• Live Updates: Credit Suisse Grasps Lifeline to Stem Crisis

    12 days ago - By Up Worthy

    Here's the latest on the markets, Credit Suisse and the European Central Bank. Credit Suisse's stock jumped on Thursday, and markets rose across Europe, after the banking giant grabbed a lifeline from Swiss regulators, a desperate attempt to calm investors after days of turmoil in the banking... europeancentralbank creditsuisses switzerland frankfurt ecb usfederalreserve treasury janetlyellen janetyellen jasonandrew
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  • The search for Silicon Valley Bank-style portfolios

    12 days ago - By Up Worthy

    T of Silicon Valley Bank had many causes. But at its heart was the institution's bond portfolio, which plummeted in value as interest rates rose. Little surprise, then, that analysts and investors are scrambling to locate similar hoards elsewhere. One disconcerting finding lies in Japan... siliconvalleybank norinchukinbank 293bn japanpostbank siliconvalley norinchukinbanks bradsetser bankofjapan moneytalks
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  • Why Did Silicon Valley Bank Collapse?

    12 days ago - By Up Worthy

    The US Federal Reserve's decision to raise interest rates and dampen investors' appetite for risk led to Silicon Valley Bank's closure and takeover by authorities on Friday. A bank run was the primary factor in Silicon Valley Bank's demise. Before customers began to flee the company, the firm was... usfederalreserves siliconvalleybanks federalreserve taiwan siliconvalleybank ustreasury treasury svb generalatlantic huawei
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  • European Central Bank faces ‘unenviable choice' on interest rates due to banking woes

    12 days ago - By Up Worthy

    As recently as 24 hours ago, the European Central Bank was widely expected to hike interest rates by half a percentage point Thursday in its fight against inflation. But Wednesday's market turmoil could force a rethink. Banking stocks sold off sharply Wednesday, as concerns about the... europeancentralbank siliconvalleybanks switzerland ecb adamhoyes capitaleconomics hoyes christinelagarde carstenbrzeski ing
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