Silicon Valley Bank’s collapse will not be a one-off – a banking crisis was long overdue
We now know what happens when central banks raise rates and reverse QE
US banks want socialism for themselves – and capitalism for everyone else
When banks like Silicon Valley Bank collapse, money floods to bigger ones like JPMorgan. Clients know they’re ‘too big to fail’
Interest rate rises in doubt as fear of new global crisis rattles central banks
Concern about trouble in finance sector, plus renewed momentum in UK economy, could halt rises City analysts thought were a certainty
Millions paid in bonuses to UK Silicon Valley Bank staff days after £1 rescue
Workers reported to have received payouts from ‘modest’ pool of £15m-£20m following takeover deal by HSBC
Bank runs, bailouts, rescues: are the ghosts of 2008 rising again?
The travails of Credit Suisse and others have stirred up bad memories for a public still scarred by the financial crisis
UBS in talks to take over all or part of Credit Suisse as share prices fall – report
The troubled bank continued to see its price fall despite a $54bn cash infusion from the Swiss national bank
Credit Suisse shares continue to fall despite efforts to calm nerves
Lifelines handed to Swiss bank and US regional bank First Republic fail to ease investor concerns
SVB parent files for bankruptcy; Credit Suisse shares slide again amid banking crisis – as it happened
European and US banking shares fall, with Credit Suisse down 12% as sentiment remains fragile
Silicon Valley Bank’s parent company files for bankruptcy
SVB Financial Group files for chapter 11 protection but failed Silicon Valley Bank, now under FDIC control, is not part of bankruptcy
What is happening in financial markets and could there be a global crisis?
Banking system is reeling from a series of shocks but is in better shape than at time of 2008 crash
Silicon Valley Bank said it was too small to need regulation. Now it’s ‘too big to fail’
Student debts and underwater mortgages are private burdens, but corporate losses are matters of urgent public interest
Former Barclays boss Jes Staley to face US deposition over Epstein ties
JP Morgan to depose ex-employee as part of lawsuit claiming he hid key information about sex trafficker client
Credit Suisse hit by legal action from US investors amid banking turmoil
Complaint claims bank made ‘materially false and misleading statements’ in 2021 annual report
Friday briefing: How to understand Credit Suisse, Silicon Valley Bank and fears of a new crisis
In today’s newsletter: We’re far from financial crisis territory, but share crashes have caused some fright in the markets. This is why
US banks launch $30bn rescue of First Republic to stem spiraling crisis
Bank of America, Goldman Sachs, JP Morgan agree to prop up troubled bank after its shares tumbled amid wider turmoil