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…
Stocks making the biggest moves midday: First Republic, UBS, Virgin Orbit, Dell and more
Check out the companies making the biggest moves midday: First Republic — Shares tanked 47.11% after Standard & Poor’s cut…
JPMorgan advising First Republic on strategic alternatives, including a capital raise, sources say
JPMorgan Chase is advising embattled First Republic Bank on strategic alternatives, sources told CNBC’s David Faber. The alternatives may include…
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…
Stocks making the biggest premarket moves: Tesla, First Republic, UBS, Foot Locker and more
Check out the companies making the biggest moves in premarket trading: Tesla — The electric vehicle maker rose 2% after…
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…
