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Financial News Around the World

Credit Suisse bondholders prepare lawsuit after contentious $17 billion writedown

A number of Credit Suisse bondholders said they are considering legal action after the $17 billion wipeout of the embattled bank’s AT1 bonds.

Published 21 March 2023
Categorised as Finance News

Watch Treasury Secretary Janet Yellen speak live to banking conference

Yellen said authorities are prepared to extend unlimited deposit insurance to other banks if necessary.

Published 21 March 2023
Categorised as Finance News

Investor pessimism is reaching extremes, and that may be good for markets

Extreme sentiment has historically been associated with market bottoms. Right now opinions are pretty negative.

Published 21 March 2023
Categorised as Finance News

Stocks making the biggest premarket moves: Tesla, First Republic, UBS, Foot Locker and more

These are the stocks posting the largest moves in the premarket on Tuesday.

Published 21 March 2023
Categorised as Finance News

First Republic jumps 15%, leads comeback rally in regional banks Tuesday

Investors hoped for some sort of strategic action by the troubled bank or another big regulatory move to stem the downward spiral in the sector.

Published 21 March 2023
Categorised as Finance News

‘A financial banana republic’: UBS-Credit Suisse deal puts Switzerland’s reputation on the line

The demise of banking giant Credit Suisse sent shockwaves through financial markets and appears to have dealt a blow to Switzerland’s reputation for stability.

Published 21 March 2023
Categorised as Finance News

JPMorgan vs. Bank of America? Analysts say one of the stocks is set to soar 50%

For those considering big bank stocks, CNBC Pro takes a look at analyst views — and potential upside — for JPMorgan Chase and Bank of America.

Published 21 March 2023
Categorised as Finance News

To escape the rat race, this pair cycled 15,000 km along the route from Finland to Singapore

Valtteri Heinila and Alvari Poikola cycled for eight months through 21 countries. Heinila spoke to CNBC Travel about the joys and dangers of the trip.

Published 21 March 2023
Categorised as Finance News

Key banking crisis lesson: ‘The first line of defense should always be cash,’ advisor says

The collapse of Silicon Valley Bank and the banking crisis provide “a great case study” for clients, advisor says. Here’s what investors need to know.

Published 20 March 2023
Categorised as Finance News

JPMorgan advising First Republic on strategic alternatives, including a capital raise, sources say

JPMorgan Chase is advising embattled First Republic Bank on strategic alternatives, sources tell CNBC’s David Faber.

Published 20 March 2023
Categorised as Finance News

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