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(Alliance News) - Stock prices in London opened higher on Thursday, as shares recovered some of Wednesday's sizeable losses, though concerns over the health of the banking sector are unlikely to go away.
Read more(Alliance News) - Stocks in London closed deep in the red on Wednesday as banking stocks suffered heavy declines amid bad news for Credit Suisse, which added to worries for markets already shaken following the collapse of Silicon Valley Bank.
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LONDON, March 15 (Reuters) - British markets, roiled by concerns about European banks after shares in Credit Suisse fell 30%, showed little reaction to Chancellor Jeremy Hunt's budget on Wednesday.
Read more(Alliance News) - Equity prices in Europe traded sharply lower in afternoon dealings on Wednesday as banking shares once again bore the brunt of a bruising stock market sell-off, with investor confidence in the sector depleting rapidly.
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(Sharecast News) - Shares in Credit Suisse plunged to a record low on Wednesday, after a key investor ruled out providing further capital.
Read moreLONDON, March 14 (Reuters) - The dramatic collapse of Silicon Valley Bank and the market turmoil it unleashed is part of the "battle between fire and ice" in global efforts to curb inflation after years of cheap money, Morgan Stanley co-president Ted Pick said on Tuesday.
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Dollars weakens against all major currenciesRead more
NEW YORK/LONDON, March 13 (Reuters) - The dollar fell on Monday as markets bet the Federal Reserve will halt or trim its raising interest rates to curb inflation after U.S. authorities moved to limit the fallout from the sudden collapse of Silicon Valley Bank.
Read more(Alliance News) - Stocks in London ended firmly lower on Monday as the fallout from the collapse of Silicon Valley Bank continued to ripple through markets.
Read more(Alliance News) - Shares were lower at midday in London on Monday, as bank shares suffered from the collapse of Silicon Valley Bank.
Read moreLONDON, March 13 (Reuters) - The Bank of England will carry out further study as it is not yet clear whether it needs to require banks and insurers to set aside longer-term capital buffers to provide for the consequences of climate change, it said on Monday.
Read moreGovernment working to protect customers from bank's collapse
*Read moreMarch 12 (Reuters) - Britain's biggest high street banks have been given a 24-hour deadline to rescue Silicon Valley Bank UK (SVB UK) from collapse as the Bank of England prepares to place it into an insolvency process, Sky News reported on Sunday.
Read more(Alliance News) - Stock prices in London closed lower on Friday, as investors digest a week of US-centred data and its implications for the future of interest rates.
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