SVB and Signature Bank execs set to testify before the Senate this week
Despite the looming debt ceiling crisis that has taken center stage in Washington in recent weeks, lawmakers haven't forgotten about the other financial crisis this year: the March bank failures that set off turmoil in the regional banking sector.
1970-01-01 08:00
Dan Snyder Agrees to Sell Washington Commanders to Josh Harris-Led Group
Dan Snyder has agreed to sell the NFL’s Washington Commanders to a group led by Apollo Global Management
1970-01-01 08:00
Trading platform Tradeweb in talks about US default contingency plans
NEW YORK Bond trading platform Tradeweb is in talks with clients, industry groups and other market participants about
1970-01-01 08:00
Norwegian Air reports Q1 loss, eyes seasonal summer boost
By Victoria Klesty OSLO (Reuters) -Norwegian Air reported a first-quarter loss on Friday, and said strong booking numbers would give
1970-01-01 08:00
Billionaire Adani’s Firms Weigh Raising Up to $5 Billion, Sources Say
Three companies controlled by billionaire Gautam Adani are considering a fundraising that may draw as much as $5
1970-01-01 08:00
Fake Billionaire Fund Manager Charged With Running Ponzi Scheme
A former Chicago commodities trader was arrested and charged with fraud for lying to clients about everything from
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
New York passes bill banning weight discrimination
Victoria Abraham graduated from New York University last year, ready to enter the job market. She is a self-proclaimed "fat activist" who has found her voice as a content creator online, but has concerns about applying for new job.
1970-01-01 08:00
Southwest pilots vote to authorize strike
Southwest Airlines Co pilots' union said on Thursday its members had approved a strike mandate by an overwhelming
1970-01-01 08:00
PacWest Bank shares fall 30% as crisis prompts customers to yank deposits
Shares of PacWest Bancorp fell 30% and were halted for volatility Thursday morning after the regional bank reported that customers had recently drawn down about 9.5% of total deposits.
1970-01-01 08:00
US airline passengers are getting increasingly frustrated. Here's why
North American travelers are unhappy with high ticket prices, staffing shortages and reduced routes, according to consumer research company J.D. Power's 2023 North American Airline Satisfaction Study.
1970-01-01 08:00
Amundi Says China Wealth Business Is Rebounding From Setbacks
Amundi SA’s onshore Chinese wealth management business is improving “significantly” this year after facing very challenging conditions in
1970-01-01 08:00