mosaec

Investors Greet Emergency Credit Suisse Deal Warily

Banking and Financial Institutions Credit and Debt Credit Suisse Group AG Federal Reserve System Government Bonds Standard & Poor's 500-Stock Index Stocks and Bonds Swiss Financial Market Supervisory Authority UBS AG United States

Investors Greet Emergency Credit Suisse Deal Warily

Swiss regulators announced that UBS, Switzerland’s largest bank, would take over the troubled Credit Suisse.

By Joe Rennison

Hedge Funds That Bet on Credit Suisse Rescue Face Uneven Results

Banking and Financial Institutions Bankruptcies Credit and Debt Credit Suisse Group AG Hedge Funds Stocks and Bonds UBS AG

Hedge Funds That Bet on Credit Suisse Rescue Face Uneven Results

Among the funds to bet on the rescue deal were two that specialize in buying the bonds of companies on the brink of bankruptcy.

By Joe Rennison

Federal Reserve and Global Central Banks Act to Shore Up Dollar Access

Banking and Financial Institutions Credit Suisse Group AG Federal Reserve System Inflation (Economics) UBS AG United States Economy

Federal Reserve and Global Central Banks Act to Shore Up Dollar Access

America’s central bank and its counterparts around the world are rushing to cushion markets against the impact of bank problems.

By Jeanna Smialek

Before Collapse of Silicon Valley Bank, the Fed Spotted Big Problems

Banking and Financial Institutions Becker, Gregory W Brainard, Lael Federal Reserve Bank of San Francisco Federal Reserve System Inflation (Economics) Interest Rates Powell, Jerome H Quarles, Randal K Regulation and Deregulation of Industry Sanders, Bernard Silicon Valley Bank United States Politics and Government Warren, Elizabeth

Before Collapse of Silicon Valley Bank, the Fed Spotted Big Problems

The bank was using an incorrect model as it assessed its own risks amid rising interest rates, and spent much of 2022 under a supervisory review.

By Jeanna Smialek