China Opposes U.S. Adding Chinese Firms To Trade Blacklist
(This March 3 story has been corrected to say that only one unit of BGI Genomics was added to the…
March 2023
Banks Sought Record Fed Liquidity In Wake Of SVB Collapse
By Michael S. Derby NEW YORK (Reuters) – Banks sought record amounts of emergency liquidity from the Federal Reserve over…
First Republic Bank Gets $30 Billion In Deposits From Big Banks
(Reuters) -First Republic Bank has received $30 billion in deposits from several big banks, the banks said in a statement…
Exclusive-Credit Suisse Says LCR Was Unchanged Between March 8 And March 14, Despite Crisis
By Selena Li and Elisa Martinuzzi (Reuters) – Credit Suisse Group AG’s average liquidity coverage ratio, a measure of how…
Exclusive-Credit Suisse Tells Staff SNB Facility Does Not Trigger A ‘viability’ Event
By Selena Li (Reuters) – Credit Suisse Group AG told staff on Thursday that the emergency backstop from the Swiss…
After SVB Collapse, Rating Agencies Back Banks To Cope With Rate Pressures
By Lawrence White and Marc Jones LONDON (Reuters) – Banks should largely be able to cope with “unrealised losses” on…
Bridgewater, Millennium, and Marshall Wace in bearish bet on Europeans banks
By Nell Mackenzie and Pablo Mayo Cerqueiro LONDON (Reuters) -Investment managers Bridgewater Associates, Millennium Management and Marshall Wace added to…
EU Announces Plans To Lead Green Industrial Revolution
By Philip Blenkinsop BRUSSELS (Reuters) -The European Commission presented the centrepieces of a strategy on Thursday to ensure its industry…
Column: Why Gen Xers and millennials should be following the U.S. Social Security debate
(The opinions expressed here are those of the author, a columnist for Reuters.) By Mark Miller (Reuters) – Reforming Social…
U.S. Single-family Housing Starts, Building Permits Rebound In February
WASHINGTON (Reuters) – U.S. single-family homebuilding and permits for future construction rebounded in February, offering hope that the housing market…