Russia's banking system is largely shielded from the negative effects of the U.S. crisis due to the country's limited connections with the international financial system, says Russian press secretary.
CNBC analyst Jim Cramer is once again being pilloried on social media after a clip resurfaced showing the “Mad Money” host recommending viewers buy shares of Silicon Valley Bank’s parent company, which owns the tech-driven commercial lender that swiftly collapsed on Friday.
HSBC has agreed to acquire the UK arm of Silicon Valley Bank for a nominal fee of £1, following the collapse of the bank due to its specialization in lending to technology companies.
The Federal Deposit Insurance Corp. (FDIC) and Federal Reserve are discussing creating a fund to backstop deposits if more banks fail following the collapse of Silicon Valley Bank.
Disgraced former South Carolina lawyer Alex Murdaugh and his family members have given hundreds of thousands of dollars in political contributions over the years, including to top Democrats such as Hillary Clinton and President Joe Biden.
Two important reviews were recently released, both casting serious doubts on the scientific basis for many policies rolled out during the COVID-19 pandemic.
