United States

European lawmakers are quietly miffed at U.S. regulators over SVB’s collapse

U.S. regulators made mistakes in failing to prevent the collapse of Silicon Valley Bank and other financial institutions, according to…

Regional bank shares fall as Fed persists with rate hikes despite industry turmoil

Regional bank stocks spiraled lower Wednesday as investors weighed the Federal Reserve’s latest interest rate hike and commentary about the…

Biden used first veto to save a 401(k) investment rule. Here’s what it does

President Joe Biden used his first veto to preserve a recent U.S. Department of Labor rule about investment choice in…

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…

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…

‘Blanket insurance’ of bank deposits is not being discussed, Yellen tells senators

WASHINGTON — Federal bank regulators are not considering any plans to insure all U.S. bank deposits without congressional approval, Treasury…

Trump grand jury live updates: Manhattan DA will bring panel back Thursday

This is CNBC’s live blog tracking developments Wednesday in the New York grand jury investigation of former U.S. President Donald…