BusinessEconomy US Treasury looks to strengthen financial stability; big focus on smaller banks The Cheap InvestorMarch 21, 2023March 21, 20230 By Andrea Shalal WASHINGTON (Reuters) -The U.S. Treasury is continuing to monitor the health of mid-sized and regional banks and…
BusinessEconomy Credit Suisse rescue eases crisis fears, First Republic shares dive The Cheap InvestorMarch 20, 2023March 20, 20230 By Noel Randewich, Medha Singh and Ankika Biswas (Reuters) – Shares of U.S. lender First Republic tumbled nearly 50% on…
CanadaEconomy Former Kingsdale executive Fein launches new proxy solicitation firm The Cheap InvestorMarch 20, 2023March 20, 20230 NEW YORK (Reuters) – A former top executive at proxy solicitor Kingsdale Advisors on Monday said he launched a new…
AsiaBusiness Credit Suisse rescue presents ‘buyer beware’ moment for bank bondholders The Cheap InvestorMarch 20, 2023March 20, 20230 By Tom Westbrook SINGAPORE (Reuters) – The rudest shock in the rushed deal to save embattled Swiss lender Credit Suisse…
BusinessEconomy Bridgewater, Millennium, and Marshall Wace in bearish bet on Europeans banks The Cheap InvestorMarch 16, 2023March 16, 20230 By Nell Mackenzie and Pablo Mayo Cerqueiro LONDON (Reuters) -Investment managers Bridgewater Associates, Millennium Management and Marshall Wace added to…
EconomyUS Column: Why Gen Xers and millennials should be following the U.S. Social Security debate The Cheap InvestorMarch 16, 2023March 16, 20230 (The opinions expressed here are those of the author, a columnist for Reuters.) By Mark Miller (Reuters) – Reforming Social…
AsiaBusiness Swiss central bank throws financial lifeline to Credit Suisse after shares pummelled The Cheap InvestorMarch 15, 2023March 15, 20230 By Noele Illien, John Revill and Tom Sims (Reuters) – Swiss regulators pledged a liquidity lifeline to Credit Suisse in…
BusinessEconomy U.S. consumer finance watchdog opens inquiry into data brokers The Cheap InvestorMarch 15, 2023March 15, 20230 By Hannah Lang (Reuters) – The U.S. consumer finance watchdog launched an inquiry on Wednesday to examine companies that track…
BusinessEconomy Hedge funds stand to lap up bearish profits from bank stock rout The Cheap InvestorMarch 13, 2023March 13, 20230 By Nell Mackenzie LONDON (Reuters) – Hedge funds ended last week positioned to scoop up winning profits from bearish positions…
AsiaAustralia Silicon Valley Bank is largest failure since 2008 crisis, billions stranded The Cheap InvestorMarch 11, 2023March 11, 20230 By David French, Echo Wang and Alun John (Reuters) – Startup-focused lender SVB Financial Group became the largest bank to…