Credit Suisse faces lawsuits from US shareholders for allegedly concealing financial woes
U.S. shareholders have filed lawsuits against Credit Suisse alleging the bank misled customers about its financial status and violated securities laws in the process.
ECB backs rate hike despite banking sector chaos
The European Central Bank announced another big spike in interest rates as the global banking sector reels from SVB, Credit Suisse and potential bank collapses.
Stuart Varney: Biden needs to define what 'winning' is
FOX Business' Stuart Varney reacted to Russian jets downing an American drone amid its conflict with Ukraine, arguing Biden needs to define what "winning" the war looks like.
Silicon Valley Bank reckless with risk, ESG push: State Financial Officers
The State Financial Officers Foundation is criticizing the now-failed Silicon Valley Bank for failing to properly manage risk while pursuing ESG initiatives.
FBI arrests exiled Chinese social media mogul in alleged $1B fraud scheme used to fund luxurious NYC lifestyle
The FBI arrested exiled Chinese businessman Ho Wan Kwok, also known as "Miles Guo," in an alleged $1 billion fraud scheme used to fund his luxurious lifestyle in the New York City area.
SVB, Signature Bank donated primarily to Democrats in the past two election cycles before bank collapse
Silicon Valley Bank and Signature Bank donated primarily to Democrat candidates and groups over the past few years leading to their closure.
Stuart Varney: Would Biden risk the inevitable backlash from a banking bailout?
FOX Business' Stuart Varney discussed how President Biden might handle the U.S. banking crisis as the stock market tumbles and bank worries spread to Europe.
Silicon Valley Bank donated millions to Black Lives Matter-related groups, social justice causes, records show
Online records show Silicon Valley Bank invested heavily in groups related to the Black Lives Matter movement and other social justice causes in the years before its collapse.
Food, rent and energy prices remain high in February inflation breakdown
Inflation fell but remained persistently high in February, squeezing Americans in the form of higher prices for basic necessities like groceries and rent.
Silicon Valley Bank collapse would have been 'prevented' if not for Trump deregulation, Senate Democrat says
The leading Democrat on the congressional Joint Economic Committee blamed regulatory rollback under former President Donald Trump for Silicon Valley Bank's collapse.
Silicon Valley Bank collapse under investigation by Justice Department
The Department of Justice and the Securities Exchange Commission are reportedly launching investigations into the collapse of Silicon Valley Bank and stock trades made by the bank's officers.
Mexican Mafia members run profitable illegal Los Angeles casinos from behind bars: 'Hidden in plain sight'
Illegal casinos in Los Angeles that are overseen by incarcerated members of the Mexican Mafia are flourishing in the city, according to the LA County Sheriff's Office.
Silicon Valley Bank committed 'one of the most elementary errors in banking,' Larry Summers says
Former Treasury Secretary Larry Summers said Silicon Valley Bank made an "elementary" mistake in banking that led to its collapse and takeover by federal regulators.
DOJ sues Rite Aid for alleged involvement in opioid crisis
The Justice Department filed a lawsuit against Rite Aid for allegedly filling out "hundreds of thousands" of unlawful prescriptions, contributing to the opioid crisis.
Silicon Valley Bank collapse: Here's who benefited from their executive, PAC donations
Executives at Silicon Valley Bank, which failed on Friday, have primarily donated to Democrat politicians, filings show. Its PAC has also sent thousands to mainly Democrats.
Regional banks 'reasonably stable' but regulators need to provide 'more clarity': former FDIC chair
Former FDIC Chair Sheila Bair said regional banks appear to be stable overall but urged regulators to provide more clarity about the reasoning behind their actions.
Silicon Valley Bank: Fed says Vice Chair for Supervision to review what led to collapse
The Federal Reserve Board says Vice Chair for Supervision Michael S. Barr will lead a review of the supervision and regulation of Silicon Valley Bank.
Silicon Valley Bank collapse: GOP's Vivek Ramaswamy says more regulation would encourage ‘crony capitalism’
Republican 2024 presidential contender Vivek Ramaswamy believes that more regulation of the financial industry in the wake of the Silicon Valley Bank would encourage crony capitalism.
Signature Bank shut down in connection with Silicon Valley Bank collapse
Federal regulators said Sunday Signature Bank has been shuttered, marking the second massive bank failure after the collapse of Silicon Valley Bank last week.
Feds hold auction for failed Silicon Valley Bank, move to protect uninsured depositors
Federal financial regulators are moving to reassure depositors at Silicon Valley Bank with a special backstop as they pursue the failed bank's sale through an auction.