Wall Street

March’s banking chaos gave short sellers their biggest profits since the financial crisis

Short sellers were sitting on more than $7 billion in profit from the mass sell-off of bank shares by the…

Western Alliance shares cut losses after the bank says deposit outflows are stabilizing

Shares of Western Alliance Bancorp cut steep losses Wednesday after the regional bank gave a new update showing deposit outflows…

‘I am truly sorry’: Credit Suisse chair pleads with angry shareholders at annual meeting

Credit Suisse Chairman Axel Lehmann on Tuesday told shareholders he was “truly sorry” for the collapse that led to the…

BofA reports inflows into global stocks are on a record-setting pace — and ETFs may be a way to play the hot trade

There’s a corner of the market gaining traction among ETF investors, according to The ETF Store’s Nate Geraci. The firm’s…

Investors believe the stock market is set for losses, and cash is best safe haven, CNBC survey shows

Wall Street investors believe the stock market is headed for losses after a positive first quarter, seeing cash as the best…

‘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…