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Elizabeth Warren says Jerome Powell has ‘failed’ at both of his jobs and shouldn’t be Fed chair
FinanceElizabeth Warren says Jerome Powell has ‘failed’ at both of his jobs and shouldn’t be Fed chair
By Tristan BoveMarch 20, 2023
Axel Lehmann, Colm Kelleher
Finance‘A historic, sad and very challenging day’ as Switzerland goes from 2 financial giants to just one and the world banking system teeters
By Jamey Keaten, Ken Sweet and The Associated PressMarch 20, 2023
Piles of U.S. dollars are pictured.
FinanceCentral banks around the world have said they’ll boost the flow of U.S. dollars into the global financial system. Here’s why
By Chloe TaylorMarch 20, 2023
Morgan Stanley’s top strategist says bank failures mark the start of a ‘vicious’ end to the bear market in U.S. stocks
FinanceMorgan Stanley’s top strategist says bank failures mark the start of a ‘vicious’ end to the bear market in U.S. stocks
By Farah Elbahrawy and BloombergMarch 20, 2023
Axel Lehmann, chairman of Credit Suisse Group
FinanceCredit Suisse failure follows years of scandal and mistrust—with an Ohio mattress company playing a role
By Marion Halftermeyer, Myriam Balezou and BloombergMarch 19, 2023
UBS Chairman Colm Kelleher
FinanceUBS on Credit Suisse takeover: ‘We will be de-risking a lot of the tricky businesses that we are inheriting’
By Marion Halftermeyer, Myriam Balezou and BloombergMarch 19, 2023
FDIC building
FinanceNew York Community Bancorp looks to acquire failed Signature Bank
By Matthew Monks, Rachel Butt and BloombergMarch 19, 2023
Credit Suisse chairman Axel Lehmann
FinanceCredit Suisse’s $17B of risky bonds now worthless after takeover by UBS: ‘Those bonds were created for moments like this’
By Tasos Vossos, Colin Keatinge and BloombergMarch 19, 2023
UBS Chairman Colm Kelleher
FinanceUBS to buy Credit Suisse for more than $3B in government-brokered deal aiming to restore confidence
By Marion Halftermeyer, Eyk Henning, Jan-Henrik Förster, Dinesh Nair and BloombergMarch 19, 2023
Elizabeth Warren calls for lifting FDIC insurance cap, possibly into the millions, after SVB failure exposes regional banks risk
FinanceElizabeth Warren calls for lifting FDIC insurance cap, possibly into the millions, after SVB failure exposes regional banks risk
By Tony Czuczka and BloombergMarch 19, 2023
Ulrich Koerner, CEO of Credit Suisse Group.
FinanceCredit Suisse’s riskiest bonds rise after UBS deal to buy troubled lender
By Abhinav Ramnarayan, Irene García Pérez, Tasos Vossos and BloombergMarch 19, 2023
FDIC leans toward Silicon Valley Bank breakup plan, pushes back deadline for bids
FinanceFDIC leans toward Silicon Valley Bank breakup plan, pushes back deadline for bids
By Matthew Monks, Lydia Beyoud and BloombergMarch 19, 2023
Warren Buffett in talks with Biden administration on regional banking crisis, possible investment
FinanceWarren Buffett in talks with Biden administration on regional banking crisis, possible investment
By Saleha Mohsin, Sridhar Natarajan, Josh Wingrove and BloombergMarch 19, 2023
Elizabeth Warren
FinanceThe SVB blame game is infecting Capitol Hill: Democrats and Republicans are pointing the finger at each other
By Kevin Freking and The Associated PressMarch 19, 2023
Switzerland mulls nationalization of Credit Suisse as UBS’s $1 billion offer deemed too low
FinanceSwitzerland mulls nationalization of Credit Suisse as UBS’s $1 billion offer deemed too low
By Jan-Henrik Förster, Eyk Henning, Marion Halftermeyer, Dinesh Nair and BloombergMarch 19, 2023
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The U.S. military set up an improvised airfield deep inside Iran to rescue the F-15 airman. Marines just practiced building one in the desertplaceholder alt text
By Fortune EditorsApril 5, 2026
Energy
'It’s shocking how poorly prepared the administration is': DOGE gutted major energy personnel who warn the U.S. has lost key insights amid Iran warplaceholder alt text
By Fortune EditorsApril 5, 2026
Politics
During the rescue of the F-15 airman in Iran, the U.S. military blew up two of its own transport planes that had to be left behindplaceholder alt text
By Fortune EditorsApril 5, 2026
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