Search Results | Showing 11 - 20 of 185 results for "US Bank" |
| | The chief executive of Sweden's Alecta was let go by the fund as it looks to recover from large losses resulting from investments in Silicon Valley Bank, Signature Bank and First Republic Bank. Overnight, Magnus Billing was axed as chief executive with ... |
| | | Amid banking turmoil, the US Federal Reserve announced a rate hike to combat inflation. Recent economic indicators revealed modest growth in US spending, production, and strong job gains, with low unemployment and persistent inflation concerns. As such ... |
| | | UBS has agreed to acquire the embattled Credit Suisse for $4.8 billion. As part of the deal, the Swiss National Bank (SNB) will provide an additional $160 billion (CHF 100 billion)) in liquidity assistance to support the merge. UBS plans to appoint ... |
| | | The ASX rebounded slightly this morning following the overnight bailouts of First Republic Bank and Credit Suisse, but has since remained unsteady. This mornings slight jump - 0.3% - was pretty modest, CommSec senior economist Ryan Felsman told Financial ... |
| | | In his annual letter to investors, BlackRock chair Larry Fink has said it's unclear what impact the collapse of Silicon Valley Bank and others this past week will truly have, saying they are just one element of the "price we're paying for decades ... |
| | | The failure of Silicon Valley Bank (SVB) doesn't point to a systemic issue, however the banking crisis in the US may be far from over, experts say. The failure of SVB was mainly due to an asset-liability mismatch, which resulted in material losses ... |
| | | ... about 2% of its portfolio in the bank. It said it is monitoring its 2% position in First Republic Bank, its only other US bank holding, closely. |
| | | ASIC has suspended the Australian financial services licence of embattled crypto company FTX. FTX entered voluntary administration on November 11, and the AFSL is suspended until 15 May 2023. However, for the time being, FTX can continue to provide ... |
| | | The Federal Reserve has invited public comment on an advance notice of proposed rulemaking to enhance regulators' ability to resolve large bank failures. The Fed said recent merger activity and growth has increased the size of large US banking organisations ... |
| | | AustralianSuper has named a head of people and culture, international as it looks to boost its staff numbers offshore. AustralianSuper has appointed Pip Leonard head of people and culture, international ahead of shifting more staff offshore in line ... |
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