‘A financial banana republic’: UBS-Credit Suisse deal puts Switzerland’s reputation on the line
The demise of banking giant Credit Suisse sent shock waves through financial markets and appears to have dealt a blow to…
First Republic jumps nearly 30%, leads comeback rally in regional banks Tuesday
First Republic led a comeback rally in regional bank shares Tuesday, as investors hoped for some sort of strategic action…
Silicon Valley Bank collapse was ‘Lehman moment for technology,’ top Goldman Sachs deal-maker says
The collapse of Silicon Valley Bank was a “Lehman moment” for the technology industry, according to a top Goldman Sachs…
Watch Treasury Secretary Janet Yellen speak live to banking conference
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a…
Credit Suisse bondholders prepare lawsuit after contentious $17 billion writedown
A number of Credit Suisse bondholders said Tuesday that they were considering legal action after $17 billion of the bank’s…
Give us your nominations: CNBC is ranking the world’s top fintech companies
CNBC and independent research firm Statista are working together to identify the world’s top fintech companies, to be named in…
Goldman Sachs is using ChatGPT-style A.I. in house to assist developers with writing code
Goldman Sachs is experimenting with generative AI tools internally to help its developers automatically generate and test code, the company’s…
‘Blanket insurance’ of bank deposits is not being discussed, Yellen tells senators
WASHINGTON — Federal bank regulators are not considering any plans to insure all U.S. bank deposits without congressional approval, Treasury…
JPMorgan Chase buys data platform for startups in push to serve venture capital investors
JPMorgan Chase is acquiring a data analytics provider for startup investors called Aumni, CNBC is first to report. The biggest…
