Category Archives:
Analysis-US bank regulators may take wait-and-see approach before intervening again
By Pete Schroeder, Douglas Gillison and Hannah Lang WASHINGTON (Reuters) - U.S. regulators are likely to let emergency measures announced Sunday to shore up investor confidence in the banking sector s...
Mar 14, 2023
Analysis-SVB collapse unleashes Treasury volatility, whiplashing investors
By Carolina Mandl NEW YORK (Reuters) - Extreme volatility is rattling U.S. Treasury markets in the wake of Silicon Valley Bank's collapse and investors fear a prolonged bout of gyrations before calm r...
Mar 14, 2023
Analysis-Some U.S. banks facing stock rout may need to seek partners
By Nupur Anand, Tatiana Bautzer and David French NEW YORK (Reuters) - Some U.S. regional banks are under pressure after the collapse of two lenders within days, with industry executives and advisers s...
Mar 13, 2023
A new surprise for U.S. savers: Turn 529s into retirement money
By Chris Taylor NEW YORK (Reuters) - When financial planner Larry Pon started reading about the SECURE 2.0 Act that overhauls retirement saving, he was shocked at the provision about college funds. "H...
Mar 13, 2023
US expected to report strong consumer price increases in February
By Lucia Mutikani WASHINGTON (Reuters) - U.S. consumer prices likely rose at a solid pace in February amid sticky rental housing costs, but economists are divided on whether the data will be enough to...
Mar 13, 2023
EU converges on principles of new debt rules, no deal yet on details
By Jan Strupczewski BRUSSELS (Reuters) - European Union finance ministers are converging on broad principles of a reform of Europe's fiscal rules to make them fit better with post-pandemic economic re...
Mar 13, 2023
New Zealand’s economy likely contracted in Q4, tightening cycle at risk- Reuters poll
By Lucy Craymer WELLINGTON (Reuters) - New Zealand's economy may have contracted in the fourth quarter, three months ahead of a central bank forecast, a Reuters poll found, as the market questions whe...
Mar 13, 2023
Moody’s downgrades Signature Bank to junk, places six U.S. banks under review
(Reuters) - Ratings agency Moody's on Monday downgraded the debt ratings of collapsed New York-based Signature Bank deep into junk territory and placed the ratings of six other U.S. banks under review...
Mar 13, 2023
Further U.S. involvement in Ukraine is not vital national interest, says DeSantis
(Reuters) - Becoming "further entangled in a territorial dispute between Ukraine and Russia" is not a vital U.S. national interest, said Florida Governor Ron DeSantis, who is eying running for preside...
Mar 13, 2023
Silicon Valley Bank ‘conducting business as usual’, new CEO says
(Reuters) - Silicon Valley Bank's new boss Tim Mayopoulos on Monday told clients that the lender is open and conducting business as usual, according to a letter seen by Reuters. Earlier in the day, th...
Mar 13, 2023
Peoria, IL, USA
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