markets

The Fed forecasts just one more rate hike this year

The Federal Reserve will hike interest rates just one more time in 2023 before the central bank ends its inflation…

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…

‘Be mindful of your risk’: Money manager tackles Silicon Valley Bank fallout on ETFs

There’s speculation the Silicon Valley Bank collapse could expose problems lurking in ETFs tied to specific sectors. Astoria Portfolio Advisors…

UBS offers to buy Credit Suisse for ‘substantially’ more than $1 billion, sources say

Swiss banking giant UBS on Sunday has entered talks to buy its embattled rival Credit Suisse for “substantially” more than…

UBS buys Credit Suisse for $3.2 billion as regulators look to shore up the global banking system

UBS agreed to buy its embattled rival Credit Suisse for 3 billion Swiss francs ($3.2 billion) Sunday, with Swiss regulators…

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)…

Saudi National Bank loses over $1 billion on Credit Suisse investment

Saudi National Bank is nursing major losses in the wake of the forced takeover of Credit Suisse by UBS to…

Bitcoin briefly tops $28,000 for the first time in 9 months after bank crisis sparks weekend rally

Bitcoin climbed past the $28,000 level over the weekend as investors rediscover its appeal as an alternative banking system. On…

First Republic continues tanking, but other regional banks are rallying on Monday

Shares of First Republic Bank, which have become the barometer of the regional bank crisis, slid once again Monday after…

Stocks making the biggest moves premarket: First Republic, UBS, Enphase Energy

Check out the companies making headlines before the market’s opening bell. First Republic — The bank tumbled about 19% premarket…