The Latest Breaking News on Financial Services

The U.S. response to Silicon Valley Bank’s failure can offer valuable insights to China’s banking industry, an economist says

As it stands, things are murky: The cap exists, but it could be waived for banks that seem important enough

With a mirror slightly askew in the background, Rep. Katie Porter sat in her Irvine bedroom and flipped on Instagram live as several regional banks teetered on collapse, with depositors frantically seeking to pull money from their accounts.

Investment bank, back office and technology jobs are set to be axed in London after UBS swallowed up Credit Suisse

Oil prices fell on Monday to their lowest in 15 months on concerns risks in the global banking sector may cause a recession that would lead fuel demand to decline and ahead of a potential hike in US interest rates this week. Brent crude futures for May settlement fell $2.32,…

The move will see the branch adopt the style of flagship NatWest branches in cities across England and Wales

The below-market sale of Credit Suisse has spooked investors but other markets have held up well and central banks are working to keep money flowing

Deposits in the country’s banking system are stabilising, Reuters reported citing unnamed US official.

Reserve Bank assistant governor Christopher Kent says Australian banks are on a firm footing despite strained conditions in global financial markets.