Silvergate says it could be less than well capitalized Shares slump 29.3 premarket March 1 Reuters Shares of Silvergate Capital Corp slumped 29 in premarket trading on Thursday, after the cryptocurrencyfocused lender warned it was delaying its annual report and said it was evaluating its ability to operate as a going concern. Silvergate reported a 1 billion […]

LONDON, March 1 Reuters Goldman Sachs has warned of the potential for foreign exchange market instability in the run up to Turkey39;s elections following years of currency reserve depletion and other costly measures. While not its base case, the Wall Street bank said problems could be triggered if savers and firms became worried that a […]

March 2 Reuters Shares of Hong Kong telco HKBN Ltd rose as much as 6 on Thursday after it confirmed it had received takeover interest from infrastructure investor I Squared Asia Advisors. HKBN said it received a nonbinding letter of interest from the infrastructure investor, which owns HGC Global Communications, in which I Squared Asia Advisors […]

BloombergNEF is bearish on oil prices for the week ahead, with Brent May-23 trading at $81.95/bbl and WTI Apr-23 trading at $75.61/bbl at the time of writing.