(Reuters) -U.S. private lender First Republic Bank is exploring strategic options including a sale, Bloomberg reported on Wednesday, citing people with knowledge of the matter. The troubled bank is we[...]
Read moreMarch 16, 2023
Oil slumps nearly 5% to lowest in more than a year as banking fears mount
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices plunged by nearly 5% on Wednesday to settle at the lowest levels in more than a year on concerns that a crisis of confidence in the banking sector co[...]
Read moreUS FDIC may need temporary guarantee for all bank deposits -ex chief Bair
By David Lawder WASHINGTON (Reuters) – The Federal Deposit Insurance Corp may need to seek temporary guarantees for all uninsured U.S. bank deposits to stem a drain of funds from small and regio[...]
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