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Bank turmoil drags oil prices down to 15-month low

Thu, 03/16/2023 - 09:55

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US stocks fall as turmoil in regional banks resumes and Credit Suisse gets a lifeline

Thu, 03/16/2023 - 09:44

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Traders work on the floor of the New York Stock Exchange (NYSE) shortly after the opening bell in New York, U.S., February 6, 2017. REUTERS/Lucas Jackson — Traders work on the floor of the NYSE
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The European Central Bank just brought in another big rate hike despite Credit Suisse rattling bank stocks

Thu, 03/16/2023 - 09:21

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ECB — The European Central Bank raised interest rates for a sixth time in a row Thursday.
Ralph Orlowski/Getty Images

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Credit Suisse could go bust if the ECB follows up on its rate hike promise, 'Dr. Doom' Nouriel Roubini says

Thu, 03/16/2023 - 07:58

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'Everything is fine' at Credit Suisse - it's just a bit of panic, says its biggest backer Saudi National Bank

Thu, 03/16/2023 - 06:22

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Credit Suisse shares jump over 25% after a $54 billion SNB loan eases jitters, US stock futures stabilize

Thu, 03/16/2023 - 06:20

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The logo of Swiss banking group Credit Suisse is pictured on November 11, 2018 in Geneva

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Silicon Valley Bank's failure might just spark a faster housing rebound

Thu, 03/16/2023 - 06:20

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Can you believe it's only Thursday? Phil Rosen here. The sheer volume of financial news this week is enough to fill a very thick book — but if it's okay with you, today we'll keep it to a single newsletter.

One thing I'm thinking about this morning: Elon Musk said he sees similarities between the Silicon Valley Bank collapse and the 1929 Wall Street crash.

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Credit Suisse to borrow up to $54 billion from Swiss National Bank as it looks to shore up liquidity amid the banking crisis

Wed, 03/15/2023 - 22:45

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People walk by the New York headquarters of Credit Suisse on March 15, 2023 in New York City.

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Switzerland's central bank says it will provide liquidity to Credit Suisse if deemed necessary for the embattled lender

Wed, 03/15/2023 - 16:49

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'Dr. Doom' Nouriel Roubini says Credit Suisse may be too big to save and risks igniting a 'Lehman moment'

Wed, 03/15/2023 - 16:40

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

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