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[ad_1] U.S. stocks have shrugged off a number of threats since the start of the year, powering through the worst U.S. bank failures since the 2008...
[ad_1] U.S. stocks were climbing Friday afternoon following a softer-than-expected inflation report for February, while the Nasdaq Composite was on pace for its largest quarterly advance...
[ad_1] UBS Group AG said Wednesday that it has decided to appoint Sergio P. Ermotti as its new chief executive replacing Ralph Hamers, and said the...
[ad_1] The collapse of Silicon Valley Bank sent shockwaves through the global economy and had the makings of another crisis. Depositors raced to withdraw money. Banks...
[ad_1] Is the banking crisis over? Well, famous last words and all that, but in the early hours of Monday things are looking better: no bank...
[ad_1] First Citizens Buys Up Large Parts of Silicon Valley Bank After Collapse [ad_2] Source link
[ad_1] First Citizens BancShares Inc. has entered a deal to assume all the deposits and loans of the failed Silicon Valley Bridge Bank from the Federal Deposit...
[ad_1] First Citizens BancShares is in advanced talks to acquire Silicon Valley Bank after its collapse earlier this month, according to people familiar with the matter. ...
[ad_1] Judging by the major indexes, it will take more than the Federal Reserve raising interest rates in the midst of the worst banking mess since...
[ad_1] Data on the U.S. consumer and housing market, plus several notable earnings reports, will be this week’s highlights. Barring any surprises, federal financial regulators’ Congressional...
[ad_1] U.S. stocks finished Friday higher, despite a jump in the cost of Deutsche Bank’s credit-default swaps helping to reignite banking-sector worries. The Dow Jones Industrial...
[ad_1] Another bubble has emerged, courtesy of the bank-sector crisis which has already felled three U.S. regional banks. Bank of America analysts led by the Michael...
[ad_1] Deutsche Bank shares slumped on Friday, putting the health of another globally systemic important bank in the spotlight heading into the weekend. The German lender’s...
[ad_1] Regional banks shouldn’t be the only source of worry for potential fallout from the Federal Reserve’s rapid pace of interest-rate hikes in the past year,...
[ad_1] Despite quick action by regulators and policy makers, there’s a rising risk that banking-system stress will spill over into other sectors and the U.S. economy,...
[ad_1] Shortly after Silicon Valley Bank disclosed on March 8 that it was running short of cash and needed to raise capital, First Republic Bank’s epic...
[ad_1] The Swiss regulator on Sunday announced that it was writing the value of Credit Suisse’s additional Tier 1 bonds — also called AT1 bonds, or...
[ad_1] Credit Suisse shares dropped as much as 65% on Monday after the struggling Swiss bank agreed to be taken over by its rival UBS at...
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[ad_1] By Dominic Chopping Norway’s sovereign wealth fund had a 1.49% stake in Credit Suisse Group AG at the end of 2022 and a 3.31% stake...