Sri Lanka, Its Economy Reeling, Is Approved for $3 Billion Rescue Loan
Posted inBanking and Financial Institutions China Colombo (Sri Lanka) Credit and Debt Disasters and Emergencies Economic Conditions and Trends India International Monetary Fund Rajapaksa, Gotabaya Sri Lanka Strikes Wickremesinghe, Ranil

Sri Lanka, Its Economy Reeling, Is Approved for $3 Billion Rescue Loan

The nation, having weathered negotiations with Japan, India and China, hopes the emergency funds from the International Monetary Fund will see it through its debt crisis.
UBS and Other Bank Stocks Fall After Credit Suisse’s Firesale
Posted inBank of England Banking and Financial Institutions Barr, Michael Barr, Michael S Bear Stearns Cos Biden, Joseph R Jr Buffett, Warren E Credit Suisse Group AG Federal Reserve System Goldman Sachs Group Inc Holmes, Elizabeth (1984- ) House Financial Services Committee internal-storyline-no JPMorgan Chase & Company Kelleher, Colm Lankford, James Lehman Brothers Holdings Inc Morgan Stanley Quattrone, Frank P Signature Bank Silicon Valley Bank Standard & Poor's Corp UBS AG Warren, Elizabeth Washington Mutual Inc

UBS and Other Bank Stocks Fall After Credit Suisse’s Firesale

Investors are still spooked after UBS bought its Swiss peer, with confidence in the banking sector in short supply.