‘Be very vigilant’: Bank of England chief says the market is testing banks to identify weakness
LONDON — Bank of England Governor Andrew Bailey on Tuesday vowed to be “very vigilant” amid ongoing volatility and suggested…
‘The first bank crisis of the Twitter generation’: The pressure on banks is very different from 2008
LONDON — Turbulence across the banking sector has prompted the question of whether we are teetering on the edge of…
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…
Bank of England hikes interest rates by 25 basis points after inflation surprises
LONDON — The Bank of England on Thursday hiked interest rates by 25 basis points as it grapples with persistent…
Fed hikes rates by a quarter percentage point, indicates increases are near an end
WASHINGTON — The Federal Reserve on Wednesday enacted a quarter percentage point interest rate increase, expressing caution about the recent…
Fail or sale? What could be next for stricken Credit Suisse
Credit Suisse may have received a liquidity lifeline from the Swiss National Bank, but analysts are still assessing the embattled…
UBS shares reverse losses, Credit Suisse craters 55% after takeover deal
UBS shares staged a remarkable rally Monday afternoon, reversing steep losses after the bank’s 3 billion Swiss franc ($3.2 billion)…
UK inflation rate breaks 3-month stretch of declines with surprise rise to 10.4%
U.K. inflation unexpectedly jumped in February, as food and energy bills continued to rise, placing further pressure on households. The…
Here’s everything the Federal Reserve is expected to do Wednesday
(Follow our live coverage of the Fed rate decision today.) Update: The Federal Reserve on Wednesday enacted a quarter percentage point interest…
European Central Bank hikes rates despite market mayhem, pledges support if needed
The European Central Bank on Thursday announced a further rate hike of 50 basis points, signaling it is ready to…
