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- Apr 26, 2023
- 2 min
First Republic Bank Faces Seizure by US Government Following $100bn in Depositor Withdrawals
First Republic Bank, a San Francisco-based lender, has seen its shares plummet to a record low after the bank revealed that depositors...
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- Mar 27, 2023
- 2 min
First Citizens Bank acquires Silicon Valley Bank in FDIC-backed deal
First Citizens Bank and Trust Company has entered into a loss-share transaction with the US Federal Deposit Insurance Corporation (FDIC)...
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- Mar 18, 2023
- 2 min
HSBC under fire as SVB UK hands out £15m in bonuses after rescue deal
HSBC has come under fire after it was revealed that Silicon Valley Bank's UK arm, which was recently acquired by the bank, handed out...
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- Mar 15, 2023
- 2 min
Credit Suisse's stock hits new all-time low for second day as SNB withdraws further help
Credit Suisse shares plunged to a fresh all-time low for the second consecutive day on Wednesday, as a top investor in the Swiss bank...
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- Mar 14, 2023
- 2 min
Credit Suisse reports "material weaknesses" in internal controls over financial reporting and custom
Credit Suisse, one of Switzerland's largest banks, has identified "material weaknesses" in its internal controls over financial...
219 views0 comments