financial crisis

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Image for Analysis-Credit Suisse collapse threatens Switzerland’s wealth management crown
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Analysis-Credit Suisse collapse threatens Switzerland’s wealth management crown

By John Revill ZURICH (Reuters) – The fall of Credit Suisse has dealt a serious blow to Switzerland’...

22nd March, 2023

Image for Banking turmoil will not have knock-on effect on commodities -Trafigura CFO
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Banking turmoil will not have knock-on effect on commodities -Trafigura CFO

By Julia Payne LAUSANNE, Switzerland (Reuters) -The recent rout in bank shares will not have a knock...

22nd March, 2023

Image for Jittery markets attempt risk-on rally while waiting for Powell
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Jittery markets attempt risk-on rally while waiting for Powell

A look at the day ahead in European and global markets from Ankur Banerjee With about 12 hours still...

22nd March, 2023

Image for Bank shares rise after Credit Suisse rescue eases crisis
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Bank shares rise after Credit Suisse rescue eases crisis

By Amanda Cooper and John Revill (Reuters) -U.S. banking stocks rose on Monday and Europe’s lenders...

20th March, 2023

Image for Greece to increase minimum wage again, before election
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Greece to increase minimum wage again, before election

ATHENS (Reuters) – The Greek government will raise the minimum wage next month, the third rise in mo...

17th March, 2023

Image for Oil rises on demand hopes as banking crisis fears subside
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Oil rises on demand hopes as banking crisis fears subside

By Florence Tan and Trixie Sher Li Yap SINGAPORE (Reuters) – Oil prices firmed on Friday after a mee...

17th March, 2023

Image for Credit Suisse $54 billion lifeline offers limited respite to global banks
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Credit Suisse $54 billion lifeline offers limited respite to global banks

By John Revill, Amanda Cooper and Tom Sims (Reuters) -Credit Suisse sought to shore up its liquidity...

16th March, 2023

Image for Big ECB hike adds fuel to the banking sector fire
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Big ECB hike adds fuel to the banking sector fire

By Joice Alves LONDON (Reuters) – Euro zone bank shares hit a ten-week low on Thursday after the Eur...

16th March, 2023

Image for Explainer-Credit Suisse: How did it get to crisis point?
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Explainer-Credit Suisse: How did it get to crisis point?

By Anshuman Daga (Reuters) – Credit Suisse said on Thursday it would borrow up to $54 billion from t...

16th March, 2023

Image for Oil prices rebound after OPEC upgrades China demand outlook
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Oil prices rebound after OPEC upgrades China demand outlook

By Yuka Obayashi and Florence Tan TOKYO (Reuters) – Oil prices rebounded more than 1% on Wednesday,...

15th March, 2023

Image for KPMG stands by audits of Silicon Valley Bank and Signature Bank – FT
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KPMG stands by audits of Silicon Valley Bank and Signature Bank – FT

(Reuters) – KPMG’s U.S. boss, Paul Knopp, said the accounting firm stood behind its audits of Silico...

15th March, 2023

Image for Meta to cut 10,000 jobs in second round of layoffs
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Meta to cut 10,000 jobs in second round of layoffs

By Katie Paul and Nivedita Balu (Reuters) -Facebook-parent Meta Platforms said on Tuesday it would c...

14th March, 2023