Credit Suisse’s shares have soared 30% after it announced it will move to shore up its finances by borrowing up to nearly $54 billion from the Swiss central bank

Credit Suisse shares have surged after the Swiss central bank agreed to loan the bank up to $54 billion to bolster confidence in the country’s second-biggest lender and blunt concerns about the international financial system following the collapse of two U.S. banks

A New York-based bank's demise was stunningly fast

What made the failure of Silicon Valley Bank unique compared to past failures of large banks was how quickly it collapsed

Sri Lankan health, railway, port and other state workers are on a daylong strike to protest against sharp increases in income taxes and electricity charges, as the island nation awaits approval of an International Monetary Fund package to aid its bankrupt economy

Asian stock markets are higher after Wall Street stabilized following declines for bank stocks and U.S. inflation edged lower

Stocks fell amid fresh worries about the banking sector, although Wall Street more than halved its losses by the closing bell

The Federal Reserve is facing stinging criticism for missing what observers say were clear signs that Silicon Valley Bank was at high risk of collapsing into what became the second-largest bank failure in U.S. history