Cryptoverse: Bitcoin passes the bank stress test
As crisis stalks the traditional world of stocks and bonds, bitcoin is suddenly looking like a safe haven.
Goldman Sachs expects commodities supercycle
Goldman Sachs expects a commodities supercycle driven by China and the capital flight from energy markets and investment this month after concerns triggered by the banking sector, the U.S.
Credit Suisse tells Hong Kong clients to 'embrace new reality'
Days after it was rescued in an emergency buyout, Credit Suisse gathered hundreds of clients in an upscale Hong Kong hotel on Tuesday for a glitzy investment conference where they were told to "embrace the new reality".
Expert reveals steps tech start-ups can take to avoid the financial risks like the SVB collapse
The Silicon Valley Bank collapse proved how important it is for tech start-ups to have measures in place to manage their financial risks, with Charles Fletcher, Partner at Michon De Raya, advising businesses on how they could accomplish this.
Investment analysis expert reveals surprising similarities between young and old investors
Emma Wall of Hargreaves Lansdown reveals younger investors are more interested in tech investments while the older generation are more likely to invest in pharma companies.
Oil prices stabilize as banking deal eases some worries about crude appetite
Oil prices stabilised on Tuesday after falling early in the previous session on investor worries that recent banking-sector problems would weigh on the global economy and limit demand for crude.
Uncertainty reigns as Fed considers interest rate hike
Traders and economists remain split on whether the Federal Reserve will raise its benchmark policy rate on Wednesday.
Credit Suisse's buyout by Swiss-rival UBS results in further panic throughout global banking system
Hargreaves Lansdown's Susannah Streeter has spoken on UBS's $3.23 billion purchase of Credit Suisse with the latter having been saved by its domestic rival.
SVB collapse: experts worry that 'fall-out risks spreading' as bank stocks plummet
After Silicon Valley Bank collapsed, the failure of regulatory action to stop declines in bank stocks prompted alarm on both sides of the Atlantic.
Bitcoin climbs to 9-month high as bank turmoil sparks rally
Bitcoin climbed to a nine-month high on Monday as turmoil in the banking sector drives some investors to turn to digital assets, as the cryptocurrency built on its best week in four years.
Credit Suisse buyout faces harsh criticism at home
UBS's emergency takeover of its troubled Swiss rival Credit Suisse, with significant backing and arm-twisting from Bern, sparked fears Monday it could weaken the country's biggest bank and financial sector as a whole.
Two weeks of banking turbulence
The turmoil begins the night of March 8 with a liquidation announcement from Silvergate Bank, a US regional lender and favourite among the cryptocurrency crowd.
Europe's bank bonds battered after Credit Suisse debt wipeout
European bank bonds slumped on Monday following the state-backed rescue of Credit Suisse by UBS as a wipeout of some bondholders raised concerns around broader bank capital and also hammered bank shares.
Gold flirts with record highs after topping $2000 an ounce
Gold traded at record highs in some currencies on Monday and neared all-time peaks in U.S.
Asian stocks drop despite Credit Suisse buyout, central banks' pledge
Wall Street titans including JP Morgan, Bank of America and Citigroup pledged to inject $30 billion into under-pressure lender First Republic Bank.
Credit Suisse: a bank sunk by scandals
The catalogue of troubles began with the 2021 collapse of Greensill, a British financial firm specialised in short-term corporate loans via a complex and opaque business model.
Oil edges up on historic Swiss banks deal, central banks support
Oil prices rose on Monday after suffering their biggest weekly loss in months as UBS struck a deal to buy Credit Suisse and some of the world's largest central banks sought to reassure and stabilise global financial markets.
Silicon Valley Bank's parent company cut off from bank's records
SVB Financial, the bankrupt parent company of Silicon Valley Bank, has lost access to its financial records after the bank was placed into receivership by the Federal Deposit Insurance Corporation (FDIC).
Global central banks open daily dollar taps to help banks
Top central banks, faced with the risk of a fast-moving loss of confidence in the stability of the financial system, moved on Sunday to bolster the flow of cash around the world.
Asia stocks steady as Credit Suisse buyout brings relief
Asian stocks steadied and U.S futures rose on Monday in relief at a weekend rescue deal for Credit Suisse and a concerted effort from central banks to shore up the mood, though trade was tense and volatile as contagion fears stalked financial shares.
Credit Suisse takeover, central bank action calm jittery markets
Moves by authorities to avert a global banking crisis appeared to have lifted market confidence on Monday as investors welcomed emergency dollar liquidity from top central banks and a historic Swiss-backed acquisition of troubled Credit Suisse by UBS Group.
Crunch time for Credit Suisse talks as UBS seeks Swiss assurances
Talks over rescuing Credit Suisse rolled into Sunday as UBS AG sought $6 billion from the Swiss government to cover costs if it were to buy its struggling rival, a person with knowledge of the talks said.
Japan, Germany agree to carefully monitor markets, coordinate as needed
Japan and Germany agreed on Saturday to coordinate closely on financial jitters stemming from problems among Western banks while carefully monitoring global markets and economy.
Biden says banking crisis has calmed down
U.S. President Joe Biden said on Friday the banking crisis has calmed down after the recent collapse of Silicon Valley Bank (SVB) and Signature Bank.
JPMorgan's Jamie Dimon plays key role in bank rescue, in echo of 2008
JPMorgan's Jamie Dimon plays key role in bank rescue, in echo of 2008
Credit Suisse meets to weigh options, under pressure to merge with UBS
Credit Suisse Group AG began a make-or-break weekend after some rivals grew cautious in their dealings with the bank as regulators urged it to pursue a deal with Swiss rival UBS AG.
Stock markets recover further on easing bank fears
Asian and European stock markets mostly rose Friday, extending a global rally, as traders welcomed a multi-billion-dollar show of support for troubled banks aimed at soothing concerns about contagion in the sector.
Crypto-linked bank failures fuel regulation debate
The global cryptocurrency industry has been slammed by setbacks, scandals and high-profile failures in recent months, sparking a regulatory rush to protect consumers from fraud and scams.
Analysis: UK businesses mull moving cash after SVB chaos
British banks are seeing a pick-up in enquiries to switch cash between institutions after the collapse of U.S.
Goldman Sachs, other banks expect smaller hike from ECB in May
Goldman Sachs, Morgan Stanley and at least two other banks expect the European Central Bank to deliver a smaller quarter-point hike in May, as it grapples with stress in the banking sector and high core inflation.