(Alliance News) - The collapse of Silicon Valley Bank was the fastest failure since Barings failed in 1995 but the UK banking system is not in the same position as during the 2008 financial crisis, the head of the Bank of England has said. Read More
(Alliance News) - Stock prices in London were higher at midday on Monday, as investor sentiment was lifted by the news that a US bank will buy more USD70 billion dollars of Silicon Valley Bank assets. Read More
(Alliance News) - Stock prices in London opened higher, as the banking sector remains in the spotlight following news of the acquisition of assets of Silicon Valley Bank in the US. Read More
(Alliance News) - Stocks in London were deep in the red at midday on Friday, despite some positive data for the UK private sector, as banking stocks slumped. Read More
(Alliance News) - Stock prices in London closed lower Thursday despite hopes today's rise in interest rates by the Bank of England will be the last for now. Read More
(Alliance News) - The Bank of England has insisted that the UK's banking system is robust, but admitted that any "lasting impact" on bank funding costs could dent the nation's financial stability. Read More
(Alliance News) - Stock prices in London on Wednesday ended mixed as hotter than expected inflation figures put the spotlight on the Bank of England ahead of its interest rate decision on Thursday. Read More
(Alliance News) - Stock prices in London were largely lower at midday on Wednesday, as in-coming interest rate decisions from the US Federal Reserve and the Bank of England weighed on investors' minds. Read More
(Alliance News) - Stock prices in Europe closed higher as the USD3.25 billion rescue of embattled lender Credit Suisse by its rival UBS calmed worries of contagion in the banking sector. Read More
(Alliance News) - Stock prices in London were largely lower at midday on Monday, though the FTSE 100 edged into the green in the first tentative sign market sentiment may be improving after Credit Suisse's USD3.25 billion takeover by UBS. Read More
(Alliance News) - Following frantic weekend negotiations, beleaguered lender Credit Suisse Group AG has been taken over by its local rival UBS Group AG, saving the bank from total collapse but failing to quell market concerns. Read More
(Alliance News) - Stock prices in London opened lower on Monday morning as the emergency takeover of beleaguered lender Credit Suisse over the weekend failed to quell market turmoil. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - Stocks in London closed down on Friday, and ended the week sharply lower, as markets on both sides of the Atlantic remained anxious about troubles in the banking sector. Read More
(Alliance News) - Stocks in London were higher at the close on Thursday, after ending sharply lower on Wednesday, as markets calmed after troubled bank Credit Suisse received a lifeline from the Swiss central bank. Read More
(Alliance News) - Stocks in London were higher at the close on Thursday, after ending sharply lower on Wednesday, as markets calmed after troubled bank Credit Suisse received a lifeline from the Swiss central bank. Read More
(Alliance News) - Stocks in London closed deep in the red on Wednesday as banking stocks suffered heavy declines amid bad news for Credit Suisse, which added to worries for markets already shaken following the collapse of Silicon Valley Bank. Read More
(Alliance News) - The events surrounding Silicon Valley Bank served a stark reminder of the need of a "more diverse financing system", UK Chancellor Jeremy Hunt said as he unveiled his budget. Read More
(Alliance News) - Stock prices in London were slightly higher at midday in London on Tuesday, as market attention turns to a US inflation reading, which has taken on new significant following the collapse of Silicon Valley Bank. Read More
(Alliance News) - Stock prices in London opened largely lower on Tuesday, with the fallout from the Silicon Valley Bank collapse still reverberating around global markets. Read More