A U.S. judge on Tuesday affirmed the Boy Scouts of America's $2.46 billion settlement of decades of sex a...
Briefing: The Silicon Valley Bank collapse – a case for an insurtech backstop?
With the insurtech sector struggling in the current economic climate, are the twin blows of Tech Nation and the Silicon Valley Bank too much?...
With the insurtech sector struggling in the current economic climate, are the twin blows of Tech Nation and the Silicon Valley Bank too much?...
Article / 11 hours ago
What are credit default swaps and why are they causing trouble for Europe's banks? - Reuters
Turbulence in Europe's banks following the implosion of 167-year-old Credit Suisse and runs on regional banks in the U.S. has focused attention on the role...
Turbulence in Europe's banks following the implosion of 167-year-old Credit Suisse and runs on regional banks in the U.S. has focused attention on the role...
reuters.com /
Article / 14 hours ago
Fitch Affirms Hong Kong at 'AA-'; Outlook Stable
Fitch Ratings has affirmed Hong Kong's Long-Term Foreign-Currency Issuer Default Rating (IDR) at'AA-' with a Stable Outlook....
Fitch Ratings has affirmed Hong Kong's Long-Term Foreign-Currency Issuer Default Rating (IDR) at'AA-' with a Stable Outlook....
PR / 16 hours ago
US bank troubles may decouple Asian central banks from the Fed
Asian central banks may get room to run their monetary policy based more on local factors as the US Federal Reserve slows its pace of tightening following the failures of Silicon Valley Bank (SVB) and...
Asian central banks may get room to run their monetary policy based more on local factors as the US Federal Reserve slows its pace of tightening following the failures of Silicon Valley Bank (SVB) and...
Article / 18 hours ago
Sovereign Defaults Are at Record High
There have been 14 separate default events since 2020, across nine different sovereigns, a marked increase compared with 19 defaults across 13 different countries between 2000 and...
There have been 14 separate default events since 2020, across nine different sovereigns, a marked increase compared with 19 defaults across 13 different countries between 2000 and...
PR / 1 day ago
US insurers' investment exposure to failed banks, other regionals under $5B
The US insurance industry has minimal investment exposure to banks that have recently collapsed or been placed under review for a potential ratings downgrades....
The US insurance industry has minimal investment exposure to banks that have recently collapsed or been placed under review for a potential ratings downgrades....
Article / 1 day ago
Kenya’s External Strains Highlighted by Falling Reserves
The decline in Kenya’s official foreign-exchange reserves highlights mounting external liquidity strains, says Fitch Ratings....
The decline in Kenya’s official foreign-exchange reserves highlights mounting external liquidity strains, says Fitch Ratings....
PR / 1 day ago
FDIC hires Newmark Group to sell billions of Signature Bank debt - Reuters
The Federal Deposit Insurance Corp (FDIC) has hired Newmark Group Inc to sell about $60 billion of Signature Bank loans, the Wall Street Journal reported...
The Federal Deposit Insurance Corp (FDIC) has hired Newmark Group Inc to sell about $60 billion of Signature Bank loans, the Wall Street Journal reported...
reuters.com /
Article / 1 day ago
Fitch Affirms Japan at 'A'; Outlook Stable
Fitch Ratings has affirmed Japan's Long-Term Foreign-Currency Issuer Default Rating (IDR) at'A' with a Stable Outlook....
Fitch Ratings has affirmed Japan's Long-Term Foreign-Currency Issuer Default Rating (IDR) at'A' with a Stable Outlook....
PR / 2 days ago
US regulators face sharp questions from Congress over bank collapses - Reuters
Lawmakers demanded details from top U.S. bank regulators on the unexpected failures of regional lenders Silicon Valley Bank and Signature Bank during testimony on Tuesday...
Lawmakers demanded details from top U.S. bank regulators on the unexpected failures of regional lenders Silicon Valley Bank and Signature Bank during testimony on Tuesday...
reuters.com /
Article / 2 days ago