By Selena Li and Elisa Martinuzzi (Reuters) -Credit Suisse Group AG’s average liquidity coverage ratio, a measure of how much cash-like assets the bank has, did not change between March 8 and Ma[...]
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March 16, 2023
Dollar slips after ECB rate decision, Fed hike seen
By Herbert Lash and Alun John NEW YORK/LONDON (Reuters) -The dollar fell and the euro rose on Thursday after the European Central Bank raised interest rates as planned despite market chaos in recent d[...]
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DBRS Morningstar cuts Credit Suisse credit rating to ‘BBB’
(Reuters) – DBRS Morningstar became the first global rating agency to cut Credit Suisse’s credit score on Thursday, less than a day after a major share price plunge saw Switzerland’s central ban[...]
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ECB sets the template for rate hikes in a time of instability
By Howard Schneider WASHINGTON (Reuters) – After a week of tension in financial markets the European Central Bank became the first mover in a global test of how concerns about a potential bankin[...]
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First Republic receives $30 billion in deposits from big banks
(Reuters) – First Republic Bank has received $30 billion in deposits from several big banks including JPMorgan Chase & Co, Citigroup Inc and Morgan Stanley, the banks said in a statement on[...]
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Oil snaps declining streak as Saudi, Russia meeting calms markets
By Shariq Khan BENGALURU (Reuters) -Oil prices settled 1% higher on Thursday, ending a three-session losing streak, after reports that Saudi Arabia and Russia met to discuss ways to enhance market sta[...]
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Analysis-Investors stick to bets on early end to ECB hikes as uncertainty grows
By Yoruk Bahceli and Naomi Rovnick AMSTERDAM (Reuters) – Investors held tight to bets that banking jitters would rein in the ECB’s ability to jack up borrowing costs again in the months ah[...]
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US CFTC to give pass over certain swap reporting failures tied to SVB, Signature Bank contracts
WASHINGTON (Reuters) – The U.S. Commodity Futures Trading Commission on Wednesday said it would give a pass to firms that cannot meet certain swap reporting requirements following the recent fai[...]
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FTX transferred $2.2 billion to Bankman-Fried via related entities, new managers say
(Reuters) – Bankrupt cryptocurrency exchange FTX made transfers of about $2.2 billion to company founder Sam Bankman-Fried through related entities, the company’s new management said. Over[...]
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