Banking and Financial Institutions – Page 207

Asian Markets Drop After Credit Suisse Moves to Borrow Billions

Stocks were set to open higher in Europe and the United States after days of volatility, but markets in Asia were down as fears grew about unseen risks.

By Vivek Shankar

Banking and Financial Institutions Credit Suisse Group AG Finances Greensill Capital Saudi National Bank Swiss Financial Market Supervisory Authority Swiss National Bank

Credit Suisse to Borrow as Much as $54 Billion From Swiss Central Bank

The Swiss lender had ended Wednesday fighting for its life, with shares at a record low and the cost to insure against a default the highest ever. The loan is an effort to avert further damage.

By Andres R. Martinez

Banking and Financial Institutions Goldman Sachs Group Inc Silicon Valley Bank Stocks and Bonds

Goldman Sachs Draws Scrutiny Over Money Earned on Silicon Valley Bank Deal

Goldman bought a bond portfolio on which the bank had booked a $1.8 billion loss, while also trying to raise capital for the bank in its last days.

By Andrew Ross Sorkin and Lauren Hirsch

Banking and Financial Institutions Collison, John Collison, Patrick Computers and the Internet Employee Fringe Benefits Initial Public Offerings Start-ups Stripe Inc Venture Capital

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.

By Kalley Huang