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Business

Vietnam’s VPBank completes $1.5 bln stake sale to Japan’s Sumitomo Mitsui

HANOI, March 27 (Reuters) – Vietnam Prosperity Joint Stock Commercial Bank VPB.HM said on Monday it has sold a 15% stake for $1.5 billion to

Analysis-US bank trading and deposits in focus after rollercoaster month By Reuters
Finances

Analysis-US bank trading and deposits in focus after rollercoaster month By Reuters

2/2 © Reuters. JPMorgan Chase Bank is seen in New York City, U.S., March 21, 2023. REUTERS/Caitlin Ochs 2/2 By Tatiana Bautzer and Nupur Anand

First Citizens said to be near deal for Silicon Valley Bank -Bloomberg News By Reuters
Stock Market

SVB deal soothes broader markets, but default stress haunts banks By Reuters

© Reuters. FILE PHOTO: First Citizens BancShares logo is seen in this illustration taken March 19, 2023. REUTERS/Dado Ruvic/Illustration By Anirban Sen and Renju Jose

Equals Group acquires Oonex for up to £4.1M
Finances

Equals Group acquires Oonex for up to £4.1M

Equals Group plc (LON:EQLS), a fintech payments group focused on the SME marketplace, announces that it has entered into a conditional agreement to acquire the

No let up for world stocks as banking worries persist By Reuters
Finances

Banks are leaking money By Reuters

© Reuters. A trader works at Frankfurt’s stock exchange in Frankfurt, Germany, March 12, 2020. REUTERS/Ralph Orlowski A look at the day ahead in European

First Citizens Acquires Much of Failed Silicon Valley Bank
Finances

First Citizens Acquires Much of Failed Silicon Valley Bank

First Citizens Bancshares is buying big pieces of Silicon Valley Bank more than two weeks after the lender’s collapse sent tremors through the banking system. 

Business

EMERGING MARKETS-Asian FX tumbles after turmoil in global banking system returns

By Jaskiran Singh March 27 (Reuters) – Asian currencies slipped at the start of the week, with the dollar standing firm on Monday after Germany’s

First Citizens Bank to buy SVB's deposits, loans from FDIC By Reuters
Stock Market

First Citizens Bank to buy SVB’s deposits, loans from FDIC By Reuters

© Reuters. FILE PHOTO: FILE PHOTO: A security guard stands outside of the entrance of the Silicon Valley Bank headquarters in Santa Clara, California, U.S.,

Cathie Armour joins Cboe Australia board as Non-Exec Director
Finances

Cathie Armour joins Cboe Australia board as Non-Exec Director

Cboe Australia announces the appointment of Cathie Armour as a Non- Executive Director, effective 1 April 2023. Ms. Armour joins the Cboe Australia board after

Stock Market

ANALYSIS-US bank trading and deposits in focus after rollercoaster month

By Tatiana Bautzer and Nupur Anand New York, March 27 (Reuters) – As U.S. banks prepare to close the books on a tumultuous quarter, analysts