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Tag: Updated

Business, Economy, US
March 31, 2023

Trump-linked stocks gain on attracting retail traders’ attention

(Reuters) -Shares of companies tied to former U.S. President Donald Trump gained in early trading on Friday, drawing interest from retail investors after the ex-president […]

Business, Economy
March 30, 2023

Citigroup hires BofA Merrill’s head Andy Sieg to lead wealth unit

By Lananh Nguyen and Jaiveer Shekhawat (Reuters) -Citigroup Inc hired Andy Sieg to lead its global wealth arm, the lender said on Thursday, from Bank […]

Business, Economy, US
March 30, 2023

How a massive options trade by a JP Morgan fund can move markets

By Saqib Iqbal Ahmed (Reuters) -A nearly $15 billion JP Morgan fund is expected to reset its options positions on Friday, potentially adding to equity […]

Economy, Technology, US
March 28, 2023

Cryptoverse: Buoyant bitcoin’s losing its liquidity

By Medha Singh and Lisa Pauline Mattackal (Reuters) – Bullish bitcoin has been a surprise winner of the banking blowout. Yet investors aiming to amp […]

Asia, Economy, Europe, US
March 28, 2023

Don’t hold your breath – banking crises last years: McGeever

By Jamie McGeever ORLANDO, Florida (Reuters) -The most extraordinary outcome of the March banking shock would be if the problem dissipated quickly. Many people hope […]

Asia, Business, Economy, Europe, Middle East, UK
March 24, 2023

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 Swiss francs ($17.5 billion) of […]

Business, Economy, Technology, Top News, US
March 24, 2023

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, a day after the payments […]

Business, Economy, Europe
March 24, 2023

Swiss franc grapples with safe-haven identity crisis after Credit Suisse

By Samuel Indyk LONDON (Reuters) -The Swiss franc hasn’t lived up to its safe-haven reputation during the Credit Suisse collapse, as investors have sought shelter […]

Business, Economy, Europe, Top News, US
March 23, 2023

U.S. Fed delivers small rate hike amid global banking turmoil

By Howard Schneider, Yoruk Bahceli and Akriti Sharma (Reuters) -The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point, but […]

Business, Economy
March 22, 2023

First Republic shares fall as Yellen says not considering ‘blanket insurance’ on bank deposits

By Tatiana Bautzer and Chris Prentice NEW YORK (Reuters) – A “bull case” scenario for the shares of beleaguered First Republic Bank as it considers […]

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