By Nate Raymond and Blake Brittain (Reuters) -A U.S. judge has ruled that an online library operated by the nonprofit organization Internet Archive infringed the copyrights of four major U.S. publishe[...]
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March 27, 2023
First Citizens agrees to buy collapsed Silicon Valley Bank
(Reuters) – First-Citizens Bank & Trust Co, a unit of First Citizens BancShares Inc, said it will acquire $110 billion in assets, $56 billion in deposits and $72 billion in loans of failed l[...]
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Take Five: And let there be calm
LONDON (Reuters) – At an incredible end to the first quarter for financial markets, rattled by bank turmoil, some stability will be much hoped for in coming days. But don’t bet on it. Regi[...]
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Split delays carbon accounting plan on banks’ capital market deals -sources
By Tommy Wilkes and Virginia Furness LONDON (Reuters) -Banks are divided over how to account for carbon emissions linked to their capital markets business, sources told Reuters, with some riled by a p[...]
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First Citizens Bank to buy SVB’s deposits, loans from FDIC
(Reuters) – First Citizens Bank & Trust Co will buy all of Silicon Valley Bank’s deposits and loans from the Federal Deposit Insurance Corporation (FDIC), the regulator said in a state[...]
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Marketmind: Banks are leaking money
A look at the day ahead in European and global markets from Wayne Cole It’s been a quiet Monday so far with Asian share markets mixed but U.S. and European stock futures higher, perhaps because[...]
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Analysis-US bank trading and deposits in focus after rollercoaster month
By Tatiana Bautzer and Nupur Anand New York (Reuters) – As U.S. banks prepare to close the books on a tumultuous quarter, analysts say trading revenue and deposits are among the key numbers to w[...]
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ANZ CEO: Banking turmoil has potential to trigger financial crisis
By Renju Jose SYDNEY (Reuters) -Australia and New Zealand Banking Group’s CEO said on Monday the latest turmoil in the global banking system had the potential to trigger a financial crisis thoug[...]
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China’s industrial profits slump deepens on soft demand, high costs
BEIJING (Reuters) -The slump in Chinese industrial firms’ profits deepened in the first two months of 2023, weighed by lacklustre demand and stubbornly high costs as the world’s second-lar[...]
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