San Francisco Fed President Mary Daly’s district oversaw the second-largest bank failure in U.S. history.
Schlagwort-Archiv: Markets
It’s the U.S., not Europe’s banking system that’s a concern, top economists say
Europe learned its lessons after the financial crisis and is now in a strong position to weather further stress in its banking system, several economists and policymakers say.
Investors believe the stock market is set for losses, and cash is best safe haven, CNBC survey shows
We polled about 400 chief investment officers, equity strategists and portfolio managers about where they stood on the markets.
Stocks making the biggest moves premarket: Bed Bath & Beyond, Nikola, Virgin Orbit and more
These are the stocks posting the largest moves before the bell.
‚Nationalizing bond markets‘ left central banks unprepared for inflation, top HSBC economist says
The prolonged period of loose monetary policy after the global financial crisis equated to central banks „nationalizing bond markets,“ according to HSBC Senior Economic Adviser Stephen King.
China’s banking troubles are not the same as Silicon Valley Bank, economist says
China’s small banks‘ problems reflect local issues, but do not pose systemic risks, said Zhu Min of the China Center for International Economic Exchanges.
Huawei reports biggest profit decline ever as U.S. sanctions, pandemic controls hit Chinese giant
Huawei has sought to diversify into new areas including cloud computing and automotive after a rough few years in which U.S. sanctions have hit the company.
Stocks making the biggest premarket moves: RH, Charles Schwab, Walmart and more
These are the stocks posting the largest moves in the premarket.
China’s Premier Li Qiang seeks to rally Asia behind Beijing
Chinese Premier Li Qiang’s speech of about 25 minutes at the Boao Forum for Asia did not delve into China’s heightened tensions with the U.S.
Singapore’s banking authority says DBS outage was ‚unacceptable‘
Shares of Southeast Asia’s largest bank DBS Group were down 1.4% on Thursday, a day after a 10-hour outage of its digital services.