Moody’s Investor’s Service has responded to a “rapidly deteriorating operating environment” in the US banking system by downgrading the entire sector from stable to negative, despite regulator’s efforts to shore…

After Credit Suisse announced it had found “material weaknesses” in its financial reporting processes for 2022 and 2021, shares of the bank fell to a new all-time low. The disclosures…

Ken Griffin, founder of the Citadel hedge fund, has said the intervention by the US Government in the banking crisis unfolding in the United States marks the beginning of the…

Following the failures of US banks Silicon Valley Bank and Signature Bank, shares in the US financial and brokerage firm Charles Schwab fell Monday, as fears reverberated through the financial…

As investors weighed the consequences of the recent spate of banking failures in the US, European markets sank Monday, led down by banking stocks. In the US three major banks,…

In an effort to prevent a potential banking crisis Sunday, US regulators shut down NY-based Signature Bank, a major lender which focused on lending in the crypto-industry. The US Treasury,…

On Thursday, the Financial Times reported that executives at major banks in Switzerland are warning that the nation’s decision to support Western sanctions against Russia is having a negative effect…

On Saturday, Bill Ackman, the billionaire US investor and hedge fund manager, warned there would be dire consequences for the banking sector and the broader economy due to the collapse…

Just hours before regulators moved in to take control of the failing Silicon Valley Bank, bank employees were given their annual bonuses, according to people with knowledge of the payments.…

On Friday, the Federal Deposit Insurance Corp. announced that financial regulators had closed Silicon Valley Bank (SVB) and seized its deposits, in the largest US bank failure since the 2008…