Markets Climb as Silicon Valley Bank Finally Finds a Buyer

Markets Climb as Silicon Valley Bank Finally Finds a Buyer

First Citizens agreed on Sunday to acquire the failed lender’s retail operations, a move that will cost taxpayers but is reassuring investors.
As Banking Worries Swirl, Europe’s Policymakers Express Confidence, With Caution

As Banking Worries Swirl, Europe’s Policymakers Express Confidence, With Caution

Officials say eurozone lenders are strictly supervised and continue to be strong. But at a recent conference, wariness about the future remained.