Category Archives:
ECB’s Wunsch does not see repeat of 2008 financial crisis
BRUSSELS (Reuters) - ECB Governing Council member Pierre Wunsch does not expect a repeat of the 2008 financial crisis despite turbulence caused by the collapse of Silicon Valley Bank, arguing European...
Mar 18, 2023
What happens when your AI chatbot stops loving you back?
By Anna Tong SAN FRANCISCO (Reuters) - After temporarily closing his leathermaking business during the pandemic, Travis Butterworth found himself lonely and bored at home. The 47-year-old turned to Re...
Mar 18, 2023
BlackRock says not participating in any Credit Suisse takeover plan
(Reuters) - BlackRock said on Saturday it had no plans or interest in acquiring embattled Swiss lender Credit Suisse, a spokesperson for the U.S. asset manager told Reuters. "BlackRock is not particip...
Mar 18, 2023
BlackRock says not participating in any plans to acquire Credit Suisse
LONDON (Reuters) - BlackRock said on Saturday it had no plans or interest to acquire embattled Swiss lender Credit Suisse, a spokesperson for the U.S. asset manager said. "BlackRock is not participati...
Mar 18, 2023
Japan, Germany agree to carefully monitor markets, coordinate as needed
By Tetsushi Kajimoto TOKYO (Reuters) - Japan and Germany agreed on Saturday to coordinate closely on financial jitters stemming from problems among Western banks while carefully monitoring global mark...
Mar 18, 2023
How Credit Suisse has evolved over 167 years
ZURICH (Reuters) - Following is a timeline outlining the 167-year history of Credit Suisse Group, the Zurich-based bank that is in the middle of a restructuring to rebuild after a string of scandals, ...
Mar 18, 2023
China’s central bank warns SVB failure shows impact of rapid global rate hikes- state media
(Reuters) - A senior official at the People's Bank of China said on Saturday the collapse of Silicon Valley Bank (SVB) showed how rapid monetary policy shifts were having spillover effects, state-owne...
Mar 18, 2023
Credit Suisse meets to weigh options, under pressure to merge with UBS
By Stefania Spezzati and Oliver Hirt (Reuters) - Credit Suisse Group AG began a make-or-break weekend after some rivals grew cautious in their dealings with the bank as regulators urged it to pursue a...
Mar 18, 2023
Beijing may allow foreign financial firms to list in China – ex-finance minister
SHANGHAI (Reuters) - China will encourage foreign capital to participate in its financial markets and may allow foreign-funded financial institutions to go public in the country when "conditions are r...
Mar 18, 2023
Wyoming governor signs law outlawing use of abortion pills
(Reuters) -Wyoming Governor Mark Gordon on Friday signed into law a bill outlawing the use of abortion pills that was approved by state legislators earlier this month. Gordon, a Republican, signed the...
Mar 17, 2023
Peoria, IL, USA
49 °F Partly cloudy
