From SVB’s sudden collapse to Credit Suisse fallout: 8 charts show financial market turmoil

From SVB’s sudden collapse to Credit Suisse fallout: 8 charts show financial market turmoil

A tumultuous week in U.S. financial markets ended on an uncertain note on Friday after a massive injection of $30 billion in deposits from major banks into First Republic Bank failed to calm investors. Last week, the sudden collapse of three US banks – Silvergate Capital, Signature Bank SBNY and Silicon Valley Bank – began … Read more

First Republic Bank in bailout talks with top US lenders

First Republic Bank in bailout talks with top US lenders

Biggest U.S. Banks Discuss Joint Bailout of First Republic Bank FRC 8.94% totaling more than $25 billion to support the beleaguered lender, people familiar with the matter said. JPMorgan Chase & Co., Citigroup Inc., Bank of America Corp. and Wells Fargo & Co. are in talks to each deposit $5 billion of their own money … Read more