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JPMorgan Chase & Co. posted a 52% jump in its first quarter profits, helped by higher interest rates, which allowed the bank to charge customers more for loans. The bank saw…
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A top U.S. regulator told a Senate panel on Tuesday that Silicon Valley Bank executives did a "terrible" job of managing risk before the lender collapsed, as lawmakers demanded to know…
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Top US financial officials on Tuesday outlined what’s likely to be the biggest regulatory overhaul of the banking sector in years, in an initiative aimed at addressing underlying issues…
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Follow us on Image Source : FILE/AP Silicon Valley Bank acquired by First Citizens…
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"A blend of selective equities and government bonds will reward investors over a period of the next 1-2 years," says Siddarth Bhamre, Head of Research, Religare Broking Limited.In an…
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The ongoing instability of the world banking sector will urge central banks to go slow on aggressive monetary policy. We can expect the rates to peak in the next couple of months.And…
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"It is largely pre-emptive, largely cautionary and I think you might see this continuing for a while and that is the outlook. I think that we all know about the exposure of the Indian…
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Until early March, investors worldwide were expecting the US Federal Reserve to raise interest rates by a smaller quantum of 25 basis points this month as inflation cooled off for the…
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Hardline Republicans in the House of Representatives on Monday vowed to oppose any universal federal guarantee on bank deposits above the current $250,000 limit, throwing a major…
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U.S officials are looking at ways to temporarily expand Federal Deposit Insurance Corp (FDIC) coverage to all deposits, Bloomberg News reported on Monday.U.S. Treasury Department staff…
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