“BlackRock is not participating in any plans to acquire all or any part of Credit Suisse, and has no interest in doing so,” a company spokesperson told CNBC.
Fail or sale? What could be next for stricken Credit Suisse
JPMorgan’s Kian Abouhossein described a Credit Suisse takeover by UBS as “the more likely scenario.”
Elizabeth Holmes owes over $25 million to Theranos, lawsuit says
According to a lawsuit obtained by CNBC, former Theranos CEO Elizabeth Holmes has missed payments on three promisorry notes and owes Theranos creditors $25 million.
CNBC Special Pro Talks: How award-winning fund manager David Giroux is navigating and investing in this volatile market
The market has been treacherous to navigate due to extreme volatility in the financial sector. Investors are looking for cover as fears of further bank collapses mount. T. Rowe Price’s David Giroux is a two-time winner of Morningstar’s Outstanding Portfolio Manager of the Year award and was just nominated again. He joins CNBC Pro to share how he is handling the turmoil and answer your questions.
Trump will surrender to face charges if indicted, defense lawyer says
Donald Trump is under criminal investigation for 2016 hush money payment his former attorney Michael Cohen made to porn star Stormy Daniels.
House committee calls Fed, FDIC officials to testify in its first hearing on bank failures
The House Financial Services Committee will hold the first in a series of hearings on the failures of SVB and Signature Bank at the end of March.
Fed loans, account guarantees helped stabilize ‘deposit flows’ at regional banks, Treasury official says
The markets still haven’t fully priced in the federal aid or the $30 billion 11 banks deposited into First Republic Bank to boost confidence into the system.
Trump posts on Facebook for first time since Jan. 6 Capitol riot
Trump has been expected to return to the Meta-owned platform and Twitter after both companies lifted their suspensions of his profiles.
Twitter’s major security change is just days away: Follow these steps to secure your account
Twitter will soon take away access to SMS-based two-factor authentication from users who don’t pay for the company’s $8-per-month Twitter Blue subscription.
SVB listed remote work as a business risk before it collapsed. That’s ‘a convenient excuse,’ experts say
Work experts say productivity dips among remote teams have more to do with economic pressures and poor leadership.