The Latest Breaking News from SVB

London (AFP) - European stocks sank Thursday after the US Federal Reserve and other central banks in Europe hiked interest rates despite turmoil in the banking sector.

Companies are taking a wait-and-see approach to hiring after SVB's collapse and the Credit Suisse rescue.

They helped restore faith in the private markets—even when everything looked like everything might fall apart.

Big banks are attracting more deposits–and putting money back into failing banks. A similar system existed in the run-up to the Great Depression.

A mini banking crisis in the US has lent credibility to all those whispers of a global recession.

Today, I was supposed to present the third article, Managing Household Debt, in the series "Changing Thailand". In fact, I have finished drafting a payment reduction model which could reduce monthly debt payments by 4.6 times without the hair-cutting debt principal or requiring government financial support. But I will delay…

The cryptocurrency jumped above $28,000 earlier this week.

Why deposit insurance matters: Without it, America's press secretary had to put his money under a mattress in the 1930s.

The Federal Reserve raised interest rates at a ninth straight meeting and indicated there may be more hikes to come in a clear sign it’s confident that its bid to quell inflation won’t deepen a nascent banking crisis.

The FDIC seized $2 billion from Silicon Valley Bank's former parent company, SVB Financial who may be on the hook for the bank's collapse.

The regional bank says it's adding new accounts and customers as investors fear risk of contagion after Silicon Valley Bank collapse.