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Failure to raise capital leads to downfall of Silicon Valley Bank
Banking

Failure to raise capital leads to downfall of Silicon Valley Bank

Silicon Valley Bank collapsed Friday morning after a stunning 48 hours in…
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Pete Sadler
Emerson Electric (EMR) Dips More Than Broader Markets: What You Should Know
News

Emerson Electric (EMR) Dips More Than Broader Markets: What You Should Know

Emerson Electric (EMR) closed at $82.17 in the latest trading session,…
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Pete Sadler
Moderna adding 2,000 new workers this year
News

Moderna adding 2,000 new workers this year

Moderna has revealed it will add to its workforce and its U.…
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Pete Sadler
Silicon Valley Bank collapse marks worst bank failure since Great Recession
Banking

Silicon Valley Bank collapse marks worst bank failure since Great Recession

The closure of Silicon Valley Bank (SVB) was announced by the (FDIC)…
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Pete Sadler
Market stunned as Silicon Valley Bank closed by regulators
Banking

Market stunned as Silicon Valley Bank closed by regulators

Well, that was over quickly! Just yesterday there was a lot of…
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Pete Sadler
Delay in Credit Suisse's annual report caused by unexpected SEC call

Delay in Credit Suisse's annual report caused by unexpected SEC call

Credit Suisse can’t catch a break. In the latest piece of…
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Pete Sadler
Sanctions take a heavy toll on Russia's largest bank, with profits plunging by 78%
Banking

Sanctions take a heavy toll on Russia's largest bank, with profits plunging by 78%

It’s getting exciting over in Russia… Russia’s dominant lender Sberbank…
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Pete Sadler
US investigation prompts Swedbank to make $3.7 million provision
Banking

US investigation prompts Swedbank to make $3.7 million provision

Swedbank will book a provision of 40 million Swedish crowns ($3.72…
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Pete Sadler
Analysis indicates investors fear the Fed may overdo tightening while awaiting key data
News

Analysis indicates investors fear the Fed may overdo tightening while awaiting key data

The Federal Reserve’s pledge to redouble its inflation-fighting efforts is…
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Pete Sadler
Senior Europe TMT bankers named in Bank of America's reshuffle, according to memo
Banking

Senior Europe TMT bankers named in Bank of America's reshuffle, according to memo

Bank of America (BAC.N) has made a handful of senior appointments…
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Pete Sadler
NAB, Westpac, ANZ and CommBank respond to Reserve Bank of Australia's cash rate hike, amplifying mortgage pain for Australians.
Banking

NAB, Westpac, ANZ and CommBank respond to Reserve Bank of Australia's cash rate hike, amplifying mortgage pain for Australians.

All four major banks have passed on the Reserve Bank of Australia’…
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Pete Sadler
Banks failure to pass on higher interest rates results in customers losing out on £23bn
Banking

Banks failure to pass on higher interest rates results in customers losing out on £23bn

Households are missing out on £23bn a year because banks are not…
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Pete Sadler
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