Silicon Valley Bank

The Silicon Valley Bank crisis showed how the perils of fractional banking can be compounded by social media. Barring extreme situations…
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NEW YORK: Investment tycoon Warren Buffett said Saturday (May 6) that messaging from the US government over the regional banking crisis…
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WASHINGTON: United States regulators said on Monday First Republic Bank has been seized and a deal agreed to sell the bank to JPMorgan…
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Oil demand has held up remarkably well despite many continuing to work from home post-COVID. Gasoline demand in the US rose by 1.7% last…
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US Bank branch, San Franciscogetty Regional banks in the U.S. have not recovered from March’s banking turmoil. This coming week stock…
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The country's largest IT services company TCS recently announced its fourth quarter results for the fiscal year 2023. Software major Tata…
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Tata Consultancy Services (TCS) and Infosys, the top two IT services firms, are slated to report March quarter earnings this…
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This previous weekend the Organization of Petroleum Exporting Countries (OPEC) announced further production cuts of a little over 1.1…
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WASHINGTON: The US bank crisis that rattled global markets last month is probably nearing the end, even if more unforeseen failures…
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Raghuram Rajan— the former International Monetary Fund chief economist who predicted the global financial crisis more than a decade ago…
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NEW YORK/WASHINGTON: The Federal Deposit Insurance Corporation (FDIC) has retained advisers to sell the securities portfolios that the…
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SINGAPORE: DBS has set up a special board committee to investigate the recent disruption to its digital services. DBS chairman Peter…
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NEW YORK: Wall Street stocks climbed Thursday as markets calmed after recent banking sector turmoil. The Dow Jones Industrial Average…
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CHENNAI: The crisis engulfing global banks in the US and Europe is likely to create additional stress on Indian IT industrythat is…
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Topline First Citizens Bank has agreed to acquire Silicon Valley Bank and assume control of all its deposits and loans, the company…
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A buyer for large chunks of Silicon Valley Bank's (SVB) deposits and loans helped cast an uneasy calm on Monday (Mar 27) over fragile…
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International Monetary Fund chief Kristalina Georgieva warned on Sunday that risks to financial stability had increased and stressed…
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NEW DELHI: The PSU bank chiefs informed finance minister Nirmala Sitharaman that they are vigilant of the developments in the global…
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NEW YORK: A late-afternoon turnaround on Wall Street left stocks higher Friday as the market shook off a weak start amid worries about…
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SINGAPORE: The successive collapse of three US banks and the takeover of 167-year-old banking institution Credit Suisse by its Swiss…
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