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Credit Suisse crisis fuels another weekend of dread as fear of ‘unknown unknowns’ mounts among traders, money managers
Finance

Credit Suisse crisis fuels another weekend of dread as fear of ‘unknown unknowns’ mounts among traders, money managers

By Thyagaraju Adinarayan, Abhinav Ramnarayan, Priscila Azevedo Rocha and Bloomberg
March 18, 2023
Bank crisis will tip U.S. into hard landing after all, says Apollo’s chief economist: ‘I changed my view’
Finance

Bank crisis will tip U.S. into hard landing after all, says Apollo’s chief economist: ‘I changed my view’

By Vildana Hajric, Michael P. Regan and Bloomberg
March 18, 2023
Bernie Sanders says SVB’s CEO was on the regional Fed board overseeing it, plans bill to ‘end this conflict of interest’
Finance

Bernie Sanders says SVB’s CEO was on the regional Fed board overseeing it, plans bill to ‘end this conflict of interest’

By Kate Davidson and Bloomberg
March 18, 2023
Meta CEO Mark Zuckerberg
Tech

Silicon Valley’s hubris nearly ruined the U.S. economy

By
March 18, 2023
Crypto bank Protego didn’t meet all requirements for national trust charter, OCC says
Regulators

Crypto bank Protego didn’t meet all requirements for national trust charter, OCC says

By
March 17, 2023
Exterior of the Bank of England in London
Commentary

Inside ‘Operation Yeti’: How U.K. tech fought back against a run down the Valley—and survived SVB’s collapse

By
March 17, 2023
Diversity is not hurting the financial sector. Inclusive organizations are getting their money’s worth–and disproving DEI’s expendability narrative
Commentary

Diversity is not hurting the financial sector. Inclusive organizations are getting their money’s worth–and disproving DEI’s expendability narrative

By
March 17, 2023
Federal Reserve Building in Washington, DC.
Finance

Cash-strapped banks borrowed $300 billion from the Fed’s emergency funds over the past week amid the global financial turmoil

By Christopher Rugaber and The Associated Press
March 16, 2023
Barney Frank
Finance

‘The great mystery here is why the supervision was AWOL at Silicon Valley Bank’: Wall Street and DC point fingers amid burbling banking crisis

By Paul Wiseman, Ken Sweet and The Associated Press
March 16, 2023
Founders Fund founder and PayPal co-founder Peter Thiel
Finance

Peter Thiel is swearing he kept $50 million of his personal fortune at SVB while his Founders Fund bailed on the bank

By
March 16, 2023
NYSE trader
Finance

First Republic Bank down 74% this week as small bank stocks continue to get crushed on Wall Street

By Stan Choe and The Associated Press
March 16, 2023
Janet Yellen
Finance

Janet Yellen insists the banking system ‘remains sound’ days after 2 of the 3 largest bank failures in American history

By Fatima Hussein and The Associated Press
March 16, 2023
The trading floor of the New York Stock Exchange on the day of the Wall Street crash, October 29, 1929.
Finance

After Twitter played a massive role in a historic $42 billion bank run, Elon Musk mused it was like 1929

By
March 15, 2023
Credit Suisse
Finance

Credit Suisse is talking to the Swiss state about how to stabilize its stock after a record drop, sources say

By
March 15, 2023
‘Dr. Doom’ Nouriel Roubini warns that ‘contagion’ from U.S. bank failures and Credit Suisse’s problems could spread globally
Finance

‘Dr. Doom’ Nouriel Roubini warns that ‘contagion’ from U.S. bank failures and Credit Suisse’s problems could spread globally

By
March 15, 2023

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