Reuters

The company has been planning to separate its auditing and consulting businesses, though reports this month suggested the move is likely to be paused.

Shares of First Republic Bank slumped 13.1% on Monday, after a report the regional bank could raise more money fanned worries about its liquidity despite a $30 billion rescue last week.

The Federal Deposit Insurance Corporation (FDIC) said the deal would see the subsidiary, Flagstar Bank, assume substantially all of Signature Bank's deposits, some of its loan portfolios and all 40 of its former branches.

UBS Group AG is seeking government guarantees of about $6 billion for a potential takeover of Credit Suisse Group AG, a person with knowledge of the discussions told Reuters on Saturday.

HR and payment software startup Rippling said on Friday it has raised $500 million in a new funding round initially intended to help customers make payroll in the immediate aftermath of Silicon Valley Bank's collapse.

In a letter filed on Friday night in Manhattan federal court, Bankman-Fried's lawyer Christian Everdell said both sides believed they were "close to a resolution", and expect to formally propose new restrictions by next week.

U.S. President Joe Biden said on Friday that Russian President Vladimir Putin has clearly committed war crimes and the International Criminal Court's (ICC) decision to issue an arrest warrant for him was justified.

SVB Financial Group said on Friday it filed for a court-supervised reorganization under Chapter 11 bankruptcy protection to seek buyers for its assets, days after its former unit Silicon Valley Bank was taken over by the U.S.

Earlier this month, 12 senators introduced a bill to grant new powers to the Commerce Department in dealing with TikTok, which has over 100 million U.S. users.

U.S. Ambassador to the UN Linda Thomas-Greenfield said North Korea's nuclear programs were "inextricably linked to the regime's human rights abuses."

Biden is asking Congress to give the Federal Depository Insurance Corp greater authority to claw back compensation.

Varadkar thanked the United States for its support for Ireland's position on Brexit, which he said "really made a difference."

The funding followed Washington's announcement in September that it would provide nearly $376 million in humanitarian aid to Venezuelans.

A U.S. bankruptcy judge declined to delay the $1.3 billion sale of crypto lender Voyager Digital to Binance.US, saying Voyager customers should not be forced to wait out a challenge by the Department of Justice that is unlikely to succeed.

Banks should largely be able to cope with "unrealised losses" on bonds and the collapse of Silicon Valley Bank, top credit ratings agencies S&P Global and Moody's said on Thursday, although they remained guarded on Credit Suisse's woes.

U.S. regional banks are expected to pay higher rates to depositors to keep them from switching to larger lenders, banking analysts said, following the collapse of Silicon Valley Bank and Signature Bank.

A deal allowing the safe export of grain from several of Ukraine's Black Sea ports clearly calls for a 120-day rollover, the United Nations said on Thursday after Russia suggested extending the deal for just 60 days.

Credit Suisse lost almost a quarter of its value on Wednesday, dropping to a new record low after its largest investor said it could not provide the Swiss bank with more financial assistance.

Cryptocurrency exchange Coinbase will let customers in Singapore move funds to and from accounts via local banks, smoothing one path to investing in digital assets at a time when markets are on edge over financial stability and crypto banking.

Bank shares in Europe and Asia plunged on Monday as the United States' move to guarantee the deposits of the collapsed tech-focused lender Silicon Valley Bank failed to reassure investors that other banks remain finacially sound.

A Norfolk Southern train derailed in Ohio on Saturday, the second such incident involving the railroad in that state in about a month, prompting local officials to order residents living near the site of the accident to shelter in place.

Three U.S. Senators have asked giant cryptocurrency exchange Binance and its U.S.

Nishad Singh, the former director of engineering at now-bankrupt cryptocurrency exchange FTX, has agreed to plead guilty to U.S. criminal charges, his lawyer said in court on Tuesday.

By Brendan PiersonThe U.S. Supreme Court on Monday declined to hear a challenge to Los Angeles County's ban on sales of flavored tobacco products brought by R.J.

U.S. Treasury Secretary Janet Yellen told Reuters on Saturday that new U.S. data showing inflation jumped unexpectedly in January signals that the fight against inflation "is not a straight line" and more work is needed.

Federal Reserve Bank of Cleveland leader Loretta Mester said Friday she wasn't surprised by the latest round of strong U.S. inflation data, which she saw as another reminder the central bank still needs to raise rates further to reduce the pressures that are pushing prices higher.

Wall Street's main indexes were set for a slightly higher open on Wednesday, a day after their worst performance of the year, as investors awaited minutes from the Federal Reserve's policy meeting for fresh clues on the trajectory of interest rates.

Walmart Inc struck a cautious note in its economic outlook for 2023 on Tuesday as the retail bellwether forecast full-year earnings below estimates and warned that cautious spending by consumers could pressure profit margins.

North Korea launched a long-range ballistic missile into the sea off Japan's west coast on Saturday, after Pyongyang warned of a strong response to upcoming U.S.-South Korea military drills.