FTSE 100 up, Silicon Valley Bank finds buyer - Market Report
Автор: Proactive Investors
Загружено: 2023-03-27
Просмотров: 173
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Good morning from London where the FTSE 100 has made a strong start to the week, following a volatile trading session on Friday.
But the big story this morning comes from the US where north-Carolina based lender First Citizens Bank has agreed to buy Silicon Valley Bank. First Citizens will be taking on US$56bn worth of customer deposits according to US regulators.
Back here in the UK, delays to plans in linking HS2 and Euston will cost the taxpayer even more money, according to a warning from the National Audit Office. The price of linking the project to the Euston hub has almost doubled to £4.8bn since 2020 already.
Twitter says its taking legal action after parts of its source code was leaked online. Elon Musk, who bought Twitter last year for US$44bn, said the leak infringes its copyright.
And in small caps, Bradda Head Lithium says its found some more lithium at the San Domingo pegmatite district in Arizona, and I’ll be getting the latest on that from CEO Charlie Fitzroy later this very morning.
#ProactiveInvestors #FTSE100 #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
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