‘I am truly sorry’: Credit Suisse chair pleads with angry shareholders at annual meeting
Credit Suisse Chairman Axel Lehmann on Tuesday told shareholders he was “truly sorry” for the collapse that led to the…
March’s bank failures show options can be tricky even when retail traders pick big winners
The sudden failures of Silicon Valley Bank and Signature Bank last month created a nervous waiting game for options investors,…
BofA reports inflows into global stocks are on a record-setting pace — and ETFs may be a way to play the hot trade
There’s a corner of the market gaining traction among ETF investors, according to The ETF Store’s Nate Geraci. The firm’s…
Google founder, former Disney exec to get subpoenas in JPMorgan Epstein lawsuit
Google founder Sergey Brin, former Disney executive Michael Ovitz, Hyatt Hotels executive chairman Thomas Pritzker and a fourth billionaire, real…
San Francisco Fed leader Daly likely not a major player in SVB saga, officials say
San Francisco Fed President Mary Daly, whose district saw the second-largest bank failure in U.S. history and who has become…
Sen. Elizabeth Warren says she wants to make banking boring again
Sen. Elizabeth Warren wants banking to be “boring” again following the failures of Silicon Valley Bank and Signature Bank. “What…
It’s the U.S., not Europe’s banking system that’s a concern, top economists say
Europe learned its lessons after the financial crisis and is now in a strong position to weather further stress in…
‘Nationalizing bond markets’ left central banks unprepared for inflation, top HSBC economist says
The prolonged period of loose monetary policy after the global financial crisis equated to central banks “nationalizing bond markets,” and…
China’s banking troubles are not the same as Silicon Valley Bank, economist says
BO’AO, China — China’s small banks have problems — but they don’t carry the same risks as those exposed by…
