Featured US Fulton Financial’s shares up on purchase of failed bank deposits, assets Aya Anwar Apr 29, 2024 0 Fulton Financial saw a surge in its shares on Monday following its purchase of Republic First's deposits and assets…
Tech/AI Intel to establish $4.6bln new chip plant in Poland Nada Ali Jun 18, 2023 0 U.S. tech giant Intel announced on Friday its plans to invest up to $4.6 billion in a new semiconductor assembly…
Money JPMorgan Chase acquires First Republic Bank Norhan Adel May 1, 2023 0 JPMorgan Chase Bank has announced its acquisition over First Republic Bank from the Federal Deposit Insurance…
Real Estate Concerns about US commercial real estate risks on rise Yassmine Elbehnaihy Mar 26, 2023 0 The U.S. real estate sector has been under pressure by the Federal Reserve continuous interest rate increase,…
Banks U.S. banks borrow from Fed’s lending programme Sama Mousa Mar 20, 2023 0 U.S. banks are rushing to borrow from the lending programme of the Federal Reserve this week, as the banks have…
Banks First Citizens mulls to acquire Silicon Valley Bank Nada Ali Mar 19, 2023 0 First Citizens BancShares Inc (FCNCA.O) is evaluating an offer for Silicon Valley Bank (SIVB.O), according…
Money Silicon Valley Bank’s collapse disrupts tech sector Norhan Adel Mar 14, 2023 0 Tech sector suffered deep disruption caused by the demise of Silicon Valley Bank (SVB), the sector's most enabling…
Money JPMorgan, other U.S. banks flooded with clients post SVB crash Sama Mousa Mar 14, 2023 0 A huge number of customers have applied to shift accounts to large U.S. banks such as JPMorgan Chase &Co. and…
International News Oil prices drop amidst SVB crisis Yassmine Elbehnaihy Mar 14, 2023 0 Oil prices continues its decline, falling $1 on Tuesday, as the latest Silicon Valley Bank crisis caused turmoil in…
Banks Signature Bank second casualty after SVB Sama Mousa Mar 13, 2023 0 State regulators closed Signature Bank on Sunday, New York-based bank, in the third largest failure in US banking…