
Philips to pay $62 million to resolve charges it violated US law
WASHINGTON (Reuters) -Dutch medical device maker Philips will pay $62 million (56 million euros) to resolve charges it violated the
1970-01-01 08:00

Yellen says most U.S. banks would be able to pay off uninsured depositors
NIIGATA, Japan Most U.S. banks, including those whose share prices are under pressure, would be able to pay
1970-01-01 08:00

Fed's Bowman: more policy tightening likely appropriate
The U.S. Federal Reserve will probably need to raise interest rates further if inflation stays high, Fed Governor
1970-01-01 08:00

Fed's Bowman calls for external review of Silicon Valley Bank oversight
By Pete Schroeder WASHINGTON Federal Reserve Governor Michelle Bowman said Friday that the central bank should hire an
1970-01-01 08:00

Yellen to discuss debt ceiling with bank lobby group - official
U.S. Treasury Secretary Janet Yellen will discuss the impasse over raising the government debt ceiling with board members
1970-01-01 08:00

PacWest shares plunge after it reports drop in deposits
By Niket Nishant and Chibuike Oguh (Reuters) -Shares of PacWest Bancorp plunged 23% on Thursday after the Los-Angeles-based lender said
1970-01-01 08:00

US permit crackdown poses new hurdles for proposed LNG projects - analysts
By Curtis Williams HOUSTON The U.S. Department of Energy's refusal to grant export permit extensions to liquefied natural
1970-01-01 08:00

HSBC, Scotiabank hit with US penalties over employees' use of personal devices
By Chris Prentice WASHINGTON (Reuters) -U.S. regulators on Thursday slapped units of Bank of Nova Scotia and HSBC Holdings with
1970-01-01 08:00

Climate change not 'serious risk' to financial stability, Fed's Waller says
By Howard Schneider WASHINGTON (Reuters) -Climate change does not pose such "significantly unique or material" financial stability risks that the
1970-01-01 08:00

Fed's Kashkari says tight monetary policy may be needed for 'extended' time
By Ann Saphir An extended period of high interest rates and an inverted yield curve could put more
1970-01-01 08:00

Peloton backpedals to near record low after bike recall
NEW YORK Shares of Peloton Interactive tumbled 6.0% in early trading and hit a more than six-month low
1970-01-01 08:00

Deposit outflows after SVB collapse concentrated among 'super-regionals' - NY Fed study
By Howard Schneider WASHINGTON (Reuters) -Bank deposit withdrawals following the collapse of Silicon Valley Bank were concentrated in around 30
1970-01-01 08:00