Posted inBanking and Financial Institutions Federal Deposit Insurance Corp Silicon Valley Bank First Citizens to Acquire Silicon Valley Bank The Federal Deposit Insurance Corporation, which announced the deal late Sunday, had been looking for a buyer since seizing control of the bank. Posted by By Lauren Hirsch
Posted inBanking and Financial Institutions Credit Suisse Group AG Deutsche Bank AG Europe European Central Bank Eurozone Inflation (Economics) Interest Rates Regulation and Deregulation of Industry Silicon Valley Bank Stocks and Bonds UBS AG As Banking Worries Swirl, Europe’s Policymakers Express Confidence, With Caution Officials say eurozone lenders are strictly supervised and continue to be strong. But at a recent conference, wariness about the future remained. Posted by By Eshe Nelson
Posted inBanking and Financial Institutions Cohen, H Rodgin Regulation and Deregulation of Industry saturdaynewsletter The Banking Industry’s Go-to Crisis Adviser Rodge Cohen is one of the most influential people behind the scenes of cleaning up the banking crisis. Posted by By Lauren Hirsch Joe Rennison Ephrat Livni and Sarah Kessler
Posted inBanking and Financial Institutions Central Bank of Russia Credit and Debt Economic Conditions and Trends International Relations International Trade and World Market Russia Russian Invasion of Ukraine (2022) Ukraine Support Grows to Have Russia Pay for Ukraine’s Rebuilding Although U.S. officials have cautioned against seizing Russia’s reserves in foreign banks, others say it’s “crazy” not to after Moscow’s war of aggression. Posted by By Patricia Cohen