GLOBAL FINANCE
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Bill Ackman says U.S. did the 'right thing' in protecting SVB depositors. Not everyone agrees
Billionaire investor and Pershing Square CEO Bill Ackman said the U.S. government's intervention to protect depositors after the implosion of SVB...
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In his first address, China's new premier says high quality growth is a priority
China's new premier Li Qiang said China's focus was shifting to what it calls high-quality development, such as building up tech and so-called...
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US government steps in and says people with money deposited at SVB will be able to access their money
Banking regulators devised a plan Sunday to shore up deposits at Silicon Valley Bank, a critical step in stemming a feared panic.
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Cramer to the Fed: You have an elegant fix for the Silicon Valley Bank crisis — please use it
In order to ensure there is no run on banks, the Fed must guarantee 100% of the deposits at SVB.