European Central Bank President Christine Lagarde is giving a press conference following the bank’s latest monetary policy decision.
European Central Bank hikes rates despite market mayhem, pledges support if needed
Some market players questioned whether President Christine Lagarde would proceed with a hike, given recent shocks in the banking sector.
‘The weakest links are cracking’: Investors consider possible Credit Suisse contagion
Even before the shock collapse of two U.S. banks, Credit Suisse had faced a slew of problems, including money laundering charges and spying allegations.
Op-ed: Be sure to ask these 5 questions before hiring a new financial advisor
There are more than a few factors to consider when deciding whether to work with a financial advisor. Here’s a look at some key boxes to check before deciding.
Stocks making the biggest premarket moves: Credit Suisse, Snap, Adobe, PagerDuty & more
Credit Suisse rebounded slightly from Wednesday’s drop, while PagerDuty popped on better-than-expected earnings.
Baidu shares drop to 8-week lows after company reveals ChatGPT rival
Chinese tech company Baidu gave the public a peek Thursday at what its Chinese-language ChatGPT alternative can do, while warning of its imperfections.
Candice Beaumont of $1.5 billion family office says ‘worst is yet to come’ for stocks, real-estate
“This is the beginning of a new paradigm and the beginning of a cycle where we’re in a multi-year contraction,” says the Lazard Freres veteran.
Where wealthy investors are putting their cash after SVB collapse
The strategy of banks requiring wealthy clients to give them deposits or primary-banking relationships in exchange for loans may be ending, advisers say.
Credit Suisse shares soar 30% on Swiss National Bank loan announcement
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Saudi National Bank says panic over Credit Suisse is ‘unwarranted’
“It’s panic, a little bit of panic. I believe completely unwarranted, whether it be for Credit Suisse or for the entire market,” he said on CNBC’s “Capital Connection.”