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Bank executives face grilling as US lawmakers pry into failures

Executives from two large US banks that failed dramatically in March appeared in front of the Senate Banking Committee.

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Credit Suisse investors sue after facing billions in losses

A group of Credit Suisse investors have sued Swiss financial regulators after a government-engineered takeover of the struggling bank by rival UBS left them with billions in losses

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How major US stock indexes fared Wednesday 3/29/2023

Stocks rallied as Wall Street shook off more of the fear that dominated it earlier this month

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Fed lent $300B in emergency funds to banks in the past week

The Federal Reserves says cash-short banks have borrowed about $300 billion in emergency funding from the central bank in the past week

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How major US stock indexes fared Monday 2/27/2023

Stocks closed slightly higher, clawing back some of the losses from their worst week since early December

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