The Swiss government has put a stop to some Credit Suisse banker bonuses after public backlash over the state-engineered rescue plan

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Chairman of the Board of Directors of UBS, Colm Kelleher and Chairman of the Board of Directors of Credit Suisse, Axel Lehmann attend a news conference on Credit Suisse after UBS takeover offer, in Bern, Switzerland, March 19, 2023.
Colm Kelleher, the chairman of UBS, looks to shake hands with Axel Lehmann, his counterpart at Credit Suisse, on Sunday.

Denis Balibouse/Reuters

First Republic and other regional bank stocks surge as Yellen sees crisis 'stabilizing' and big lenders eye more support

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A man rides a bicycle past the First Republic Bank branch in Santa Monica, California.
A man rides a bicycle past the First Republic Bank branch in Santa Monica, California.

PATRICK T. FALLON/AFP via Getty Images

Credit Suisse's rescue had a sting in its tail for the banking crisis. Here's what you need to know about AT1 bonds.

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Credit Suisse logo
The Swiss regulator wrote the value of Credit Suisse's AT1 bonds down to zero as part of UBS's takeover deal Sunday.

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Recruiters worldwide are inundated with calls from anxious Credit Suisse bankers seeking new jobs amid the UBS takeover, report says

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People walk by the New York headquarters of Credit Suisse on March 15, 2023 in New York City. After its largest shareholder said it could not provide further support, Credit Suisse shares fell by as much as 30% on Wednesday as global concerns over the stability of major banks continued to spread.
Credit Suisse staff are reportedly flooding recruiters with calls about new jobs.

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JPMorgan Chase thought it had $1.3 million worth of nickel stored in a warehouse. A closer examination revealed bags of stones.

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A warehouse filled with bags of different colored stones
Turns out that JPMorgan's bags of nickel are actually bags of stones.

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S&P downgrades First Republic further into junk status as the bank's $30 billion rescue may not be enough to solve liquidity problems

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nyse svb first republic trading floor

Timothy A. Clary/AFP via Getty Images

First Republic shares crater 50% as banks discuss fresh capital raise after $30 billion rescue

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A pedestrian walks by the First Republic Bank headquarters on March 13, 2023 in San Francisco, California.
A pedestrian walks by the First Republic Bank headquarters on March 13, 2023 in San Francisco, California.

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'Nobody has a clue what happens next': Industry insiders react to Credit Suisse's rescue takeover by UBS

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credit suisse
Credit Suisse was bought by UBS over the weekend in a deal pushed by Swiss regulators.

Fabrice Coffrini/AFP/Getty Images)

The US could ease stress on the banking system by fully insuring deposits of regional banks like those at failed SVB, Mohamed El-Erian says

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Mohamed el-erian

Photo by Rob Kim/Getty Images

Credit Suisse shares tumble 55% as its UBS rescue deal fails to calm bank-crisis jitters

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Credit Suisse logo
Credit Suisse in Geneva.

Fabrice Coffrini/AFP/Getty Images

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