From SVB’s sudden collapse to Credit Suisse fallout: 8 charts show financial market turmoil

From SVB’s sudden collapse to Credit Suisse fallout: 8 charts show financial market turmoil

A tumultuous week in U.S. financial markets ended on an uncertain note on Friday after a massive injection of $30 billion in deposits from major banks into First Republic Bank failed to calm investors. Last week, the sudden collapse of three US banks – Silvergate Capital, Signature Bank SBNY and Silicon Valley Bank – began … Read more

Banking sector jitters could spell more pain for stocks as the Fed’s battle with inflation continues

Banking sector jitters could spell more pain for stocks as the Fed’s battle with inflation continues

The aftershocks of the collapse of three U.S. banks in less than a week could be more painful for stocks in the coming weeks by creating new hurdles for the Federal Reserve in its fight against inflation, strategists from the market. US authorities, including the Fed, Treasury and Federal Deposit Insurance Corp., jointly announced on … Read more