U.S. Economy

It’s the U.S., not Europe’s banking system that’s a concern, top economists say

Europe learned its lessons after the financial crisis and is now in a strong position to weather further stress in…

‘Nationalizing bond markets’ left central banks unprepared for inflation, top HSBC economist says

The prolonged period of loose monetary policy after the global financial crisis equated to central banks “nationalizing bond markets,” and…

Biden calls for stricter banking regulations in the wake of SVB, Signature Bank failures

WASHINGTON — President Joe Biden on Thursday urged federal regulators to take up a set of reforms to safeguard the…

Senate Democrats led by Elizabeth Warren press federal bank regulators to implement stronger capital requirements

WASHINGTON — Senate Democrats are pressing federal banking regulators to toughen bank capital requirements following back-to-back congressional hearings where officials…

U.S.-China tech rivalry will continue to put Chinese firms under intense scrutiny

Chinese companies will continue to face intense scrutiny as U.S.-China tensions and competition won’t be easing anytime soon, one analyst…

Fed’s Barr calls Silicon Valley Bank failure a ‘textbook case of mismanagement’

The Federal Reserve’s top banking regulator said Monday that the failure of Silicon Valley Bank was due largely to mismanagement,…

‘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…

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…