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Financial Crisis

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

Tue, 03/21/2023 - 11:46

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

Arnd Wiegmann/Getty Images

Markets, MI Exclusive, Credit Suisse, ubs, Banking Crisis, Banks, Bonds

Warren Buffett might help rescue the banks again - but he'll probably make less money this time around

Mon, 03/20/2023 - 11:26

Warren Buffett — Warren Buffett.
Carlos Barria / Reuters

Markets, MI Exclusive, Stocks, Warren Buffett, Berkshire Hathaway, US Markets and Economy, Banking Crisis

UBS is set to buy Credit Suisse for $3.2 billion. The megadeal could make the banking crisis worse.

Mon, 03/20/2023 - 08:55

wall street traders 2008 — UBS acquiring Credit Suisse has major implications for markets and the US economy.
Mike Segar/Reuters

Markets, MI Exclusive, Stocks, Credit Suisse, ubs, m&a, Banking Crisis

UBS is officially buying Credit Suisse in a historic rescue deal. This is how we got here.

Sun, 03/19/2023 - 15:55

Swiss Switzerland Fan Flag Soccer — Credit Suisse's stock is plunging as investors fear a banking crisis.
AP Photo/Schalk van Zuydam

Markets, MI Exclusive, Stocks, Credit Suisse, Banks, Banking Crisis, European Banks

Fed Chair Jerome Powell reportedly blocked a statement on regulatory flaws that led to SVB's collapse

Fri, 03/17/2023 - 13:32

jerome powell — Chairman of the Federal Reserve nominee Jerome Powell testifies during his confirmation hearing before the Senate Banking, Housing and Urban Affairs Committee November 28, 2017 on Capitol Hill in Washington, DC.
Alex Wong/Getty

Markets, MI Exclusive, Silicon Valley Bank collapse, SVB, Banking Crisis, Financial Crisis, Banking Regulation

Nobel economist Paul Krugman says the Silicon Valley Bank collapse has led to 'apocalyptic rhetoric' in markets, but almost none of it is true

Fri, 03/17/2023 - 09:23

Tech Insider : Economy

RTR31M2E — Paul Krugman.
REUTERS/Brendan McDermid

Markets, MI Exclusive, Paul Krugman, Silicon Valley Bank collapse, Silicon Valley Bank, SVB, Bailout

Fear of financial crisis unleashed chaos across markets this week. These 7 charts show how the shockwaves engulfed stocks, bonds, and commodities.

Fri, 03/17/2023 - 06:09

Stock traders on the exchange trading floor. — Stock traders
Drew Angerer/Getty Images

Markets, MI Exclusive, Market Analysis, Stock Market Analysis, Stock Market Outlook, Financial Crisis, Banking Crisis

'Shark Tank' investor Kevin O'Leary says he's telling startup CEOs to limit bank deposits and brace for the next 'black swan idiot' blowup

Thu, 03/16/2023 - 14:20

kevin oleary shark tank — Kevin O'Leary.
Mark Davis / Staff / Getty Images

Markets, MI Exclusive, Kevin O'Leary, Silicon Valley Bank, Silicon Valley Bank collapse, SVB, Contagion

Bank turmoil drags oil prices down to 15-month low

Thu, 03/16/2023 - 09:55

us oil refinery — REUTERS/Donna Carson

Markets, MI Exclusive, oil prices, Brent Crude, WTI, energy, bank crisis

'Big Short' investor Michael Burry hints the stock market could bottom within weeks - if this banking fiasco plays out like a previous one

Thu, 03/16/2023 - 08:36

Michael Burry — Michael Burry.
Bloomberg TV

Markets, MI Exclusive, Stocks, Michael Burry, The Big Short, Scion Asset Management, JPMorgan

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