Global Banking System
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First Republic to receive US$30B injection from major U.S. banks in show of supportFirst Republic Bank will receive a cash injection from 11 other lenders in the U.S. amid efforts to shore up confidence in the global banking system.EconomyMar 16, 2023
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European Central Bank hikes rates 50 basis points despite banking turmoilThe European Central Bank forged ahead with a half-percentage-point increase to its benchmark interest rate on Thursday amid global banking uncertainty.EconomyMar 16, 2023
