Bankruptcy

Deutsche Bank shares sink: What to know

Shares for Deutsche Bank are down Friday amid concerns the German bank will pay higher costs for financial derivatives, called credit default swaps that insure bondholders against banks defaulting on debt.

US moving into a recession: Nancy Lazar

Piper Sandler chief global economist Nancy Lazar discusses her outlook for the markets after White House press secretary Karine Jean-Pierre said the economy is ‘strong.'

PacWest shares sink despite liquidity lift

Shares are down for PacWest after subsidiary Pacific Western Bank said deposits are stable after receiving 1.4 billion from investment firm Atlas SP Partners.