Banking

Binance is shopping to find a banking partner since the two financial institutions it used failed in the recent crisis leaving them unable to handle its customers' cash.

A lawsuit has been filed citing the auditor and underwriters concerning the collapse of Silicon Valley Bank. The complaint was filed Friday in a San Francisco federal court.

The culprit responsible for high inflation was profligate government spending in the form of multitrillion-dollar spending bills sold as "COVID relief" and "infrastructure."

JPMorgan Chase CEO Jamie Dimon said that turmoil within the banking system has raised the odds that the U.S. economy tumbles into a recession this year.

Federal Reserve Bank of St. Louis President James Bullard said Thursday that banks will not tighten credit enough to send the U.S. economy into a recession.

Investors and analysts care about CMBS prices in large part because of what they signal about a much larger universe of commercial real-estate loans that aren’t sliced into securities.

Small businesses could soon see lines of credit canceled from banks as the global banking crises, inflationary pressures and rising interest rates slow commercial lending.

The Bank of North Dakota's unique position as the only U.S. bank owned and operated by a state has drawn attention as a potential alternative structure amid the recent banking crisis.

Western Alliance Bancorp's first-quarter deposits were 11% lower than at the end of 2022, as customers spooked by the sudden collapse of two U.S. lenders pulled out funds.

Following recent banking closures, Fannie Mae predicts a recession will take place in the second half of 2023. Meanwhile, Americans continue dealing with an uncertain interest rate environment and high inflation.

Credit Suisse Chairman Axel Lehmann and CEO Ulrich Korner on Tuesday addressed the Switzerland-based bank’s near-collapse and UBS’s planned takeover of it.

Sales over the past three years by the bank’s chairman, its former chief executive officer and his successor accounted for about half of the amount sold.

U.S. bank deposits fell year-over year in 2022 as debt reached record highs, according to reports. Inflation and rising interest rates contributed to these trends and persist today, triggering fears of banking collapses and recession.

JPMorgan Chase CEO Jamie Dimon wrote about the collapse of Silicon Valley Bank and ongoing turmoil within the financial sector in a letter to shareholders.

Silicon Valley Bank and Signature Bank collapsed in March, triggering widespread fears of a domino effect among other mid-sized regional banks in the U.S.

Switzerland's top prosecutor is opening an investigation into the UBS Group's acquisition of Credit Suisse, a storied institution facing complete collapse despite bailouts.

U.S. financial institutions borrowed less money from the Federal Reserve last week, early evidence that banking turmoil may be starting to dissipate.

As banks stabilize, investors and analysts warn that bond markets will become vulnerable to a reversal should the Fed resume its inflation-fighting efforts.

Silicon Valley Bank's collapse is prompting scrutiny of the bank's poor risk management and regulators' failure to get the bank to change course before its implosion.

Mergers & Acquisitions fell drastically in the first quarter as banking concerns, rising interest rates and inflation took a toll.