European stocks rebound as Credit Suisse grabs lifeline, ECB meetsThe ECB call is the first by a major central bank since markets were rocked by banking crisis fears, testing the eurozone institution's res...
16 Mar, 2023, 06.19 PM IST
Credit Suisse owns over Rs 20,000 crore assets in India. Should you be worried?Foreign banks have a relatively smaller presence in India with a 6% share in total assets, 4% in loans and 5% in deposits. They are more ac...
16 Mar, 2023, 04.26 PM IST
Nikkei snaps 3-day losing run as Japan banks rise on easing contagion fearsThe Nikkei had a volatile session, but recovered in the final 15 minutes of trade to close steady at 27,229.48. Over the previous three day...
15 Mar, 2023, 01.35 PM IST
Silicon Valley Bank collapse: What you need to knowU.S. authorities launched emergency measures on Sunday to shore up confidence in the banking system after the failure of Silicon Valley Ban...
15 Mar, 2023, 11.29 AM IST
8-U.S. banks shake off immediate SVB contagion fearsWorries about contagion risks from the collapse of the two U.S. banks had compounded investor concerns about the impact on lenders of risin...
14 Mar, 2023, 08.46 PM IST
Sensex falls for 4th straight session, ends 337 points lower; Nifty tests 17,000Investors became poorer by Rs 2.01 lakh crore as market capitalisation of all listed companies on the BSE declined to Rs 256.55 lakh crore
14 Mar, 2023, 04.18 PM IST
SVB exposure leaves investors in this Jhunjhunwala stock worried, share prices down 7%The bank had $209 billion in assets and about $175.4 billion in deposits as of December 2022. The main office and all branches of it will r...
13 Mar, 2023, 12.24 PM IST
Silicon Valley Bank collapse: No major impact on Indian banking system, say expertsThe collapse of Silicon Valley Bank is causing global contagion, with some impact on the sentiment of the market in the short term and long...
13 Mar, 2023, 12.03 PM IST
SVB collapse a sign of pain coming from end of easy-cash eraRisks were brought to the fore last week as US tech specialist Silicon Valley Bank was shut by California banking regulators on Friday, spa...
13 Mar, 2023, 12.02 PM IST
Sensex, Nifty open higher amid mixed global cuesFrom the Sensex pack, Tech Mahindra was the top gainer, rising nearly 9%. HCL Tech, TCS, Tata Steel, Wipro, ICICI Bank and Reliance also op...
13 Mar, 2023, 09.41 AM IST
Silicon Valley Bank's demise began with downgrade threat -sourcesSVB then worked on a plan over the weekend to boost the value of its holdings. It would sell more than $20 billion worth of low-yielding bo...
11 Mar, 2023, 04.54 PM IST
SVB chief sold $3.6 million in stock days before bank’s failure; removed from San Francisco Fed’s BoardHe sold 12,451 shares on February 27. It is the first time in more than a year that Becker had sold shares in parent company SVB Financial ...
11 Mar, 2023, 09.27 AM IST
A bank failure jolts markets, sending stocks down sharplyThe KBW bank index, which tracks the stocks of 24 major banks, was also lower and, after falling each day of the week, ended with a loss of...
11 Mar, 2023, 09.24 AM IST
SVB crisis: Peter Thiel’s Founders Fund advises companies to withdraw money from the bankThe turmoil followed a surprise announcement from the Santa Clara, California-based SVB that it was issuing $2.25 billion of shares to bols...
10 Mar, 2023, 09.23 PM IST
Nikkei drops most in 3 mths as BOJ decision drags bank sharesThe Nikkei stock market in Japan fell 1.67% on Friday, after the central bank's decision to maintain stimulus settings hurt their profit ou...
10 Mar, 2023, 02.11 PM IST
Fry-Day for Bulls! Sensex tanks over 800 points; Nifty below 17,400From the Sensex pack, ICICI Bank, Bajaj Finance, L&T and Bajaj Finserv were the top losers, falling over 1.5%. Tech Mahindra, HDFC bank, In...
10 Mar, 2023, 10.13 AM IST
Is Silicon Valley Bank’s swoon a recession signal?A bank in Silicon Valley, California, which is the parent company of Silicon Valley Bank, raised money on short notice to avoid having to c...
10 Mar, 2023, 09.24 AM IST