Swiss central bank promises regulation review after collapse of Credit Suisse
The Swiss National Bank on Friday pledged to review banking regulations during its annual general meeting in Bern, following recent…
Barclays posts 27% rise in net profit for the first quarter, beats expectations
LONDON — Barclays on Thursday reported net profit of £1.78 billion ($2.2 billion) for the first quarter, beating expectations and…
Deutsche Bank logs 11th straight quarterly profit, reveals job cuts
Deutsche Bank on Thursday reported a net profit of 1.158 billion euros ($1.28 billion) for the first quarter, emerging from…
Bankers’ pitch to save First Republic: Help us now, or pay more later when it fails
The best hope for avoiding a collapse of ailing lender First Republic hinges on how persuasive one group of bankers…
Standard Chartered CEO warns of risks in the banking sector that haven’t ‘come home to roost’
Standard Chartered‘s chief executive warned Monday that the banking sector may face fresh issues, even as the immediate risks from…
Social media raises bank run risk, fueled Silicon Valley Bank’s collapse, paper says
After the sudden end of Silicon Valley Bank in March, market participants were quick to point out the role social…
Credit Suisse logged asset outflows of more than $68 billion during first-quarter collapse
Credit Suisse on Monday revealed that it suffered net asset outflows of 61.2 billion Swiss francs ($68.6 billion) during the…
‘Utterly irresponsible’: SVB failure was caused by a banking — not tech — crisis, top VC says
LONDON — The collapse of Silicon Valley Bank was the result of a crisis in banking rather than technology, according…
Veteran investor David Roche says a credit crunch is coming for ‘small-town America’
The banking turmoil of March, which saw the collapse of several regional U.S. lenders, will lead to a credit crunch…
