Monday, March 20, 2023

Global Banks Under Pressure as Investors Eye Fallout From Credit Suisse Rescue

 Global Banks Under Pressure as Investors Eye Fallout From Credit Suisse Rescue
Markets wobbled the morning after UBS said it would take over Credit Suisse in a deal arranged by Swiss regulators. In the United States, First Republic Bank remained under stress.

Fed Meets as Bank Chaos Collides With Inflation
The Federal Reserve will decide whether and by how much to raise interest rates this week at a moment when its path ahead is newly fraught. 

Related: After SVB’s Collapse, Why People Are Worried About Banks 

Credit...Denis Balibouse/Reuters