UBS and Other Bank Stocks Fall After Credit Suisse’s Firesale
Posted inBank of England Banking and Financial Institutions Barr, Michael Barr, Michael S Bear Stearns Cos Biden, Joseph R Jr Buffett, Warren E Credit Suisse Group AG Federal Reserve System Goldman Sachs Group Inc Holmes, Elizabeth (1984- ) House Financial Services Committee internal-storyline-no JPMorgan Chase & Company Kelleher, Colm Lankford, James Lehman Brothers Holdings Inc Morgan Stanley Quattrone, Frank P Signature Bank Silicon Valley Bank Standard & Poor's Corp UBS AG Warren, Elizabeth Washington Mutual Inc

UBS and Other Bank Stocks Fall After Credit Suisse’s Firesale

Investors are still spooked after UBS bought its Swiss peer, with confidence in the banking sector in short supply.
Fed Blocked Mention of Regulatory Flaws in Silicon Valley Bank Rescue
Posted inBanking and Financial Institutions Federal Reserve System Powell, Jerome H Quarles, Randal K Regulation and Deregulation of Industry Shutdowns (Institutional) Signature Bank Silicon Valley Bank United States Politics and Government

Fed Blocked Mention of Regulatory Flaws in Silicon Valley Bank Rescue

Federal government officials wanted a joint statement to include a reference to regulatory shortcomings that they believe helped lead to the bank’s demise.