Trying to explain the bank runs? The "takeconomy" might deserve some of the blame.

Mar 21, 2023
Many factors led to Silicon Valley Bank’s collapse, but content creator Kyla Scanlon says "social media risk" accelerated the slide.
Credit Suisse Chair Axel Lehmann blamed his bank's failure partly on a "social media storm." Content creator Kyla Scanlon highlights the role of social media in the instability that has jolted global finance.
Fabrice Coffrini/AFP via Getty Images

Is Switzerland still synonymous with safe banking?

Mar 20, 2023
Switzerland’s reputation for secure, secret banking goes back to at least WW I. But its banks have changed over time, with mixed results.
UBS was reportedly worried that if Credit Suisse went bankrupt, it could have threatened the image of Swiss banking.
Fabric Coffrini/AFP via Getty Images

Europe's Credit Suisse is in trouble. Could its problems infect the rest of the financial system?

Mar 15, 2023
The bank, much larger than SVB, found problems in its financial reporting. Its Saudi funders ended support, but Swiss officials may step in.
Credit Suisse, an institution with global reach, has had problems prior to the current turmoil in the banking industry.
Fabrice Coffrini/AFP via Getty Images

The Weekly Wrap: Still waiting for a housing boost

May 23, 2014
John Carney with the Wall Street Journal and Linette Lopez from the Business Insider join Kai to discuss the week in review.

Are we moving away from "too big to jail"?

Apr 30, 2014
Two big banks are reportedly about to face criminal charges.

Swiss banks agree to help U.S. on tax evader crackdown

Dec 16, 2013
There was a time not so long ago when if you wanted to store money somewhere, no questions asked, you’d go to Switzerland. Maybe not so much anymore.
Pedestrians pass by an embossed Bank sign at the entrance of a branch of the Swiss banking giant UBS in Zurich.
FABRICE COFFRINI/AFP/Getty Images

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Criminal charges expected for ex-Credit Suisse traders

Feb 1, 2012
The government is expected to file criminal charges today against two former traders at the investment bank Credit Suisse for allegedly misstating the value of mortgage bonds back in 2008.

Federal prosecutors target former Credit Suisse traders

Feb 1, 2012
Prosecutors are expected to file criminal charges against traders from Credit Suisse for inflating the value of mortgage bonds back in 2008. Why it has taken so long for these charges to be filed?

Credit Suisse makes life a little harder for aspiring rogue traders

Dec 15, 2011
Take an extra week off and disconnect from your computers and BlackBerry, the bank tells employees as it steps up efforts to thwart nefarious trading within its ranks