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[ad_1] So-called AT1 bonds of Credit Suisse will be entirely written down – regulator [ad_2] Source link
[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: The U.S. leading economic index fell 0.3% in February — the 11th decline in a row — continuing to signal an upcoming recession. Economists...
[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] 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] The numbers: The Philadelphia Fed said Thursday its gauge of regional business activity inched up to negative 23.2 in March from negative 24.3 in the...
[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] U.S. stocks ended lower Wednesday, with the Dow Jones Industrial Average falling almost 300 points, as concerns over troubled Credit Suisse Group CS added to...
[ad_1] Oil futures extended a slump Wednesday, with the U.S. benchmark dipping below the $70 level and touching its lowest intraday level since December 2021 as...
[ad_1] U.S. stocks finished sharply higher Tuesday, with the Dow Jones Industrial Average snapping a five-day losing streak as regional banking stocks rose and investors weighed...
[ad_1] Shares of regional banks posted big gains on Tuesday as they regained their footing after huge losses in the previous session, but volatility continued in...
[ad_1] The run on Silicon Valley Bank (SVB) SIVB— on which nearly half of all venture-backed tech start-ups in the United States depend — is in part a...
[ad_1] U.S. stocks opened lower Monday after the government took steps to support the banking system after the collapse of Silicon Valley Bank on Friday sparked...
[ad_1] U.S. regulators came to the rescue of Silicon Valley Bank depositors late Sunday, triggering a modest relief rally in stock-index futures. But investors were left...
[ad_1] U.S. regulators came to the rescue of Silicon Valley Bank depositors late Sunday, triggering a modest relief rally in stock-index futures. But investors were left...
[ad_1] State authorities closed New York-based Signature Bank SBNY, -22.87% on Sunday, after Silicon Valley Bank was shut down by regulators on Friday in the biggest...