ECB zeroes in on struggling borrowers and forex as times get tougher
FRANKFURT The European Central Bank on Wednesday told banks to step up how they manage struggling borrowers and
2023-05-17 18:52
Virgin Orbit enters $17 million 'stalking horse' bid to sell aircraft assets
(Reuters) -Bankrupt satellite launch company Virgin Orbit said on Tuesday it entered into a "stalking horse" agreement with Stratolaunch to
2023-05-17 13:28
Commerzbank doubles quarterly profit, helped by higher interest rates
FRANKFURT Germany's Commerzbank said on Wednesday that net profit nearly doubled in the first quarter, a better-than-expected result
2023-05-17 13:26
Ex-First Republic CEO says regulators did not express concerns, blames contagion for bank's collapse
The former chief executive of the First Republic Bank Michael Roffler blamed contagion spread from the failures of
2023-05-17 12:22
Failed bank execs see blame everywhere, except in the mirror
More than two months after the collapse of Silicon Valley Bank and Signature Bank triggered a financial earthquake, three former executives spoke publicly for the first time in testimony before a Senate committee Tuesday.
2023-05-17 06:19
Vice Media gets court sign-off for bankruptcy loan
By Dietrich Knauth NEW YORK Vice Media received court permission on Tuesday to borrow $5 million to fund
2023-05-17 04:18
US bank regulators vow tougher rules, oversight after bank failures
By Pete Schroeder and Ann Saphir WASHINGTON (Reuters) -The Federal Reserve is eyeing stricter rules on banks over $100 billion
2023-05-17 00:16
Yellen to meet with Jamie Dimon and other bank CEOs on Thursday as debt ceiling crisis looms
With time running out to reach a deal on the debt ceiling, Treasury Secretary Janet Yellen plans to meet with bank CEOs on Thursday afternoon in Washington, sources tell CNN.
2023-05-17 00:15
US lawmakers blast former Silicon Valley Bank CEO for greed, mismanagement
NEW YORK U.S. lawmakers lambasted former banking executives from the collapsed Silicon Valley and Signature banks at the
2023-05-16 22:57
Capital One shares up after billionaire investor Buffett's near $1 billion bet on bank
Shares of Capital One Financial Corp rose in premarket trading on Tuesday after billionaire investor Warren Buffett's holding
2023-05-16 18:56
Analysis-Australian banks' bid to shake mortgage reliance brings new risks
By Byron Kaye SYDNEY Australia's big banks are pivoting to what analysts say could be a risky fight
2023-05-16 15:15
US banking regulators open to mergers, but vow tougher rules
By Pete Schroeder WASHINGTON (Reuters) -Top U.S. banking regulators plan to tell lawmakers the government will be open to future
2023-05-16 05:57