Sunday, March 19, 2023

Google Alert - Financial Markets

Google
Financial Markets
As-it-happens update ⋅ March 20, 2023
NEWS
... less than the market value of troubled US lender First Republic Bank. ... of confidence that threatened to spread to global financial markets.
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"We welcome the announcements by the Swiss authorities today to support financial stability," they said in a joint statement. "The capital and ...
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Still, global financial markets have been on edge since Credit Suisse's share price began plummeting this week. The illuminated logo of Swiss bank ...
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For all their importance, however, financial markets in Asia aren't about to go rogue. They get their lead from the US, and in times like these, ...
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... sale marks the Swiss bank's final fall from grace, succumbing to a crisis of confidence that threatened to spread to global financial markets.
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"It is a historic, sad and very challenging day for Credit Suisse, for Switzerland and for the global financial markets," Lehmann said, ...
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... in global funding markets, thereby helping to mitigate the effects of such strains on the supply of credit to households and businesses.
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... government-brokered deal aimed at containing a crisis of confidence that had started to spread across global financial markets.
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