The Latest Breaking News on Financial Services

"You look at it differently now. You’d never thought this would have happened in the smaller banks," Manchin said

The Swiss lender is deemed ‘systemically important’ so the jittery markets are studying the bank carefully – very carefully

U.S. producer prices and retail sales both declined in February, giving Federal Reserve officials more room to potentially pause interest-rate hikes as they weigh the impact of a banking crisis against inflation risks.

"I said no. When they asked Sen. Sinema, she asked how much—and voted yes," says Rep. Ruben Gallego

Plunge in bank’s share price adds to fears over weaknesses in banking sector following collapse of SVB

During his murder trial, Alex Murdaugh testified that Russell Laffitte was not involved in his multi-million-dollar fraud schemes

Is there any reason to be worried about bank failures after the government-ordered closings of Silicon Valley Bank and Signature Bank? And what can you do to protect yourself?

What made the failure of Silicon Valley Bank unique compared to past failures of large banks was how quickly it collapsed

Larry Fink tells investors more ‘shutdowns and seizures’ in US possible and predicts inflation and interest rates to rise

The Federal Reserve's plan to expand oversight of lenders after the collapse of SVB Financial Group and Signature Bank is a move in the right direction. While it will likely be a laborious process, there is also an easy fix.

The poor risk management at Silicon Valley Bank is stunning. But what went wrong is actually pretty common. There is often confusion about what makes a safe asset versus a risky one, and guessing wrong is often at the core of financial blow-ups. Safe assets, as we properly define them,…