The Latest Breaking News from Credit Suisse

Washington (AFP) - The US banking sector is "stabilizing" after the recent failures of Silicon Valley Bank and Signature Bank rattled the industry, Treasury Secretary Janet Yellen told a lenders' meeting Tuesday.

The recent collapse of Silicon Valley Bank (SVB) – the failure of the biggest US lender since the 2008 global financial crisis – has created waves across the global banking system. The subsequent collapse of another US institution, Signature Bank, the US$30 billion (£24.5 billion) lifeline given to First Republic…

Hong Kong (AFP) - Days after it was rescued in an emergency buyout, Credit Suisse gathered hundreds of clients in an upscale Hong Kong hotel on Tuesday for a glitzy investment conference where they were told to "embrace the new reality".

London (AFP) - Stock markets jumped Tuesday, gradually recovering from last week's plunge, as shares in banks rallied on easing fears of a fresh financial crisis.

Investors are looking ahead to a brace of potentially explosive interest rate decisions later in the week

Inflation is receding, albeit slowly, so there’s no reason to risk more financial tumult. Will the central bank see it that way?

Stock futures add to gains as bank crisis concerns ease; Treasury Said To Mull Expanded U.S. Bank Deposit Guarantees; Nvidia CEO Jensen Huang set for keynote address on AI technology; Tesla edges higher after Moody's lifts 'junk status' rating and Nike Q3 earnings on deck as rival Adidas staggers from…

In light of the repercussions of the crisis experienced by the Credit Suisse Group, the second largest bank in Switzerland, which has been operating for 167 years, the Saudi National Bank announced on Monday that any change in the fair value of its investment in the Swiss group would not…

Could isolated failures herald another global banking crisis?