Swiss National Bank Says it would backstop Credit Suisse
Switzerland’s central bank and financial regulator saidCredit Suisse Group AGwill receive a liquidity backstop if needed, in an effort to arrest the slump in confidence around the troubled lender.Bloomberg’s Sally…
Silicon Valley Bank Tries to Prevent Bank Run After Shocking Collapse
Silicon Valley Bank is now under FDIC control, but they are still open for business. The collapse shocking investors and venture capitalists all over Silicon Valley. Bloomberg’s Priya Anand reports…