Nearly $100 billion in deposits pulled from banks; officials call system ‘sound and resilient’
Regulators again assured the public that the banking system is safe, as fresh data showed customers recently pulled nearly $100…
Key lawmakers say upcoming hearings on bank failures aim to boost U.S. confidence in banking sector
WASHINGTON — A bipartisan group of lawmakers overseeing the recent turmoil in the banking sector said Wednesday that they aim…
Deutsche Bank is not the next Credit Suisse, analysts say as panic spreads
Deutsche Bank shares slid Friday while the cost of insuring against its default spiked, as the German lender was engulfed…
Deutsche Bank shares slide after sudden spike in the cost of insuring against its default
Deutsche Bank shares fell on Friday following a spike in credit default swaps Thursday night, as concerns about the stability…
The Swiss claim the U.S. banking crisis ultimately toppled Credit Suisse. But are they right?
Following Credit Suisse‘s “emergency rescue” by rival UBS, Swiss authorities placed a heavy emphasis on the role of U.S. regional…
Banks ramp up use of new Fed facility created during crisis
American banks deepened their reliance on a new Federal Reserve lending program created after the collapse of Silicon Valley Bank…
Senators call on former Silicon Valley Bank, Signature Bank CEOs to testify
WASHINGTON — Bipartisan leaders of a Senate committee investigating the failures of Silicon Valley Bank and Signature Bank called Thursday…
European lawmakers are quietly miffed at U.S. regulators over SVB’s collapse
U.S. regulators made mistakes in failing to prevent the collapse of Silicon Valley Bank and other financial institutions, according to…
Swiss regulator defends controversial $17 billion writedown of Credit Suisse bonds
Swiss regulator FINMA on Thursday defended its decision to instruct Credit Suisse to write down its AT1 bonds — a…
