Newmark Group Hired by FDIC to Sell Billions in Signature Bank Debt, Says Source
The Federal Deposit Insurance Corp (FDIC) has hired Newmark Group Inc to…
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Investors Concerned About Deutsche Bank's Fate Look to Gold as a Safe Haven
After Silicon Valley Bank became the second-largest bank of all time to…
UBS Predicts Fallout from U.S. Banks Will Exacerbate Margin Headwinds for Aussie Lenders
Australian banks are well-positioned to deal with the pressures emanating from the…
Australian February Inflation Slows to 8-Month Low, Reinforcing Case for Rate Pause
Australian inflation slowed to an eight-month low in February, due in part…
Kenya's Central Bank Raises Benchmark Rate to Five-Year High
Kenya’s central bank surprised financial markets by raising borrowing costs to…
Recession Fears Re-emerge as Banking Turmoil Continues
The failures of U.S. lenders Silicon Valley Bank (SVB) and Signature…
Sergio Ermotti appointed as new CEO of UBS to spearhead Credit Suisse turnaround
UBS is bringing back its former chief executive, Sergio Ermotti, to manage…
Top Nigerian Bank Allocates $267 Million in Response to Ghana's Debt Restructuring
Zenith Bank Plc, Nigeria’s biggest lender by market value, said it…
UBS's Kelleher Claims Credit Suisse Integration More Complex Than 2008 Crisis Deals
UBS Group AG Chairman Colm Kelleher said that the task of integrating…
Canada's Dividend Tax Change Aims to Collect Billions from Banks
Finance Minister Chrystia Freeland is planning to raise billions of dollars from…
World Bank predicts a lost decade ahead
Overlapping crises could lead to a sharp slowdown, the institution warns
Average…
China's industrial profits hampered by soft demand and elevated costs
As the world’s second-largest economy is still struggling to fully recover…