ECB’s Holzmann Expects More Rate Hikes To Fight Dogged Inflation
(Reuters) – Inflation in the euro zone is proving tougher to crack than expected and the European Central Bank will…
2023
Goldman Sachs Cuts Outlook For European Bank Debt Over Credit Suisse Crisis
LONDON (Reuters) – Goldman Sachs has cut its recommendation on exposure to European bank debt to neutral from overweight, saying…
Credit Suisse Weighs Survival Options, Under Pressure To Merge With UBS
By Stefania Spezzati, Oliver Hirt and Tom Sims (Reuters) – Credit Suisse Group AG began a make-or-break weekend after some…
Japan, Germany Agree To Carefully Monitor Markets, Coordinate As Needed
By Tetsushi Kajimoto TOKYO (Reuters) – Japan and Germany agreed on Saturday to coordinate closely on financial jitters stemming from…
China’s Central Bank Warns SVB Failure Shows Impact Of Rapid Global Rate Hikes- State Media
(Reuters) – A senior official at the People’s Bank of China said on Saturday the collapse of Silicon Valley Bank…
Credit Suisse Meets To Weigh Options, Under Pressure To Merge With UBS
By Stefania Spezzati and Oliver Hirt (Reuters) – Credit Suisse Group AG began a make-or-break weekend after some rivals grew…
China Cuts Reserve Ratio Given Domestic Pressures, Overseas Risks – State Media
SHANGHAI (Reuters) – China’s central bank made a “timely” move by pumping liquidity into the banking system to respond to…
Pacific Western Bank faced ‘elevated’ withdrawals after bank failures
(Reuters) – Pacific Western Bank, a unit of PacWest Bankcorp, said on Friday it had witnessed ‘elevated’ withdrawals following the…
Huawei Has Replaced Thousands Of U.S.-banned Parts In Its Products, Founder Says
By Stephen Nellis and Krystal Hu (Reuters) -Huawei Technologies Co Ltd has replaced more than 13,000 parts in its products…
Credit Suisse Faces Crucial Weekend With Its Future In Balance
By Stefania Spezzati and Oliver Hirt (Reuters) -Credit Suisse Group AG headed into a make-or-break weekend after some rivals grew…