The Latest Breaking News on Financial Services

Swiss bank’s shares fall to record low as top shareholder Saudi National Bank rules out more funding

The right is claiming that political correctness – not capitalism – caused this financial catastrophe. Really?

Before Thursday, Silicon Valley Bank was regarded as being in “sound financial condition.” But on that day it experienced attempted withdrawals of $42 billion, about a third of its U.S. deposits. By close of business, the run on the bank made it incapable of paying its obligations as they came…

“No plans” to move stock market listing away from London says Pru CEO

The failures at SVB and Signature were two of the three biggest in U.S. banking history

Prosecutors allege a Brisbane woman accepted nearly $2.4 million from hackers and withdrew the money as cash or transferred it to foreign exchanges.

Recent problems facing some banks in the United States had no impact on Thailand so far, Finance Minister Arkhom Termpittayapaisith told reporters on Wednesday.

The 2018 partial rollback of US’s Dodd-Frank is under renewed scrutiny following the failure of California-based lender.

After a frenetic weekend of round-the-clock briefings, U.S. policymakers took the audacious step of guaranteeing all the deposits of the failed Silicon Valley Bank — even those exceeding the Federal Deposit Insurance Corporation's $250,000 limit

Democratic Rep. Ruben Gallego is slamming independent Sen. Kyrsten Sinema for backing a bank deregulation bill he says contributed to the collapse of Silicon Valley Bank

The Silicon Valley Bank failure is the second largest in US history. The bank had controlled more than $175 billion in total deposits.