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5 mins read
WHO has declared mpox a global health emergency. What happens next?
The spread of mpox through certain African countries led the Africa Centres for Disease Control and…
PTI
2 mins read
WHO calls for increased surveillance, sharing of data, vaccines to combat monkeypox outbreak
The WHO Director-General called for global collaboration and data sharing to combat the newly repor…
ANI
2 mins read
Wall Street giants launch $30 billion rescue of First Republic bank to stem crisis
The Wall Street giants have agreed to deposit $30 billion into troubled First Republic in order to …
2 mins read
In a first, all-women India, Bangladesh border troops exchange I-Day greetings
The six-member BSF team, dressed in ceremonial regalia, belonged to the 32nd battalion of the force…
PTI
2 mins read
First Republic Bank shares tank 43% after report says the struggling lender is likely to be taken over by the government
The California bank, which saw deposits drop by $100 billion in the first quarter, is likely to be …
Carla Mozée
1 min read
Rupee reverses 4-day losing streak, rises 18 paise to 82.58/USD
The rupee reversed its four-day losing streak and rose 18 paise to 82.58 (provisional) against the …
PTI
2 mins read
First Republic shares crater 50% as banks discuss fresh capital raise after $30 billion rescue
First Republic shares sank Monday on news that big banks were in talks to provide yet another infus…
Zahra Tayeb
2 mins read
First Republic stock jumps 18% to lead regional bank shares higher after SVB finds a buyer
First Republic Bank led a pack of US regional bank stocks, which rose on news that failed Silicon V…
Zinya Salfiti
2 mins read
Why First Republic failed, and what it means for the rest of the banking industry
First Republic was taken over by regulators and is being bought by JPMorgan, protecting $92 billion…
Ryan Hogg
3 mins read
JPMorgan is buying First Republic Bank after it was taken over by regulators
The takeover follows weeks of wrangling by First Republic and its investment banks for a solution t…
Kaja Whitehouse
2 mins read
The $30 billion reason for Wall Street to save First Republic ASAP
First Republic's rivals will end up paying for its struggles, whether it survives or gets seized by…
Matt Turner
1 min read
First Republic shares slide 25% even after Wall Street's white knights promise a $30 billion rescue
Shares in embattled First Republic Bank slid 25% early Friday despite a $30 billion lifeline from 1…
Karen Friar
3 mins read
First Republic just revealed how SVB's failure rattled its business - and shared plans that may fuel fears of a credit crunch
First Republic's customers yanked more than $100 billion of deposits last quarter, spurring the ban…
Theron Mohamed
1 min read
Embattled First Republic bank says it will slash jobs as it explores strategic options
First Republic's stock plummeted Monday after it said deposits plunged by over $100 billion during …
Kaja Whitehouse
2 mins read
First Republic bolsters liquidity after wild weekend of bank failures
First Republic said in a filing it's getting additional funding from the Fed and JPMorgan and that …
Huileng Tan
2 mins read
First Republic stock crashes 46% as regulators seize the bank and JPMorgan takes it over
It's the second-largest bank failure in US history, and the third regional bank taken under regulat…
Phil Rosen
2 mins read
Moody's puts SVB-rattled banks First Republic and Western Alliance on downgrade watch
Ratings agency Moody's has put US regional banks First Republic and Western Alliance under review f…
George Glover
2 mins read
First Republic leads a comeback for bank stocks that cratered in the SVB-fueled selloff
First Republic and Western Alliance shares are recovering from huge losses thanks to hopes that Sil…
George Glover
2 mins read
US stocks mixed as traders mull impact of First Republic failure and brace for big Fed meeting
Trading in the month of May kicked off with the second largest US bank failure on record as traders…
Carla Mozée
5 mins read
India received over $111 billion in remittances in 2022, first country to ever reach that figure: UN
The International Organisation for Migration (IOM), in its World Migration Report 2024 launched …