: Fed coordinates with global banks to to ease dollar-funding as banking crisis intensifies
The Federal Reserve and a quintet of global central banks on Sunday announced a coordinated effort to ease a fast-growing banking crisis, in the hours...
: U.S. stock-market futures edge higher after historic deal to rescue Credit Suisse
U.S. stock-index futures opened with modest gains Sunday evening as investors assessed a historic deal to rescue troubled Swiss lender Credit Suisse as authorities scrambled...
: Fed had expressed its concerns over Silicon Valley Bank for a year: report
Serious weaknesses first found in 2021, New York Times reports; FDIC reportedly to relaunch SVB sale this week in two parts
: Bitcoin surges past $28,000 after UBS deal to buy Credit Suisse
Bitcoin surged on Sunday night after the announcement that UBS will buy Credit Suisse, setting the stage for a potential risk-on rally. Bitcoin BTCUSD recently...
: Yellen, Powell and Lagarde praise fast action by Swiss officials to ensure Credit Suisse deal
U.S. and European officials were quick to praise Swiss authorities for helping hammer out UBS’s UBSCH:UBSG $3.25 billion deal to buy embattled rival Credit Suisse...
: Saudis, Qataris and Norway to see big losses on UBS deal for Credit Suisse
The Saudi National Bank is nursing big losses after Credit Suisse agreed to be taken over by UBS
: UBS reaches deal to buy Credit Suisse for more than $2 billion
Struggling Swiss banking giant Credit Suisse has agreed to be bought by its arch-rival UBS at a discount to Friday's close price, after seeing a...
: UBS reportedly reaches deal to buy Credit Suisse for more than $2 billion
UBS UBS will buy Credit Suisse for more than $2 billion in an all-stock deal, the Financial Times reported, citing people with direct knowledge of...
Market Snapshot: What’s at stake for stocks, bonds as Federal Reserve weighs bank chaos against inflation fight
Markets may be in a vulnerable position ahead of the Federal Reserve’s meeting this week, as traders bet the banking crisis could lead to interest-rate...