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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…
Finance

This ominous trend spells a hard landing for economy

Politics

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…
Finance

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,…
Finance

‘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…
Finance

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…
Finance

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…
Finance

TikTok wants to distance itself from China — but Beijing is getting involved

BEIJING — China says it would “strongly oppose” a forced sale of TikTok, making clear the government’s involvement with the…
Politics

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…
Politics

Watch: Moderna CEO Stephane Bancel testifies before Senate on Covid vaccine price hike

(The hearing is scheduled to start at 10 a.m. ET. Please refresh the page if the video doesn’t automatically play…