International Desk

Multi-billion-dollar lifelines save US, European banks, avert global crisis

The market's concerns about an impending banking collapse were allayed on Friday by a $30 billion lifeline for First Republic Bank, but a late decline in the troubled U.S. lender's share price reve...

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Emergency measures fail to calm markets, pounds global stock

On Tuesday, after assurances from President Joe Biden and other policymakers failed to calm the markets and prompted a reevaluation of the outlook for interest rates, the fallout from the collapse ...

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