The Latest Breaking News on Financial Services

Stock futures slump as bank crisis spreads into Europe; Banks borrow $164 billion from Fed amid acute funding stress; Deutsche Bank shares tumble as default risk spikes amid market turmoil; Block extends declines as group hits back at Hindenburg report and TerraUSD founder Do Kwon indicted by U.S. authorities on…

Not that long ago, these banks were the villains that nearly cratered the economy.

Hong Kong (AFP) - Asian markets dipped Friday after a broadly healthy week, as lingering concerns about the banking sector played against hopes central banks could be nearing the end of their interest rate hiking cycle.

While there is little sympathy for banks or the Silicon Valley crowd, surely the US government could have tried saving the bank rather than shutting it overnight.

With a COVID-era economy stuffed with cash-handouts, Australian businesses have enjoyed record low insolvency rates for years. Now, we can expect that to change.

Exports are forecast for a deeper contraction of 1.2% this year, attributed to the global economic slowdown and the banking debacle in the US and Europe, according to Kasikorn Research Center (KResearch).

SVB at the center of the financial crisis of March 2023 saw several insiders sell shares before the bank run by its customers

SCB Asset Management (SCBAM) aims to grow its assets under management (AUM) by 3-5% this year from 1.6 trillion baht recorded in 2022.

Domestic car and motorcycle sales may bear the brunt if Thai financial institutions are affected by the risk of failed banks in the US and Europe, says the Federation of Thai Industries (FTI).