FDIC returned $40 billion in U.S. Treasury funds, reversing withdrawal after SVB takeover

By David Lawder WASHINGTON (Reuters) -The Federal Deposit Insurance Corp deposited $40 billion back into the U.S. Treasury General Account on Tuesday, reversing a $40 billion withdrawal on Friday as the regulator took control of the failed Silicon Valley Bank, Treasury financial data released on Wednesday showed. A Treasury spokesperson referred questions about the fund …

FDIC returned $40 billion in U.S. Treasury funds, reversing withdrawal after SVB takeover Read More »

Swiss central bank throws financial lifeline to Credit Suisse after shares pummelled

By Noele Illien, John Revill and Tom Sims (Reuters) – Swiss regulators pledged a liquidity lifeline to Credit Suisse in an unprecedented move by a central bank after the flagship Swiss lender’s shares tumbled as much as 30% on Wednesday. In a joint statement, the Swiss financial regulator FINMA and the nation’s central bank sought …

Swiss central bank throws financial lifeline to Credit Suisse after shares pummelled Read More »

Farmers protest party BBB in close tie for top spot in Dutch Senate -exit poll

By Bart Meijer AMSTERDAM (Reuters) – Farmers protest party BBB looked set to become one of the largest parties in the Dutch Senate, a first exit poll following regional elections held on Wednesday showed. Newcomer BoerBurgerBeweging (Farmer-Citizen Movement) was indicated to have won 15 of 75 Senate seats, at a par with the Labour/GreenLeft combination …

Farmers protest party BBB in close tie for top spot in Dutch Senate -exit poll Read More »

Global sell-off resumes after Credit Suisse renews worries; gold rallies

By Chris Prentice and Dhara Ranasinghe NEW YORK/LONDON (Reuters) – Renewed unease gripped world markets on Wednesday as news that Credit Suisse’s largest investor said it could not provide the Swiss bank with more financial assistance sent its shares and broader global equities sliding. U.S. inflation data showed signs of economic weakness and cooling inflation. …

Global sell-off resumes after Credit Suisse renews worries; gold rallies Read More »

El nuevo sistema de pagos instantáneos de la Fed se pondrá en marcha en julio

15 mar (Reuters) – El banco central de Estados Unidos dijo el miércoles que lanzará su servicio de pagos instantáneos “FedNow” en julio, con la certificación y las pruebas para los primeros usuarios a partir de la primera semana de abril. Anunciado en 2019, FedNow permitirá a los bancos transferir instantáneamente pagos en todo el …

El nuevo sistema de pagos instantáneos de la Fed se pondrá en marcha en julio Read More »

As Russia looms, US seeks influence in West Africa’s fight against Islamists

By Cooper Inveen and Edward McAllister DABOYA, Ghana (Reuters) – U.S. commanders leading annual counter-terrorism exercises in West Africa have urged coastal countries to depend on each other to contain a spreading Islamist insurgency, rather than non-Western powers, after Mali last year hired Russian mercenaries. Relations between Russia and the U.S. have become more hostile …

As Russia looms, US seeks influence in West Africa’s fight against Islamists Read More »