Browsing: finance

Berkshire Hathaway CEO Warren Buffett said Saturday that regulators avoided a financial disaster by making sure that Silicon Valley Bank…

Fitch downgraded Egypt’s rating from “B+” to “B”, while converting its outlook to negative, indicating that it may downgrade the…

More regional lenders have seen their shares plummet, prompting regulators to intervene Two more US regional banks saw their shares…

Almost half of the 4,800 banks in the US are nearly insolvent, as they have burned through their capital buffers,…

JPMorgan is acquiring the embattled regional lender First Republic to avoid another failure The frailties of the US financial sector…

Expert Gary Korolev warned of a wave of bankruptcies in regional banks in the United States, and said that US…

The US financial authorities seized the California-based First Republic bank. It is expected to be acquired by the “JP Morgan”…

Indian Commerce and Industry Ministry figure show that Iran’s exports to India increased by 90.89% year-on-year in 2023 while India’s…

Western sanctions have led to increased demand for safe-haven assets in the country Russian gold miners boosted output by 26.5%…

US officials are making urgent efforts to rescue the struggling First Republic Bank, as attempts by private-sector companies have thus…