Daily Multan News Multan ki News | Urdu Khabrain | Sports | Entertainment | Khabrain
US Federal Reserve has been gradually raising interest rates for the past year to combat inflation, prompting Beijing to repeatedly warn of global financial risks. Source link
Read More »US says banking sector ‘stabilising’ after SVB crisis but investors still wary
The Treasury Secretary said ‘aggregate deposit outflows from regional banks have stabilised’ following authorities’ moves to shore up confidence. Source link
Read More »UBS seeks US$6 billion in government guarantees for Credit Suisse takeover
The US$6 billion in government guarantees UBS is seeking would cover the cost of winding down parts of Credit Suisse and potential litigation charges, sources said. Source link
Read More »First Republic Bank gets US$30 billion in deposits from big banks in rescue effort
JPMorgan Chase, Bank of America, Citigroup and Wells Fargo will contribute US$5 billion each, while Goldman Sachs and Morgan Stanley will kick in US$2.5 billion apiece. Source link
Read More »