Bank CEOs huddle with Schumer on the debt ceiling
Senate Majority Leader Chuck Schumer urged JPMorgan Chase CEO Jamie Dimon and other leading bank executives during a meeting on Wednesday to push all members of Congress to take the threat of a disastrous default off the table, a person familiar with the matter told CNN.
2023-05-18 01:50
CDS Panel Says Credit Suisse AT1 Wipeout Won’t Prompt Payout
A panel tasked with overseeing the credit default swaps market said that the write down of Credit Suisse
2023-05-18 00:52
Treasury's Plunging Cash Pile Raises Risk of Early June X-Date
A faster-than-expected decline in the US Treasury Department’s cash balance is leading market participants to question whether the
2023-05-18 00:51
Biden ‘Confident’ on Reaching Debt Deal as GOP Bashes Japan Trip
President Joe Biden expressed confidence that negotiators would reach an agreement to avoid a catastrophic default, even as
2023-05-18 00:29
Global debt on the rise, EM crosses $100 trillion mark - IIF
By Rodrigo Campos NEW YORK A measure of debt across the globe rose in the first quarter to
2023-05-17 23:18
Ukraine Grain Export Deal Extended for Two Months, Erdogan Says
A deal allowing Ukraine to export crops from key ports via the Black Sea will be extended by
2023-05-17 22:57
US debt ceiling: New negotiators aim to break deadlock
President Joe Biden has cut short a foreign trip as both sides race to strike a deal before 1 June.
2023-05-17 22:50
India Launches $2 Billion Drive to Woo Laptop Makers Like Apple
India is unveiling a 170 billion-rupee ($2.1 billion) financial incentive plan to draw makers of laptops, tablets and
2023-05-17 22:29
Analysis-Overexposed US regional banks could sell commercial property loans
By Matt Tracy Many U.S. regional lenders may have to consider selling off commercial real estate (CRE) loans
2023-05-17 21:58
Turkey’s Lira Defense Moves Into Full Swing Before Runoff Ballot
Turkey’s central bank is moving in full force to defend the lira ahead of the runoff presidential election
2023-05-17 21:30
Broadcom Makes Antitrust Offer to EU in VMware Merger Probe
Broadcom Inc. offered antitrust commitments to the European Commission in an effort to allay concerns over its proposed
2023-05-17 19:20
Deutsche Bank investors ask if profits sustainable, question strategy
By Tom Sims FRANKFURT (Reuters) -Deutsche Bank investors on Wednesday questioned the sustainability of the lender's growth plans and called
2023-05-17 19:17