Page 40 - Additional Tier News Today

HONG KONG: Hong Kong needs to watch carefully for any further "spillover" from US regional banks, although the city has very little exposure to the situation in European and US financial institutions, the Hong Kong Monetary Authority said on Friday (Mar 24). The failure of two US banks and a

The Swiss regulator's decision inverts the long-established seniority of bondholders over shareholders over the assets of a company in distress

Confidence in European banks deteriorated further on Friday, with the cost of insuring against a debt default rising sharply as the profit outlook for the sector dimmed.... | March 24, 2023

After Credit Suisse, yet another European bank—Deutsche Bank—is headed for trouble. Shares of Deutsche Bank dropped by over 14% on Friday, as credit default swaps experienced a significant surge on Thursday night. Shares of the German lender have now fallen for three consecutive days, losing over 20% of their value in March.

By Amanda Cooper, Sruthi Shankar and Amruta Khandekar

A look at the day ahead in U.S. and global markets from Mike Dolan | 06:03am

US Treasury Secretary Janet Yellen sought to reassure jittery investors that American bank deposits were safe and...

LONDON/NEW YORK (Reuters) - Banking stocks fell sharply again on Friday, with European giants Deutsche Bank and UBS knocked by worries that regulators and central banks have not yet contained

Tidjane Thiam says the controversial decision by Swiss authorities will mean U.S. and Asian lenders could come out of banking crisis stronger.

Investors are still fretting about the health of Europe's banks after Credit Suisse's rescue by UBS last week.