31. The Gaut...
Mar 12, 2023
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