THIS MORNING: Global bank sell-off sends EGX 30 to a nine-week low
Some USD 465 bn has been wiped from global financial stocks since last week
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Some USD 465 bn has been wiped from global financial stocks since last week
All depositors will receive their money on Monday, regulators say.
Talks have been stalled with the Saudis since last month.
This is the second largest bank failure in US history
SVB clients are scrambling to find cash to meet payroll and other expenses.
Daily, monthly and per-transaction limits are all increasing
The central bank is trying to move Egypt towards a cashless economy
Saudi wealth fund takeover of United Bank in jeopardy? The Public Investment Fund (PIF) has reportedly hit ‘pause’ on talks…
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