contagion

The finance minister fielded questions on the economy, taxes and global risks faced by the country, among others,at the ET Awards for Corporate Excellence. Edited excerpts from an interaction with ET’s Bodhisatva GanguliYou have just…

U.S.-based Fitch held that the debt of Adani group’s rated Indian entities as of end-December 2022 was offshore and largely secured, with U.S. dollar bonds maturing only from mid-2024, suggesting no immediate concerns about repayment. |…

<!-- -->Nifty Pharma leading gains with a 1% increase. (File)Stock indices edged up on Monday, snapping two days of losses, as global authorities took steps to contain the banking turmoil, helping dispel some of the contagion…

Is it possible to talk about financial contagion without perpetuating it?Regulators and public officials are anxious to be reassuring, but for Canadians trying to understand how a series of ostensibly unconnected global bank failures could…

Deutsche Bank became the latest focus of the banking turmoil in Europe as ongoing concern about the industry sent its shares slumping the most in three years and the cost of insuring against default rising.The bank, which has staged a…

Shares in Deutsche Bank fell sharply on Friday, as fears about vulnerabilities in Germany's largest lender sent investors for the exits. Deutsche Bank shares were off 14 per cent on the German stock exchange, and have now lost a fifth of…

UBS AG was mulling a takeover of its embattled Swiss peer Credit Suisse on Saturday, sources said, which could allay fears that an unfolding crisis at the bank might destabilise the global financial system.The 167-year-old Credit Suisse is…

NEW YORK: Banking shares in Europe and the United States suffered another walloping on Wednesday (Mar 15) as reverberations from the financial sector's troubles dented oil prices and lifted the dollar. After a rebound on Tuesday, equities…

Shares of financial services firm and bank Credit Suisse plunged over 20 per cent - falling for an eighth consecutive session - on the Swiss stock exchange Wednesday amid concerns after its top shareholder ruled out more investment and…

Reuters | | Posted by Singh Rahul Sunilkumar The Indian rupee posted its worst performance against the dollar in five weeks on Tuesday, as fears of contagion from the collapse of Silicon Valley Bank (SVB) weighed on risk sentiment…