NY Times

Advertismentspot_img

Stripe Raises New Funding That Values It at $50 Billion

The payments processing start-up was valued at $95 billion in 2021, but private company dealmaking has been hurt by souring global economic conditions.  » mehr lesen

Stock Markets Fall as Bank Shares Take a Beating

Stomach-churning volatility in stocks, bonds and other assets reflected renewed worries about the state of the economy and the risks lurking in the financial system.  » mehr lesen

After SVB Collapse, Fed and Lawmakers Eye Bank Rules

The stunning demise of Silicon Valley Bank has spurred soul-searching about how large and regional banks are overseen.  » mehr lesen

Wells Fargo’s Carrie Tolstedt Pleads Guilty and Faces Prison

Carrie L. Tolstedt, who ran the bank’s retail branches, faces up to 16 months in prison for obstructing a bank examination.  » mehr lesen

Shards of Silicon Valley Bank Are for Sale, but No One Is Buying Yet

Big rivals are thus far shying away from scooping up the bank’s assets.  » mehr lesen

No, ‘Wokeness’ Did Not Cause Silicon Valley Bank’s Collapse

Blaming workplace diversity or environmentally and socially conscious investments for the firm’s downfall signals a “complete lack of understanding of how banks work,” one expert said.  » mehr lesen

Silicon Valley Bank Collapse: A Timeline of the Panic

Silicon Valley Bank’s collapse led to the failure of a second bank and prompted regulators to move to contain the fallout in the U.S. banking system.  » mehr lesen

Swiss Central Bank Says It Will Backstop Ailing Credit Suisse if Necessary

Shares of the beleaguered Swiss lender tumbled on Wednesday, adding to concerns about the banking sector.  » mehr lesen

NY Times

Advertismentspot_img