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March 11, 2023
China Chooses Continuity, Retaining Central Bank Chief, Finance Minister
(Corrects spelling of Lee Kuan Yew School paragraph 10) By Joe Cash BEIJING (Reuters) -China kept its central bank governor…
Explainer-How Kakao Won A Takeover Battle Against HYBE For K-pop Pioneer SM Entertainment
By Hyunsu Yim SEOUL (Reuters) – South Korean K-pop pioneer SM Entertainment Co Ltd is poised to fall under the…
US Weighs New Fund To Backstop Deposits If More Banks Fail, Bloomberg News Says
(Reuters) – The U.S. Federal Reserve and the Federal Deposit Insurance Corp are weighing the creation of a fund that…
Biden Speaks With California Governor About Silicon Valley Bank – White House
WASHINGTON (Reuters) – U.S. President Joe Biden spoke with California Governor Gavin Newsom on Saturday about the Silicon Valley Bank…
UK Finance Minister And Bank Of England Work To Contain SVB Fallout
LONDON (Reuters) -Britain’s finance ministry and the Bank of England are working to minimize the disruption that could arise from…
Hedge Funds Offering To Buy Startup Deposits Stuck At Silicon Valley Bank -Semafor
(Reuters) – Hedge funds are offering to buy the deposits of startups stranded at Silicon Valley Bank for as little…
Bank Of London Weighs Rescue Bid For Silicon Valley Bank’s UK Arm – Sky News
(Reuters) -British clearing bank The Bank of London is considering a rescue bid for the UK arm of collapsed U.S….
Union Says Lyondell Misled It About Possible Houston Refinery Buyers -letter
By Erwin Seba HOUSTON (Reuters) -The United Steelworkers union (USW) said in a letter to members it was misled by…
Union Says Lyondell Misled USW About Possible Houston Refinery Buyers -letter
By Erwin Seba HOUSTON (Reuters) -The United Steelworkers union (USW) said in a letter to members it was misled by…
Silicon Valley Bank is largest failure since 2008 crisis, billions stranded
By David French, Echo Wang and Alun John (Reuters) – Startup-focused lender SVB Financial Group became the largest bank to…
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