SF Fed Bank’s Daly Not Responsible For SVB Failure -former SF Fed Chair
By Ann Saphir (Reuters) – Responsibility for the Federal Reserve’s oversight of large financial institutions like the failed Silicon Valley…
2023
US Judge Dismisses Ex-Barclays Trader’s Whistleblower Lawsuit
By Jonathan Stempel NEW YORK (Reuters) -A U.S. judge on Friday dismissed a former Barclays Plc trader’s whistleblower lawsuit accusing…
Bank of America to redeploy wealth management, banking employees – source
(Reuters) – Bank of America Corp is redeploying employees in wealth management and lending to other roles within the company,…
Dollar Outshines Euro, Sterling Amid European Bank Jitters
By Hannah Lang WASHINGTON (Reuters) – The euro and sterling fell sharply against a strengthening dollar on Friday amid lingering…
Analysis-Small U.S. Banks Imperiled By Big Office Loans
By Saeed Azhar and Matt Tracy NEW YORK (Reuters) – Small U.S. lenders that have outsized exposure to office loans…
Explainer-Why markets are in uproar over a risky bank bond known as AT1
LONDON (Reuters) – Financial markets have been thrown a fresh curve ball by the decision to write down 16 billion…
Block shares extend losses as Hindenburg report weighs
By Manya Saini (Reuters) – Shares of Twitter co-founder Jack Dorsey’s Block Inc fell 3% in afternoon trading on Friday,…
Yellen Chairs Closed US Financial Stability Oversight Council Meeting
By David Lawder WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen will chair a closed meeting of the Financial Stability…
Global Banks Face Renewed Selling Pressure
LONDON/NEW YORK (Reuters) – Banking stocks fell sharply again on Friday, with European giants Deutsche Bank and UBS knocked by…
Short sellers make $100 million betting against Deutsche Bank in two weeks-Ortex
LONDON (Reuters) – Short sellers have made a profit of over $100 million on paper betting against Deutsche Bank stock…