Bankruptcy

FTX bankruptcy may affect a million creditors

Bankrupt cryptocurrency exchange FTX said it may have more than a million creditors, including tens of thousands of customers as its assets remain frozen in the Bahamas and criminal probes get underway.

Larry Summers: FTX could be an Enron

Former Treasury Secretary Larry Summers has suggested cryptocurrency exchange FTX's collapse could have similarities to energy firm Enron's scandal.

Credit Suisse seeks to calm market jitters

Credit Suisse Group AG tried to assuage fears about its health in a memo to employees and in a round of phone calls to investors and clients over the weekend.