financial crisis

Image for How the 2023 banking crisis unfolded
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How the 2023 banking crisis unfolded

(Reuters) – Global banks are staring at the biggest crisis since 2008 after two U.S. lenders collaps...

24th March, 2023

Image for Dollar outshines euro, sterling amid European bank jitters
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Dollar outshines euro, sterling amid European bank jitters

By Hannah Lang WASHINGTON (Reuters) – The euro and sterling fell sharply against a strengthening dol...

24th March, 2023

Image for Swiss franc grapples with safe-haven identity crisis after Credit Suisse
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Swiss franc grapples with safe-haven identity crisis after Credit Suisse

By Samuel Indyk LONDON (Reuters) – The Swiss franc hasn’t lived up to its safe-haven reputation duri...

24th March, 2023

Image for StanChart CEO says AT1 bond wipeout has profound impact
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StanChart CEO says AT1 bond wipeout has profound impact

By Selena Li HONG KONG (Reuters) -Standard Chartered Chief Executive Bill Winters said on Friday Cre...

24th March, 2023

Image for Central banks keep hiking rates amid banking turmoil
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Central banks keep hiking rates amid banking turmoil

By David Milliken, John Revill and Aniruddha Ghosh (Reuters) – The Bank of England on Thursday follo...

23rd March, 2023

Image for Analysis-Credit Suisse collapse threatens Switzerland’s wealth management crown
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Analysis-Credit Suisse collapse threatens Switzerland’s wealth management crown

By John Revill ZURICH (Reuters) – The fall of Credit Suisse has dealt a serious blow to Switzerland’...

22nd March, 2023

Image for Banking turmoil will not have knock-on effect on commodities -Trafigura CFO
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Banking turmoil will not have knock-on effect on commodities -Trafigura CFO

By Julia Payne LAUSANNE, Switzerland (Reuters) -The recent rout in bank shares will not have a knock...

22nd March, 2023

Image for Jittery markets attempt risk-on rally while waiting for Powell
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Jittery markets attempt risk-on rally while waiting for Powell

A look at the day ahead in European and global markets from Ankur Banerjee With about 12 hours still...

22nd March, 2023

Image for Bank shares rise after Credit Suisse rescue eases crisis
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Bank shares rise after Credit Suisse rescue eases crisis

By Amanda Cooper and John Revill (Reuters) -U.S. banking stocks rose on Monday and Europe’s lenders...

20th March, 2023

Image for Greece to increase minimum wage again, before election
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Greece to increase minimum wage again, before election

ATHENS (Reuters) – The Greek government will raise the minimum wage next month, the third rise in mo...

17th March, 2023

Image for Oil rises on demand hopes as banking crisis fears subside
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Oil rises on demand hopes as banking crisis fears subside

By Florence Tan and Trixie Sher Li Yap SINGAPORE (Reuters) – Oil prices firmed on Friday after a mee...

17th March, 2023

Image for Credit Suisse $54 billion lifeline offers limited respite to global banks
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Credit Suisse $54 billion lifeline offers limited respite to global banks

By John Revill, Amanda Cooper and Tom Sims (Reuters) -Credit Suisse sought to shore up its liquidity...

16th March, 2023