Thursday, March 16, 2023

Credit Suisse's $50 billion lifeline calms bank panic

An overnight scramble to shore up confidence in Credit Suisse calmed panicked investors on Thursday with shares in Switzerland's second-biggest bank shooting higher in early trade.
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Credit Suisse's $50 billion lifeline calms bank panic
An overnight scramble to shore up confidence in Credit Suisse calmed panicked investors on Thursday with shares in Switzerland's second-biggest bank shooting higher in early trade. Read more »
 
First Republic Bank talking to major banks about a lifeline
First Republic Bank, facing a crisis of confidence from investors and customers, is actively discussing options for a lifeline — including a takeover, according to the Wall Street Journal. Read more »
 
Credit Suisse: Why it's struggling and why that's a big deal
Credit Suisse, the 167-year-old bank and the second-largest lender in Switzerland, is in deep trouble. Read more »
 
Bank fears escalate as Wall Street wonders: Who's next?
The week-old banking crisis showed no signs of concluding Thursday, as European banking behemoth Credit Suisse continued to flirt with a disaster of its own making. Read more »
 
Live updates: Latest on global stock markets
Read more »
 
There's plenty of blame to go around for SVB's collapse
As the dust settles around the shocking collapse of Silicon Valley Bank and analysts begin to assess the damage, an important question has emerged: Who should we blame for this mess? Read more »
 
 
 
 
Dow Nasdaq S&P
+371.98   +283.23   +68.35
32,246.55   11,717.28   3,960.28
+1.17%   +2.48%   +1.76%
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