Investors are still spooked after UBS bought its Swiss peer, with confidence in the banking sector in short supply.
Category: internal-storyline-no
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Markets Worry First Republic and Other Banks Remain Under Pressure
The nation’s top lenders banded together to rescue First Republic Bank. But markets worry that regional institutions remain under pressure.
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Credit Suisse Shares Jump As Banking Backstops Go Global
Bank stocks recovered after Credit Suisse secured a $54 billion lifeline from Switzerland’s central bank.
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A Hungarian Town Seethes Over a Giant Chinese Battery Plant
A $7.8 billion factory planned by a Chinese company in eastern Hungary has become divisive even within the party of Prime Minister Viktor Orban, who championed it.
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Goldman Sachs Eyes a Big Payout from Silicon Valley Bank Deal
The Wall Street giant is likely to be paid more than $100 million for its role in a bond purchase that ultimately failed to save the California bank from collapse.
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Shares in First Republic and Others Rise After Federal Bank Rescue
First Republic, Western Alliance and PacWest Bancorp shares were set to rise on Tuesday after one of the industry’s worst stock routs in years.
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Troubles at Silicon Valley Bank Rock the Global Stock Market.
Shares in the bank, a go-to funder of tech start-ups, have fallen more than 60 percent in the past day as investors fear for its finances, and those of similarly sized lenders.
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JPMorgan Is Turning On Jes Staley, Ex-Star, Over Jeffrey Epstein
The banking giant has sued Jes Staley over what it said were failures to alert the company to all he knew about Jeffrey Epstein.
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Investors Fear a Recession Spurred by the Fed’s Inflation Fight
Investors were alarmed at suggestions by Jerome Powell, the Federal Reserve’s chairman, that interest rates could go even higher in a bid to halt inflation.
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Why Regulators Plan to Sue Over JetBlue’s Deal for Spirit
Regulators looking to block JetBlue’s $3.8 billion bid to buy Spirit Airways think there’s no other way to address their competition concerns.
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Regulators Put More Pressure on Binance, the Crypto Giant
Binance, the world’s biggest cryptocurrency exchange, faces a fresh wave of scrutiny from regulators and lawmakers.