First Republic leads surge in bank stocks as Fed comes into focus
By David French, Nupur Anand and Lananh Nguyen (Reuters) – Shares of U.S. regional lenders including battered First Republic Bank…
March 21, 2023
Republican US Senator Doubles Down On Call For Tighter Fed Scrutiny
By David Morgan WASHINGTON (Reuters) – Republican U.S. Senator Rick Scott doubled down on his call to replace the Federal…
US Treasury looks to strengthen financial stability; big focus on smaller banks
By Andrea Shalal WASHINGTON (Reuters) -The U.S. Treasury is continuing to monitor the health of mid-sized and regional banks and…
Intel’s Head Of Graphic Chips Unit To Depart
By Stephen Nellis (Reuters) – Intel Corp’s Raja M. Koduri, an executive vice president who oversaw the company’s efforts to…
SVB Financial Group Accuses FDIC Of Cutting It Off From Cash
By Dietrich Knauth (Reuters) – SVB Financial Group said on Tuesday the U.S. Federal Deposit Insurance Corporation had taken “improper…
Bed, Bath & Beyond’s Stock Under $1, Snarling Additional Funding
By Caroline Valetkevitch and Lance Tupper NEW YORK (Reuters) – Shares of Bed Bath & Beyond Inc edged higher in…
Energy, Financial Stocks Push TSX Higher As Inflation Cools
By Johann M Cherian (Reuters) – Canada’s benchmark stock index extended gains for a second-straight session on Tuesday to its…
U.S. Seeks To Prevent China From Benefiting From $52 Billion Chips Funding
By David Shepardson WASHINGTON (Reuters) -The U.S. Commerce Department on Tuesday released proposed rules to prevent $52 billion in semiconductor…
Canada’s Annual Inflation Rate Eases More Than Expected In Feb
OTTAWA (Reuters) -Canada’s annual inflation rate cooled more than expected in February, as a drop in gas prices and softer…
Shares Rise After Credit Suisse Deal, But Bank ‘whack-a-mole’ Not Over
By Amanda Cooper and Tom Westbrook LONDON/SINGAPORE (Reuters) -Global shares rose on Tuesday, after the rescue of Credit Suisse arrested…