Credit Suisse shares soar after announcing $87 billion central bank aid
Credit Suisse was beset by problems long before the US bank failures.
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Billionaire Larry Fink raises spectre of ‘slow rolling crisis’
Financial Times: BlackRock chief executive fears ‘more seizures and shutdowns’ of banks.
Markets tumble as bank fears go global
New York Times: Shares fell sharply as Tuesday’s rally quickly faded.
Jarden Brief: Netflix bucks jitters as Credit Suisse fallout unfolds across globe
Silicon Valley Bank contagion gets complicated as bank stocks catch a cold.
Shares in major investment bank Credit Suisse plunge to historic lows
Fears of deeper problems in the world banking system spread in the wake of US failures.
'Racing against the clock': How Washington came to rescue US banks
The hope is that it will restore confidence in the US financial system.
Construction crunch: More building firms fail, homeowners in the lurch
Peter Wolfkamp, Newstalk ZB’s resident builder worries about recent string of failures.
Listen: Should NZ have a banking inquiry?
And if we did what would it likely recommend?
Juha Saarinen: Did we just dodge an ‘extinction level event’ for startups?
The SVB failure has uncovered a serious vulnerability threatening an important sector.
No deal for National’s banking inquiry
Labour Party members have rejected a proposal for it to be held via the select committee.
Jarden Brief: Contagion effect in SVB saga
Dyspeptic responses as investors digest fallout from Silicon Valley Bank collapse.
Joe Biden urges US to have confidence in banks after two collapse
Investors continue to dump shares in bank stocks as President calls for calm.
Banks made record $7b last year - that's up by a billion dollars
The figures are bound to stoke calls for a banking inquiry.
SVB collapse: Insiders see three major knock-on effects for NZ
A number of NZ firms have direct exposure. Insiders also see flow-on effects for all.
Another American bank shut down days after SVB collapses
A third US bank has toppled as the financial disaster deepens.
No bailout for Silicon Valley Bank, says Treasury Secretary
Officials rule out intervention in second biggest bank failure in US history.
SVB collapse: UK finance minister scrambles to protect tech sector
Financial Times: Executives demand Downing Street step in, warn of "existential threat".
Rocket Lab has US$38m invested in collapsed Silicon Valley Bank
Kiwi space company Rocket Lab has an exposure to Silicon Valley Bank.
'Black swan failure': Crypto group Circle admits $5.4b exposure
Financial Times: Stablecoin’s value drops as crypto market reels from US bank failures.
Liam Dann: Without appetite for real change, banking inquiry is just political theatre
The history of the NZ banking sector reveals a national lack of economic confidence.
'Bombed out': Neighbours up in arms about half-finished apartment complex
Tough times for developers leaves Auckland street with unfinished eyesore, neighbours say.
Editorial: Problems mounting for Govt
OPINION: Our editorial on balancing immediate needs with long-term fixes.
Wide range of Kiwis facing financial difficulties
Inaction is not going to work out if you’re already struggling.
Bank profits: Market study needed
OPINION: Banks will argue there's plenty of competition but the reality seems far from it.
Rising interest rates yet to dampen appetite for shopping
Electronic card data for February shows Kiwis are still spending.
Bank's ‘sincere regret’: ANZ offers $19k to 82yo scammed out of $36k
Fraudsters posing as the victim convinced ANZ staff to divulge personal customer details.
Central banks going crypto: Is it a good idea?
Financial Times: Across the world, old sober institutions are exploring digital currency.
ANZ settles with scam victim, Canadian killer in NZ & Govts warning over China | Focus Morning Bulletin: 9 March, 2023
New Zealand's biggest bank pays up after scammers target pensioner, why things aren’t all as they seem in the health sector and documents reveal fears our Government has over China in the latest New Zealand Herald headlines. Video / NZ Herald
Robertson says select committee ill-equipped to conduct bank profits inquiry
The Finance Minister is unsupportive of a 'quick and dirty' banking probe.
National wants inquiry into bank profits
With mortgage pain hitting families, the National Party wants an inquiry.
$900 mortgage hike: How much pain are we in for and when will rates come down?
New Zealand is in for a massive mortgage shock, and renters won't be immune.
Reinvigorated scams set to target tax season
To everything, including scams, there is a season.
Earthquake caused damage worth $5.1 billion in Syria
The quake killed at least 50,000 people according to the United Nations.
How a robot could help you get a home loan
Microsoft boss says ChatGPT could be used to help bankers.