Author : Nelli Avetisyan

Goldman Sachs, JPMorgan Chase and Fidelity are the biggest winners from investors pouring cash into US money market funds over the past two weeks, as...

The assets and loans of collapsed US lender Silicon Valley Bank (SVB) are being bought by rival First Citizens BancShares. The failure of SVB earlier...

Collateral is usually a boring affair. Valuing assets and extending credit against them is the preoccupation of the mortgage banker and the repo trader, who...

The Bank of England raised its key interest rate by a quarter percentage point Thursday, a fresh sign that policy makers around the world are...

What kind of story is unfolding in the banking system? At first glance it would appear to be a tragic drama. In the past fortnight,...

EU leaders will try to revive efforts to complete a banking union plan today after the fallout from Silicon Valley Bank and Credit Suisse. ECB...

Inflation and rising bills mean UK households are spending 12% more on essentials than they were a year ago, with almost four in 10 people...

Worker filings for unemployment benefits held nearly steady last week, showing that the broader labor market remains robust despite large companies announcing layoffs. Initial jobless...