Tag: bailout
After U.S. Bailout, the Trucking Firm Yellow Is Shutting Down
Yellow, the beleaguered trucking company that received a $700 million pandemic loan from the federal government, notified staff on Friday that it is s [...]
PM Rishi Sunak rules out Birmingham bailout
However, speaking on a visit to a building site in the city, the prime minister said: "The council just needs to do a better job of managing the figur [...]
Pakistan’s forex reserves rise to 9-month high on IMF bailout
Islamabad: Pakistan’s foreign exchange reserves rose to about a nine-month high after the South Asian nation secured a fresh financial [...]
Stress test? What Biden’s bank bailout means for stablecoins
The collapse of Silicon Valley Bank (SVB), which suffered a bank run after revealing a hole in its finances over the sale of part of its inflation-hit [...]
Venture capitalists bail on Zipmex bailout, company warns of consequences: Report
Cryptocurrency exchange Zipmex has reportedly not received the latest payment under its buyout agreement with venture capital firm V Venture. The exch [...]
Saudi Arabia’s ‘shocks’ Pak; Refuses money to shore up Pak’s Forex, secure IMF bailout
Published on Mar 19, 2023 02:57 PM IST
Pakistan may be losing the sympathy of even friendly nations now as Saudi Arabia reportedly refuses to [...]
SVB’s UK arm issues 15M pounds in bonuses after symbolic bailout: Report
Silicon Valley Bank UK (SVB UK) has granted millions of pounds in employee bonuses, just days after it was rescued by global banking giant HSBC for ju [...]
Fox: First Republic Bank headed for possible sale after institutional bailout
Fox Business reports on Morgan Stanley and PNC Bank said to be keen on buying bail-out recipient First Republic Bank.$30bn was put into the bank by a [...]
Bitcoin returns to $25K as Credit Suisse bailout precedes EU rate hike move
Bitcoin (BTC) rebounded for a fresh challenge of $25,000 on March 16 ahead of a key interest rate decision in Europe.BTC/USD 1-hour candle chart (Bits [...]
Don’t Call It a Bailout: Washington Is Haunted by the 2008 Financial Crisis
The colossal bailouts after the 2008 collapse arguably saved the global economy, but they also provoked a ferocious popular backlash.
www.nytimes.com [...]
Was This a Bailout? Skeptics Descend on Silicon Valley Bank Response.
The government took drastic action to shore up the banking system and make depositors of two failed banks whole. It quickly drew blowback.
www.nytime [...]
Is This a Crypto Banking Bailout?
As the wreckage that started inside crypto banking threatens financial institutions beyond the sector’s border, the federal government is eager to mak [...]
Gold Price Shines as US Dollar Tanks on Sinking Yields from SVB Bailout. Higher XAU/USD?
Gold, XAU/USD, US Dollar, Fed, Treasury Yield Curve, FOMC, SVB - Talking PointsGold strengthened after the US Dollar wilted on SVB collapseThe Fed fun [...]
‘Risk’ FX is trading higher on the chatter of a bailout &/or sale of distressed bank SVB
I posted earlier on the early forex rates, all indicating higher against the US dollar on the back of some sort of rescue for depositors at troubled [...]
Yellen Says No to SVB Bailout, but Says Government Is Working to Help Depositors
Yellen sought to ease concerns that the bank’s collapse could lead to a domino effect.
www.coindesk.com [...]