LONDON/NEW YORK (Reuters) -UBS sealed a deal to buy rival Swiss bank Credit Suisse in an effort to avoid further market-shaking turmoil in global banking, Swiss authorities said on Sunday. Meanwhile,[...]
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March 20, 2023
U.S. sees deposits stabilizing as some regional banks reel
By David Lawder, David French and Lananh Nguyen WASHINGTON/NEW YORK (Reuters) – A U.S. official said on Sunday that the deposit outflows that left many regional banks reeling in the wake of Sili[...]
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Alliance Aviation says Australian regulator delays Qantas deal review again
(Reuters) -Australia’s Alliance Aviation Services Ltd said on Monday the country’s competition regulator has delayed a review until April 20 of the proposed acquisition of the charter oper[...]
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New York Community Bancorp unit to buy Signature Bank assets – FDIC
By Pete Schroeder WASHINGTON (Reuters) -A subsidiary of New York Community Bancorp has entered into an agreement with U.S. regulators to buy deposits and loans from New York-based Signature Bank, whic[...]
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US House Speaker McCarthy says he told Biden lack of debt talks jeopardizes economy
By David Morgan WASHINGTON (Reuters) – U.S. House Speaker Kevin McCarthy said on Sunday that he confronted President Joe Biden about a lack of negotiations on the $31.4 trillion U.S. debt ceilin[...]
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World markets set for relief after Credit Suisse buyout, central banks action
By Dhara Ranasinghe, Amanda Cooper and Davide Barbuscia LONDON (Reuters) – Financial markets were poised for relief on Monday after UBS Group AG agreed to buy Credit Suisse Group AG in a rescue[...]
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Global central banks open daily dollar taps to help banks
By Francesco Canepa and Howard Schneider FRANKFURT/WASHINGTON (Reuters) – Top central banks, faced with the risk of a fast-moving loss of confidence in the stability of the financial system, mov[...]
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