Concerns about US commercial real estate risks on rise
The U.S. real estate sector has been under pressure by the Federal Reserve continuous interest rate increase,…
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Silicon Valley Bank (SVB)
Fed hikes interest rates 0.25 point amid global banking turmoil
The U.S. Federal Reserve (Fed) raised interest rates on Wednesday by a quarter percentage point for the ninth time…
New York Community Bank to buy Signature Bank
The Federal Deposit Insurance Corp. (FDIC) said late Sunday, that New York Community Bank has agreed to buy a…
U.S. banks borrow from Fed’s lending programme
U.S. banks are rushing to borrow from the lending programme of the Federal Reserve this week, as the banks have…
UBS acquires Credit Suisse for $3.25 billion
The Swiss National Bank announced on Sunday in a statement that UBS is taking over Credit Suisse for $3.25 billion.
ECB sticks to keep increasing its interest rates
The European Central Bank (ECB) is expected to continue increasing interest rates, as the 2008 financial crisis is…
First Citizens mulls to acquire Silicon Valley Bank
First Citizens BancShares Inc (FCNCA.O) is evaluating an offer for Silicon Valley Bank (SIVB.O), according…
JPMorgan, other U.S. banks flooded with clients post SVB crash
A huge number of customers have applied to shift accounts to large U.S. banks such as JPMorgan Chase &Co. and…
Signature Bank second casualty after SVB
State regulators closed Signature Bank on Sunday, New York-based bank, in the third largest failure in US banking…
U.S. weighs new fund as backup if more banks fail
The U.S. Federal Reserve and the Federal Deposit Insurance Corp are considering creating a fund to allow regulators…
