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[ad_1] First Republic Bank shares have been hit hard over the past week following the failures of two large U.S. regional banks, Silicon Valley Bank and...
[ad_1] London CNN — The fate of Credit Suisse could be decided in the next 36 hours after a torrid week for Switzerland’s second biggest bank....
[ad_1] Paris CNN — Impromptu protests broke out in Paris and across several French cities Thursday evening following a move by the government to force through...
[ad_1] Moody’s Investors Service downgraded its credit rating on First Republic Bank to junk late Friday, citing a “deterioration in the bank’s financial profile.” First Republic’s...
[ad_1] President Joe Biden on Friday called on Congress to make it easier for regulators to punish executives at failed banks ― including by taking their...
[ad_1] Financial stocks continued to drag stock stock market down Friday, as the Dow Jones Industrial Average’s DJIA, -1.19% four financial components contributed about 40% of...
[ad_1] U.S. stocks ended lower Friday as worries about banking-sector stability reemerged following a bankruptcy filing by SVB Financial Group and the release of data showing...
[ad_1] The numbers: A survey of consumer sentiment slid to 63.4 in March and fell for the first time in four months, reflecting angst among Americans...
[ad_1] Shares of JPMorgan Chase and Goldman Sachs are retreating Friday morning, sending the Dow Jones Industrial Average into negative territory. The Dow DJIA, -1.19% was...
[ad_1] The numbers: U.S. industrial production was flat in February, the Federal Reserve reported Friday. The unchanged reading was in line with economists expectations, according to...
[ad_1] New York CNN — The massive amount of customer withdrawals that led to the collapse of Silicon Valley Bank had all the hallmarks of an...
[ad_1] Hong Kong CNN — Shares in Chinese search giant Baidu rebounded sharply a day after it unveiled ERNIE Bot, its answer to the ChatGPT craze....
[ad_1] New York CNN — First Republic Bank, facing a crisis of confidence from investors and customers, is set to receive a $30 billion lifeline from...
[ad_1] Bank of America BAC, Citigroup C, JPMorgan Chase JPM and Wells Fargo WFC said Thursday that they are each making $5 billion in uninsured deposits...
[ad_1] The numbers: Mortgage rates are down for the first time in six weeks, as the U.S. economy deals with bank collapses and an uncertain road...
[ad_1] U.S. bank stocks ended regular trading with solid gains on Thursday, as banks announced a $30 billion deposit capital infusion for First Republic Bank and...
[ad_1] Finance expert and entrepreneur Gene Marks will join us for a special livestream discussion on the impact of the recent bank failures on your personal...
[ad_1] Credit Suisse shares surged 32% in opening trade, rallying as the Swiss banking giant said it will tap its central bank for 50 billion francs...
[ad_1] Credit Suisse announced late Wednesday it was taking “decisive action” and borrowing up to 50 billion Swiss francs — about $54 billion — to ease...
[ad_1] New York CNN — Chinese billionaire and proclaimed dissident Guo Wengui was arrested Wednesday and charged with defrauding thousands of followers out of more than...