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By Hannah Lang WASHINGTON (Reuters) – The euro and sterling fell sharply against a strengthening dollar on Friday amid lingering nervousness over banks. Banking stocks plunged...
By David Milliken, John Revill and Aniruddha Ghosh (Reuters) – The Bank of England on Thursday followed the Federal Reserve and the Swiss National Bank in...
By John Revill ZURICH (Reuters) -The Swiss National Bank raised its benchmark interest rate by 50 basis points on Thursday and declared that measures to support...
By Koh Gui Qing NEW YORK (Reuters) – Global shares jumped on Tuesday after the rescue of Credit Suisse stemmed a rout in equities and whetted...
LONDON (Reuters) – Sterling rose against the dollar on Friday, after a series of lifelines for struggling banks helped restore some investor confidence, trouncing this week’s...
ZURICH (Reuters) – Swiss financial regulator FINMA on Monday said it was seeking to identify any potential contagion risks for the country’s banks and insurers following...
By Iain Withers LONDON (Reuters) -HSBC said on Monday it is acquiring the UK subsidiary of stricken Silicon Valley Bank for 1 pound, rescuing a key...
Tasha Chouhan, UK & IE Banking Director at Tink The cost of living crisis continues: the end of 2022 saw the average disposable income falling by...
By Rae Wee and Alun John SINGAPORE/LONDON (Reuters) – The dollar fell to an eight-month low against its peers on Thursday, as a gloomy U.S. corporate...
By Francesco Canepa and Lindsay Dunsmuir STOCKHOLM (Reuters) -Some of the world’s top central bankers aired concerns about being expected to tackle climate change as well...
By Iain Withers LONDON (Reuters) – Banks still need to improve their risk management and learn the lessons from various crises that rocked markets in 2022,...