Tag: signature bank
Indian financial system well protected, regulated, says Economic Affairs Secretary Ajay Seth
Indian financial system is well protected and regulated despite the daunting global financial situation, Economic Affairs Secretary Ajay Seth said on Monday. Briefing media on…
finance: Finance Minister calls state-owned lenders’ meet amid global banking crisis
Finance minister Nirmala Sitharaman has called a special meeting of state-run lenders later this week to seek their views on heightened global concerns over the…
US firm in talks to buy Silicon Valley Bank: Report
First Citizens BancShares Inc is evaluating an offer for Silicon Valley Bank , Bloomberg News reported on Saturday, citing people familiar with the matter. People…
Has the largest bankruptcy in US since 2008 calmed down?
U.S. President Joe Biden said on Friday that the banking crisis after the recent collapse of the Silicon Valley Bank (SVB) and Signature Bank has…
V Anantha Nageswaran: Global uncertainty rising, need to maintain ‘margins of safety’: CEA V Anantha Nageswaran
Chief Economic Advisor V Anantha Nageswaran on Thursday said the global uncertainty has been rising after the recent developments in the United States and governments,…
Fed: US consumer inflation still elevated but Fed under stress
WASHINGTON: US consumer inflation edged down in February but remains elevated, according to government data released Tuesday, adding pressure to the Federal Reserve as it…
Biden: Biden vows to hold those responsible for bank failures ‘fully accountable’
WASHINGTON: President Joe Biden on Sunday vowed to hold “fully accountable” the people responsible for the failure of Silicon Valley Bank and a second financial…